Market Risk FRTB - Implementation & Analytics - Senior Associate / Vice President
J.P. Morgan
Shape the future of market risk at JPMorgan Chase. As a Vice President / Senior Associate in Market Risk Fundamental Review of the Trading Book (FRTB), you’ll sit at the center of the firm’s capital strategy—partnering with Quantitative Research, Technology, and the Business to deliver robust, scalable, regulator‑ready solutions. You’ll harness Artificial Intelligence and automation to elevate analytics, accelerate decisions, and strengthen resilience across in‑scope trading businesses.
As Market Risk FRTB - Implementation & Analytics - Senior Associate / Vice President in Market Risk department you will lead implementation and ownership of the FRTB capital framework under both IMA and SA, support related requirements (e.g., SA CVA), and drive advanced analytics that inform regulatory submissions and senior management decision‑making. You’ll serve as a subject matter expert, translating evolving regulation into practical solutions while championing AI/LLM and enterprise data strategy to enhance market risk analytics, controls, and governance.
Job responsibilities
- Lead end‑to‑end FRTB implementation across Internal Models Approach (IMA) and Standardized Approach (SA), partnering with Quantitative Research (QR), Market Risk Technology, Regulatory Capital Management, Model Risk, Product Control, Capital Risk & Policy, and Business stakeholders.
- Design, develop, and own market risk capital analytics modules to support regulatory submissions, supervisory reviews, and senior management decisions.
- Run scenario analyses for proposed and evolving rules across desks, products, and legal entities, ensuring robustness, transparency, and auditability.
- Own and enhance capital calculation and attribution processes, documentation, controls, and governance.
- Translate regulatory and business requirements into scoped, prioritized deliverables; manage timelines, risks, and stakeholder communications.
- Produce, analyze, and explain capital results for regulatory and internal reporting; represent the firm in industry and regulatory forums when needed.
- Advance the adoption of AI/LLM and data product solutions to improve market risk analytics, automation, and strategic decision‑making.
Required qualifications, capabilities, and skills
- Advanced degree in Mathematics, Engineering, Economics, Computer Science, or related field; 3 or more years in Market Risk Capital, Market Risk Coverage, Valuation Control, or similar functions.
- Broad understanding of market risk concepts across asset classes and financial products.
- Strong quantitative, analytical, and problem‑solving skills for complex challenges.
- Track record delivering complex technical/analytical projects end‑to‑end with high‑quality outcomes.
- Excellent leadership, communication, and influencing skills; ability to present to senior stakeholders.
- Proven process and control mindset; self‑motivated, detail‑oriented, innovative; effective under tight deadlines.
- Strong stakeholder management; ability to translate end‑user needs into clear user, functional, and non‑functional specifications for development teams.
Preferred qualifications, capabilities, and skills
- Knowledge of quantitative finance, trading strategies, and financial regulations, particularly Basel III / FRTB.
- Experience independently delivering analytical or regulatory projects with senior stakeholder exposure.
- Hands‑on application of AI, LLM, or advanced data analytics to enhance risk analytics, automation, controls, or decision‑making.
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.
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.
Lead FRTB market risk capital with AI powered analytics; build regulator ready solutions with cross functional partners.
