Market Risk Analyst

JPMorgan Chase & Co.; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

JPMorgan Chase & Co. in Mumbai seeks a Market Risk Analyst to support Basel risk-weighted asset calculations and reporting. You will work with Capital Management and Market Risk teams to interpret rules, analyze inputs, and maintain controls for regulatory and internal processes.

The role emphasizes data handling, scenario analysis, and collaboration across risk, finance, and quantitative teams to strengthen risk management and reporting capabilities.

Qualifications

• Degree in Finance, Economics, Statistics, Engineering, Computer Science, or related field.
• 2+ years of experience in Finance, Risk Management, or related field.
• Strong working knowledge of derivative products across asset classes.
• Analytical, critical thinking, problem-solving with process improvement mindset.
• Proficient in Excel and handling large datasets.
• Effective written and verbal communication skills.

Responsibilities

• Verify inputs and outputs of risk-weighted asset calculations across multiple measures.
• Provide risk-weighted assets for quarterly regulatory reporting and internal stress testing.
• Perform scenario analysis and quantify impact of methodology changes.
• Implement and oversee end-to-end controls of capital measures with stakeholders.
• Identify operational risks and streamline processes to improve efficiency and controls.
• Support the wider Market Risk organization on ad-hoc initiatives as needed.

Skills

Financial risk management

Derivative products knowledge

Excel proficiency

Analytical thinking

Communication skills

Team player

Multi-tasking under pressure

Education

Bachelor's degree in Finance or Economics or Engineering

Advanced degree

Tools

Tableau

Alteryx

Python

Job description

Market Risk is an independent risk group within Risk Management, reporting to the Firm’s Chief Risk Officer, which identifies, measures, monitors and controls market risk. Market risk management seeks to facilitate efficient risk/return decisions, reduce volatility in operating performance and ensure that the firm's market risk profile is transparent to senior management, the Board of Directors and regulators. The Market Risk Value at Risk and Capital Group is responsible for developing and delivering the operating model and framework for Basel market risk rule implementation in partnership with key stakeholder groups. In this role, you will support implementation, calculation, analysis, and reporting of market risk risk-weighted assets while partnering across Market Risk and Capital Management.

As a Market Risk Analyst within the Market Risk Value at Risk and Capital team, you will support the implementation, calculation, analysis, and reporting of market risk risk-weighted assets. You will help ensure the existing Basel regulatory framework and future regulatory requirements are properly implemented and maintained at the firm and legal entity levels. You will develop an understanding of the methodologies and inputs used for key market risk capital measures, and partner with Capital Management and other stakeholders on rule interpretation and controls. You will help manage controls and explain the risk-weighted asset measures by working with Market Risk management, middle office teams, business partners, quantitative research, and other groups.

Job responsibilities

• Verify inputs and outputs of risk-weighted asset calculations across multiple measures, and analyze and explain results
• Provide risk-weighted assets for quarterly regulatory reporting, the firm’s internal stress testing process, and resolution and recovery reporting
• Perform scenario analysis and impact quantification on methodology and rule changes
• Implement and oversee end-to-end controls of capital measures by partnering with key stakeholders
• Identify operational risks and streamline processes to improve efficiency, explain capabilities, and strengthen controls
• Support the wider Market Risk organization on ad-hoc initiatives as needed

Required qualifications, capabilities, and skills

• Degree in Finance, Economics, Statistics, Engineering, Computer Science, or a related field
• 2+ years of experience in Finance, Risk Management, or a related field
• Strong working knowledge of derivative products across one or more asset classes
• Strong analytical, critical thinking, and problem-solving skills with a mindset on process enhancement and improvements
• Comfortable handling large datasets with strong Excel skills
• Self-motivated team player with the ability to research and resolve issues independently while working across teams to acquire needed information
• Ability to multi-task, work well under pressure, and deliver under tight deadlines
• Excellent written and verbal communication skills

Preferred qualifications, capabilities, and skills

• Advanced degree
• Financial Risk Manager certification
• Knowledge of Basel market risk rules
• Experience with Tableau and Alteryx
• Working knowledge of Python and willingness to learn new toolsets