Risk Management - Market Risk Coverage - Senior Associate

Job Description
Join the Risk Management and Compliance team at JPMorgan Chase as an Associate for our Market Risk team in New York. Reporting to the head of Market Risk for Latin America Currencies and Emerging Market business, you'll provide insights into Latin American markets and related risk exposures. You'll also spearhead innovation, improving processes, introducing new data analytics, and initiating AI initiatives in risk management. Your expertise will help us anticipate and address emerging risks, impacting our company, customers, and communities positively. Be part of a cutting-edge Risk Organization within the Corporate and Investment Bank Market Risk Management group.
As a Market Risk Manager within the Corporate Investment Banking Market Risk Management group, you will be an integral part of a leading-edge Risk Organization. Your role will involve identifying, monitoring, and quantifying the risks that our business faces. Collaborating with your team, you will devise innovative strategies to pinpoint potential threats and vulnerabilities in our risk profile, and challenge and escalate them as necessary.
As a member of the Counterparty Exposure Management Market Risk Coverage team, you will work closely with one of the largest Macro businesses in the industry. Your intellectual curiosity and keen interest in global financial markets will be utilized to focus on price fluctuations and events impacting the trading portfolio. Your primary objective will be to highlight top risks to the Trading business and the Market Risk management team. You will manage a wide range of products, and possessing a solid understanding of linear rates and FX products in G10 and/or Emerging markets, as well as knowledge of FX options business, will be advantageous. You will report directly to the Latin America head of Market Risk Coverage.
Job Responsibilities

• Perform daily monitoring and analysis of risk exposures and understanding the factors that drive the profits and loss affecting the trading portfolio. You can have influence over the whole global team with respect to the global project agenda.
• Advise and provide recommendations on trading limits and pre-trade approvals
• Escalate, working within the boundaries of your experience
• Identify top risks and communicate those risks to the trading business and the CEM Market Risk management team
• Develop a deep understanding of the wide-ranging suite of financial products traded by JP Morgan and the key risks associated with them
• Perform & understand the output from scenario analysis and stress testing: be able to articulate those results, as well as findings from ad-hoc regular risk analysis, into meaningful executive summaries
• Provide dealings with regulatory body of work on Market Risk related enquiries as well as having a good understanding of the legal entity footprint of the business in the Latam Countries, key to the franchise.

Required qualifications, capabilities, & skills

• Experience in the financial industry, preferably in Risk Management or Regulatory experience or Trading
• Experience managing teams
• Good quantitative and analytical background with extensive product knowledge and thorough understanding of risk managing linear rates and FX derivatives.
• Experience of using technology to drive improvement.
• An ability to take data and transform it into meaningful executive information, often using cutting edge technology such as LLM
• Effective stakeholder management, a history of working across different businesses and cultures.

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 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
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.