Lead Market Risk - VaR & Capital for Commodities

JPMorgan Chase & Co.; Greater London; On-site; GBP 120,000 - 150,000; Full time

Job summary

JPMorgan Chase & Co. in London is seeking a Market Risk professional to oversee regulatory capital for Global Commodities, spanning energy, metals, and agricultural markets.

You will work with Risk, Finance, and Front Office teams to understand risk, drive initiatives, and modernize oversight using advanced data tools. The role emphasizes VaR, Stressed VaR, and future frameworks like FRTB, with opportunities to lead data science projects and automation across trading desks and technology

Qualifications

• Market risk experience in Commodities or related risk framework.
• Proven ability to work in a fast-paced environment.
• Excellent written and verbal communication skills.
• Strong project management and delivery mindset.
• Bachelor's degree required.
• Strong emphasis on process and controls.

Responsibilities

• Oversee the Market Risk Regulatory Capital framework for Global Commodities.
• Monitor risk exposures and P&L drivers using trading analysis tools.
• Analyze price movements in commodities markets (spot/forward, curves, basis).
• Develop expertise in commodities products and market risk factors.
• Govern VaR, Stressed VaR, and regulatory capital metrics.
• Provide regulatory capital expertise to Risk, Finance, and Front Office teams.
• Collaborate with Market Risk Coverage and Trading Desks on capital impacts.
• Support future regulatory frameworks such as FRTB.
• Lead data science and infrastructure initiatives to modernize VaR oversight.
• Coordinate across Market Risk Management, Q.R., Product Control, Tech, Data Science teams.

Skills

Market risk

Fast-paced environment

Communication skills

Project management

Process & controls

Education

Bachelor's degree

Master's degree or MBA

Tools

Python

SQL

Data visualization

Job description

JPMorgan Chase & Co. in London is seeking a Market Risk professional to oversee regulatory capital for Global Commodities, spanning energy, metals, and agricultural markets.

You will work with Risk, Finance, and Front Office teams to understand risk, drive initiatives, and modernize oversight using advanced data tools. The role emphasizes VaR, Stressed VaR, and future frameworks like FRTB, with opportunities to lead data science projects and automation across trading desks and technology