Risk Management [Multiple Positions Available]

JPMorgan Chase; New York (NY); On-site; USD 160,000 - 210,000; Full time

Job summary

JPMorgan Chase in New York, NY is seeking a quantitative risk analyst to analyze macro trends and assess market risk in municipal and fixed income products. You will run stress tests, develop dashboards, and present findings to senior management for sign-off.

The role requires advanced degree in financial engineering or related field and 4+ years of relevant experience with Python, Excel, and Bloomberg, plus strong analytical and communication skills.

Qualifications

• Requires a master's degree in financial engineering, quantitative finance, economics, statistics or related field plus 2 years in risk/quant research or related.
• Alternatively, a bachelor's degree in related field plus 4 years of experience in risk management, research, or quantitative analysis.

Responsibilities

• Analyze macro trends and municipal bonds market impact using statistical metrics.
• Conduct quarterly and annual stress tests for internal and Fed-defined scenarios.
• Cross-check results and review with senior management for sign-off.
• Automate daily/weekly/monthly risk analysis and build dashboards for dynamic views.
• Prepare for regulatory inquiries and responses.

Skills

Statistical learning

Time series analysis

Scenario analysis

Stress testing

P&L attribution

Dashboards

Regulatory readiness

Communication with management

Education

Master's degree in Financial Engineering

Bachelor's degree in Financial Engineering

Tools

Python

Excel

Bloomberg

pandas

numpy

Job description

Duties

Analyze the impact of current macroeconomic market trends on the municipal bonds market and market risk using statistical metrics. Conduct quarterly and annual stress testing for internal and Federal Reserve- defined scenarios, cross-check and validate testing results, and review results with senior management for sign-off. Perform pre-trade governance scenario analysis on large auctions and portfolio trades to ensure that market risk limits are appropriate and communicate findings with internal partners. Monitor market risk metrics daily, ensuring accuracy in collaboration with technology and quantitative research teams. Perform quantitative and qualitative analysis on structured products and hedges. Provide risk metrics and expected P&L impact on various products and inventories during stressed market conditions, and review with senior management. Automate daily, weekly and monthly analysis and create dashboards for dynamic views. Analyze the appropriateness of hedging strategies. Prepare for regulatory inquiries and responses.

Qualifications

Minimum education and experience required: Master's degree in Financial Engineering, Quantitative Finance, Economics, Statistics, or related field of study plus two (2) years of experience in the job offered or as Risk Management, Research Associate, Quantitative Analyst, Financial Consultant, or related occupation. The employer will alternatively accept a Bachelor's degree in Financial Engineering, Quantitative Finance, Economics, Statistics, or related field of study plus four (4) years of experience in the job offered or as Risk Management, Research Associate, Quantitative Analyst, Financial Consultant, or related occupation.

Skills Required

This position requires two (2) years of experience with the following skills: Conducting statistical learning and time series analysis using Python, including regression and tree-based models, feature engineering, parameter selection, and cross-validation; Automating business-as-usual processes, such as summarizing risk changes or trading P&L attributions, using Python libraries including pandas and numpy; Performing scenario analysis and stress testing for key risk metrics including interest rate risk and value at risk using Python; Creating interactive dashboards of risk data, trading volume, and economic indicators using Python; Performing stress tests on various fixed income derivative products; Calculating market risk metrics including value at risk and Greeks using Excel and Python. This position requires one (1) year of experience with the following skill: Analyzing market movement using Bloomberg functions including ECO, GC, QR, CDRA, and YAS.

Job Location

270 Park Avenue, New York, NY 10017

Contract & Compensation

Full-Time. Salary: $160,000 - $210,000 per year.