Market Risk Stress Associate

Posted 6 Hours Ago
Be an Early Applicant
London, Greater London, England
Hybrid
Mid level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As a Market Risk Stress Associate, you will be responsible for developing and maintaining stress testing methodologies, managing technology processes, driving data science initiatives, and collaborating with teams for effective risk management and regulatory compliance.
Summary Generated by Built In

Job Description
Join our dynamic Firmwide Market Risk Stress team as an Associate in London, where you'll play a pivotal role in shaping the future of stress testing. This is a unique opportunity to contribute to a critical function that impacts the firm's risk management strategy and regulatory compliance. Be part of a team that values innovation, collaboration, and excellence.
As a Market Risk Stress Associate within the Firmwide Market Risk Stress team, you will be involved in various aspects of stress testing, with a particular emphasis on asset class stress testing methodology and strategic technology projects. You will have the opportunity to work alongside experts across the firm to improve our stress testing framework and ensure the implementation of robust risk management practices. This role provides an opportunity to significantly influence the firm's market risk profile and regulatory interactions.
Job responsibilities

  • Own, develop, and maintain the Firmwide Market Risk stress testing methodology, including shock design and governance.
  • Partner with asset class experts and Model Risk Governance and Review (MRGR) to manage the asset class FSI shock Qualitative Model (QM).
  • Develop and oversee stress-related technology processes and controls, focusing on both BAU enhancements and strategic infrastructure.
  • Drive data science and strategic infrastructure initiatives to modernize stress calculation, leveraging robotics, machine learning, and AI programs.
  • Manage Trading Issuer Default Loss (IDL) submissions for internal and external regulatory exercises, performing impact analysis based on methodology and rules.
  • Identify and mitigate operational risks, streamline processes, and enhance efficiency.
  • Collaborate with internal and external control and audit teams to support effective risk management and audit processes.
  • Assist in regulatory exams by analyzing, documenting, and presenting on Trading assets, coordinating with various teams.


Required qualifications, capabilities, and skills

  • Bachelor's degree with experience in the financial industry.
  • Strong quantitative and analytical skills with knowledge of financial markets and product valuation.
  • Understanding of risk sensitivities and financial product valuation, including Option Greeks.
  • Advanced skills in analyzing large datasets using Excel, Tableau, or similar software.
  • Experience working with technology teams on risk system enhancements and infrastructure projects.
  • Strong control and risk management mindset with a focus on process improvement.
  • Proven project leadership, business writing, and communication skills.


Preferred qualifications, capabilities, and skills

  • Experience across various asset classes.
  • Familiarity with JPM risk systems.
  • Experience in leading discussions across multiple stakeholder teams.


About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.

Top Skills

AI
Excel
Machine Learning
Robotics
Tableau

What the Team is Saying

Nick S.
Lupe C.
Edwin T.
Dawn T.
Meng M.
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
Year Founded: 1799

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.

Gallery

Gallery
Gallery
Gallery
Gallery
Gallery
Gallery

JPMorganChase Teams

Team
Product + Tech
About our Teams

JPMorganChase Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Flexible
Company Office Image
HQNew York, NY
SG
Bengaluru, Karnataka
Bournemouth, GB
Brooklyn, NY
Buenos Aires, Avaya
Chicago, IL
Dallas, TX
Dublin, IE
Glasgow, GB
Houston, TX
Hyderabad, Telangana
London, GB
Mumbai, Maharashtra
Philadelphia, PA
San Francisco, CA
Tampa, FL
Westerville, OH
Wilmington, DE
Learn more

Similar Jobs

Hybrid
London, Greater London, England, GBR
289097 Employees
Hybrid
London, Greater London, England, GBR
289097 Employees
Hybrid
London, Greater London, England, GBR
289097 Employees
Hybrid
London, Greater London, England, GBR
289097 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account