Market Risk E-Trading Risk Management Associate/ Vice President
J.P. Morgan
Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. You will be part of a team focusing on Macro Markets (Rates, Commodities and FX asset classes) where you will build up an in-depth knowledge of JPMCs proprietary E-Trading algorithms. As well as being responsible for ensuing appropriate controls are in place, you will be uniquely positioned and encouraged to develop large data set analytics using the latest tools and techniques.
As a Market Risk E-Trading Risk Management Associate/ Vice President In MArket Risk team, you will be part of a team that encompasses E-Trading, Analytics for Macro Markets, within the Corporate and Investment Bank (CIB). You will be responsible for E-Trading controls implementation and review, usage and reporting of valuation and E-Trading models, as well as the development of data analytics within ETRM. The Macro team is part of the wider global ETRM team, spread across London, New York and Hong Kong.
Job responsibilities:
• Work closely with QTR (Quantitative Trading Research) and FO Technology to define, identify and set controls required for the firms E-Trading Activities (including trading and algo models)
• Collaborate with Market Risk Coverage teams and partner closely with Trading, Business Control Management, Technology, and QTR (Quantitative Trading Research) on risk appetite review
• Provide insights into market microstructure including liquidity and market impact analysis for Risk and Business, using advanced data science techniques on a global cross asset basis
• Provide ad-hoc analysis for calibration of the controls (e.g using data techniques based on realised intraday volatility using Python and KDB)
• Provide weekly and periodic risk and P&L review of E-Trading activities, quaterly idiosyncratic stresses on e-trading activities
Required qualifications, capabilities, and skills:
• Strong academic background with a Bachelor’s or Master’s degree, ideally in a quantitative and/or financial field
• Good understanding of financial products and macro markets
• Excellent communication skills to be able to manage a wide range of stakeholders
• Ability to multi-task and balance multiple priorities, work under pressure and manage tight deadlines
• Strong sense of accountability and ownership, work independently and diligent when following up on time sensitive issues and balance multiple projects with tight time constraints
Preferred qualifications, capabilities, and skills
• Familiarity with several asset classes
• Good understanding of computer programming languages and coding techniques, such as Python or R
• Good understanding of Market Risk approaches, namely stress testing, scenario analysis, VaR, risk sensitivities, limits
• Experience with intra-day controls aimed to monitor electronic trading
• Familiarity with execution algos
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 the global team managing risk for the fast-growing Global Electronic-Trading business within the Corporate and Investment Bank.
