Risk Management - Market Risk Coverage Lead -Vice President

Next Frontier Capital; New York (NY); On-site; USD 180,000 - 240,000; Full time

Benefits offered by this job

Health care coverage

Retirement savings plan

Tuition reimbursement

On-site health centers

Job summary

JPMorganChase in New York seeks a Market Risk Vice President within the Chief Investment Office, Treasury and Corporate Risk to partner with portfolio managers and ensure the market risk profile is understood by senior leadership.

You will develop fixed income expertise, deliver analytics for pre-trade reviews, monitor exposures, and strengthen governance through reporting and disciplined escalation.

Qualifications

• Formal training or certification in risk management concepts.
• 5+ years of applied risk management experience.
• Experience in fixed income or securitized products.
• Knowledge of VaR, stress testing, governance and controls.

Responsibilities

• Develop fixed income market expertise and analytics for pre-trade reviews.
• Monitor daily market risk positions for exposures and concentrations.
• Synthesize macroeconomic research into portfolio reports and projections.
• Present risk changes and top risks to senior risk management.
• Coordinate updates to market risk models and methodologies.
• Collaborate with quantitative research to improve transparency and reporting outputs.
• Drive process and technology improvements across risk workflows.
• Coordinate with other risk groups to uphold governance and standards.
• Respond promptly to urgent ad-hoc risk requests.

Skills

Risk management

Fixed income

Rates & FX

Excel

Bloomberg

Communication skills

Independent working

Education

Advanced degree in finance

CFA or equivalent

Tools

Bloomberg Terminal

Excel VBA

Risk systems

Job description

Bring your Expertise to JPMorganChase. As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a Market Risk Vice President in the Chief Investment Office, Treasury and Corporate Risk team, you will partner with portfolio managers to support risk and return decision-making and ensure the market risk profile is understood by senior management, the board, and regulators. You develop deep fixed income expertise and deliver analytics and insights that inform pre-trade reviews, limit setting, and risk transparency. You help us monitor exposures, reduce volatility in operating performance, and strengthen governance through clear reporting and disciplined escalation.

Job responsibilities:

• Develop fixed income market and portfolio expertise and deliver analytics that inform pre-trade reviews and limit updates
• Monitor market risk positions daily to identify material exposures and concentrations and upscale? Actually no.
• Synthesize macroeconomic research and market themes into reports that inform portfolio strategy and financial projections
• Present risk changes, top risks, and deep-dive analyses to senior risk management stakeholders
• Evaluate and coordinate updates to market risk models, including methodology review and impact assessment
• Partner with quantitative research and model review teams to improve transparency, methodologies, and reporting outputs
• Drive process and technology improvements that enhance efficiency and scalability across risk workflows
• Partner with other risk groups to strengthen standards and best practices and represent the team in cross-functional initiatives
• Respond to urgent ad-hoc requests from senior risk management with accuracy and timeliness

Required qualifications, capabilities, and skills:

• Formal training or certification in risk management concepts and 5 years plus of applied experience
• Experience in risk management and fixed income or securitized products
• Understanding of fixed income markets with focus on rates and foreign exchange
• Knowledge of risk monitoring governance and controls, including value at risk, stress testing, return measures, and stress scenario construction
• Strong technical proficiency in Excel, VBA, and Bloomberg, with ability to learn and apply core business and risk systems
• Excellent written and verbal communication skills, translating technical concepts for diverse audiences
• Demonstrated ability to work independently and cross-functionally under pressure with strong attention to detail
• Ability to constructively challenge portfolio manager views and support risk and capital allocation decisions
• Self-motivated and accountable, with a proactive approach to issue resolution

Preferred qualifications, capabilities, and skills:

• Advanced degree in finance, economics, or a related quantitative field, or an MBA
• Professional qualification such as Chartered Financial Analyst or equivalent
• Experience with macroeconomic modeling applied to financial projections and portfolio risk
• Familiarity with model risk governance and collaboration with quantitative research teams
• Prior market risk experience within a large financial institution or investment management firm

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success. Provide fixed income market risk oversight for CIO Treasury and Corporate,