Commodity Market Risk: VaR & Capital Coverage Lead

JPMorganChase; Greater London; On-site; GBP 110,000 - 140,000; Full time

Job summary

J.P. Morgan is seeking a senior Market Risk professional to shape the risk framework for Global Commodities. You will oversee regulatory capital, collaborate with Market Risk Coverage, Trading Desks, and Quantitative teams to monitor exposures and capital impacts.

The role emphasizes data-driven risk management and modernization of VaR capabilities. You will drive initiatives across technology, risk, and finance to implement future regulatory frameworks such as FRTB, ensuring strong governance

Qualifications

• Experience in market risk management within commodities or transferable risk frameworks.
• Ability to operate effectively in high‑tempo market events and collaborate with cross‑functional teams.
• Strong written and verbal communication skills across stakeholders.
• Proven project management skills with a track record of delivering initiatives.
• Solid understanding of risk controls and governance processes.

Responsibilities

• Oversee Market Risk Regulatory Capital framework for Global Commodities.
• Use trading analysis tools to monitor risk and P&L drivers across portfolios.
• Monitor price movements in commodities markets and impact on trading portfolios.
• Develop expertise across a wide range of commodities products and risk factors.
• Govern risk metrics and regulatory capital measures such as VaR and stressed VaR.
• Provide regulatory capital guidance to Risk, Finance, and Front Office teams.
• Collaborate with Trading Desks to assess capital impacts of new products and activities.
• Support implementation of future regulatory frameworks including FRTB.
• Lead data science and infra initiatives to modernize VaR and capital oversight.

Skills

Market risk experience

Fast-paced environment

Communication skills

Project management

Process and control mindset

Education

Bachelor's degree

Master's degree or MBA

Tools

Python

SQL

Data visualization

Job description

J.P. Morgan is seeking a senior Market Risk professional to shape the risk framework for Global Commodities. You will oversee regulatory capital, collaborate with Market Risk Coverage, Trading Desks, and Quantitative teams to monitor exposures and capital impacts.

The role emphasizes data-driven risk management and modernization of VaR capabilities. You will drive initiatives across technology, risk, and finance to implement future regulatory frameworks such as FRTB, ensuring strong governance