Market Risk Coverage Associate - Securitized Products Group

JPMorgan Chase & Co.; City of Westminster; On-site; GBP 65,000 - 90,000; Full time

Job summary

JPMorgan Chase & Co. invites an Associate in the Securitized Products Group Market Risk to collaborate with the trading desk, monitor risk exposures, and provide risk advisory to support risk-adjusted decisions.

You will build enhanced risk monitoring frameworks, understand product risks, and work with Front Office, quantitative research, technology and risk reporting teams to keep senior management and regulators informed.

Qualifications

• Experience in securitized products and market risk.
• Experience using risk management or trading analytics tools.
• Ability to analyze complex datasets and communicate insights effectively.
• Knowledge of fixed income products and structured finance markets.
• Familiarity with market risk measurement methodologies and scenario analysis.

Responsibilities

• Build an enhanced risk monitoring framework for SPS globally, with emphasis on Europe, the Middle East and Africa, and Asia Pacific markets.
• Develop an understanding of various products traded and their key risks.
• Provide innovative solutions to identify threats and weaknesses in the risk profile, enhancing transparency on strategies, position concentrations, and market impact.
• Understand the factors that drive risk and P&L, follow market movements, highlight top risks, and discuss risk changes.
• Perform regular risk and scenario analyses on various risk themes and communicate findings.
• Review and approve large and complex transactions, challenging the trading business to ensure constraints and controls are in place.
• Facilitate reports for weekly risk meetings with the desk and provide commentary.
• Interact with quantitative research, technology, middle office, and risk reporting teams to ensure accurate risk capture.
• Understand quantitative concepts relating to risk sensitivity, P&L explanation, value at risk, and stress scenario results.
• Maintain a good understanding of the macroeconomic landscape and follow financial markets.
• Demonstrate strong teamwork, interpersonal, and communication skills.
• Collaborate with trading and control functions.
• Work independently and manage priorities effectively.
• Develop innovative solutions and make clear recommendations.
• Proficiency in Microsoft Office (Excel, Word, PowerPoint).
• Working knowledge of Python or Tableau.
• Fluency in English with excellent written and verbal communication.

Skills

Risk management

Communication

Teamwork

Financial markets knowledge

Analytical thinking

Tools

Python

Tableau

Excel

Job description

As an Associate in the Securitized Products Group Market Risk team, you will work closely with the trading desk to perform portfolio analysis, provide risk advisory to facilitate risk and return decisions, and work with stakeholders globally and locally to ensure that the market risk profile is transparent to senior management and regulators. You will use a wide variety of trading analysis tools to monitor risk exposures and understand the factors that affect the trading portfolio and profit and loss of the business. You will have regular dialogue with many of our business partners throughout the Corporate and Investment Bank, including the Front Office, with discussions on risk appetite, limits, and individual large and complex transaction details. Our culture in Risk Management and Compliance is centered on challenging the status quo and striving to be best-in-class.

• Build an enhanced risk monitoring framework to effectively monitor and manage the expanding business footprint for Securitized Products globally, with a special emphasis on businesses based in Europe, the Middle East and Africa, and Asia Pacific markets.
• Develop an understanding of various products traded and their key risks.
• Provide innovative solutions to identify threats and weaknesses in the risk profile, proactively bringing these to the attention of the trading business and Market Risk team to enhance transparency on strategies, position concentrations, and market impact.
• Understand the factors that drive risk and profit and loss on the books, follow market movements affecting positions and limits, highlight top risks, and discuss risk changes.
• Perform regular risk and scenario analyses on various risk themes and communicate findings.
• Review and approve large and complex transactions, challenging the trading business to ensure appropriate constraints and controls are in place.
• Facilitate reports for weekly risk meetings with the desk and provide commentary.
• Interact extensively with quantitative research, technology, middle office, and market risk reporting teams to ensure accurate risk capture, demonstrating due diligence and attention to detail.
• Ability to understand quantitative concepts relating to risk sensitivity, profit and loss explanation, value at risk, and stress scenario results.
• Good understanding of the macroeconomic landscape and strong interest in following financial markets.
• Strong teamwork, interpersonal, and communication skills.
• Ability to collaborate with a wide variety of teams, including trading and control functions.
• Ability to work independently and manage priorities effectively.
• Ability to develop innovative solutions and make clear recommendations.
• Proficiency in Microsoft Office applications, including Excel, Word, and PowerPoint.
• Working knowledge of Python or Tableau.
• Fluency in English with excellent written and verbal communication skills.

Preferred Qualifications, Capabilities, and Skills:

• Understanding of securitized products and their associated market risks.
• Experience using risk management or trading analytics tools.
• Ability to analyze complex datasets and communicate insights effectively.
• Knowledge of fixed income products and structured finance markets.
• Familiarity with market risk measurement methodologies and scenario analysis.

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives., J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.