Market Risk Associate, Mortgage & Structured Products

JPMorgan Chase & Co.; Jersey City (NJ); Sur place; USD 90 000 - 130 000; Plein temps

Résumé du poste

JPMorgan Chase & Co. in Jersey City seeks an Associate in the Chief Investments Office Market Risk team to strengthen the second line of defense and deliver actionable risk insights across Agency MBS, RMBS, and other structured products.

You will monitor risk metrics, support stress testing, and contribute to risk reporting, limit reviews, and governance materials, collaborating with risk, trading, and technology partners.

Qualifications

• Bachelor's degree in finance, math, engineering, economics, business, or computer science.
• Minimum 2 years in market risk, front office, treasury, risk analytics, product control, or similar role; mortgage/structured products exposure.
• Knowledge of VaR, stress testing, DV01/delta, gamma/convexity; familiar with spread and prepayment risk.
• Strong quantitative and analytical skills with attention to detail; ability to translate analysis into clear takeaways.
• Strong written and verbal communication; able to collaborate with trading, risk, product control, and technology partners.
• Demonstrated ownership mindset: manage defined workstreams independently; prioritize and escalate when needed.
• Strong controls orientation: documentation, reconciliations, data quality checks, process discipline.

Responsabilités

• Support market risk coverage for Home Lending desks including Agency, Non-Agency, MSR and hedges (Swaps, Futures, Options, TBAs).
• Monitor daily risk measures and changes in market risk, trading activity and risk profiles.
• Prepare regular risk updates for senior management and risk forums.
• Perform product- and trade-level analyses to identify material risks, concentrations and vulnerabilities.
• Assist with review of portfolio risk sensitivities, VaR, stress results, and limit management; support documentation for limit exceptions.
• Develop and maintain stress scenarios and ad hoc scenario requests; improve documentation and repeatability.
• Support new product and trade reviews by gathering analysis and summarizing risks for approvals and risk frameworks.
• Collaborate with Middle Office, Operations, Compliance, Technology, and Product Control to resolve data/booking/reporting issues and strengthen controls.
• Enhance risk reporting and analytics through automation and data quality checks.

Connaissances

Market risk knowledge

Quantitative analysis

Communication skills

Ownership mindset

Controls discipline

Python

Formation

Bachelor's degree

Outils

Python

Description du poste

JPMorgan Chase & Co. in Jersey City seeks an Associate in the Chief Investments Office Market Risk team to strengthen the second line of defense and deliver actionable risk insights across Agency MBS, RMBS, and other structured products.

You will monitor risk metrics, support stress testing, and contribute to risk reporting, limit reviews, and governance materials, collaborating with risk, trading, and technology partners.