Job Description
Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? As a Market Risk Management ,Vice President, you will s upport execution of regulatory deliverables, exams and overall engagement to ensure consistent, accurate and clear responses to regulatory enquiries and examination requirements.
Market Risk is an independent risk group within Risk Management, reporting to the firm's CRO, which 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. Market Risk Regulatory & Policy team (MRRP) works closely with the Market Risk Coverage teams and other partner teams including Risk Policy, Compliance, Legal Entity Risk, Business Control, Audit and external Regulators. The team has responsibility to respond to regular & ad-hoc regulatory engagements, set Market Risk policy/other guidance in order to establish a consistent governance framework for Market Risk across the firm and share best practices across Market Risk Coverage teams in line with regulatory and management requirements.
The Market Risk Regulatory & Policy (MRRP) team is seeking a Vice President level candidate to support the group's global regulatory agenda and review & improvement of key market risk control processes. You will collaborate with senior leaders within Market Risk to provide strategic advice and handle regulatory examinations and other engagements primarily conducted by APAC based banking regulators. The role offers high visibility within the Market Risk organization through regular interactions with senior management. The MRRP team sits within Market Risk and acts as a centralized resource supporting regulatory exams management and ongoing monitoring activities.
Job Responsibilities
- Support execution of regulatory deliverables, exams and overall engagement to ensure consistent, accurate and clear responses to regulatory enquiries and examination requirements.
- Manage implementation of initiatives related to new rules, regulatory exam feedback or internal framework enhancements, liaising across relevant business, technology, and control functions to prioritize risks, challenge approaches, and drive appropriate responses.
- Support various periodic Market Risk processes & projects to ensure compliance with internal & regulatory requirements such as Semi-Annual Limit Review, Permitted Instruments monitoring, etc.
- Analyze processes to identify opportunities for streamlining and improvements in methodologies and documentation.
- Partner with governance document owners and managers during periodic document review and authoring of new documents.
Required Qualifications, Skills, and Capabilities:
- Bachelor's degree with a minimum 5 years of experience in Risk Management.
- Experience in Market Risk, with strong knowledge of market risk concepts such as Risk Metrics, Stress Testing, etc. and risk management processes & controls, such as Risk Limits, Pre-Trade Governance, etc.
- Ability to balance multiple priorities, work under pressure and manage to tight deadlines while leveraging strong analytic and problem-solving skills.
- Excellent written and verbal communication skills in both communicating to senior managers & regulators and producing governance documentation.
- Strong leadership and influencing skills with ability to build consensus and effectively drive initiatives & issues to completion.
About Us
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 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.
About the Team
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.
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.
Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.
Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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