Risk Management-Market Risk VaR & Capital Group - Analyst

JPMorgan Chase & Co.•New York, NY

2d•$100,000 - $120,000

About The Position

The Firmwide Market Risk VaR & Capital team is seeking an Analyst level professional to support the implementation, calculation, analysis, and reporting of Market Risk RWA. The Analyst will ensure that the existing Basel III and the future regulatory framework, i.e. Fundamental Review of the Trading Book (FRTB), are properly implemented and maintained at the Firm and Legal Entity levels. The individual is expected to understand the methodologies and inputs used for Value at Risk (VaR), Stress VaR, Incremental Risk Charge (IRC), Comprehensive Risk Measure (CRM), and Standardized Specific Risk. The team works closely with Capital Management on rule interpretation and interfaces with Market Risk Management, Market Risk Middle Office (MRMO), LOB business partners, Quantitative Research and other groups to manage the controls and explain the RWA measures.

Requirements

1-3 years’ experience in Finance, Risk Management, or related field
Must have strong working knowledge of derivative products across one or more asset classes
Strong analytical, critical thinking, and problem-solving skills with a mindset on process enhancement and improvements.
Comfortable handling large datasets; Strong Excel skills
Self-motivated team-player. Must possess the ability to research and resolve issues independently while working across teams to acquire needed information
Ability to multi-task, work well under pressure with commitment to deliver under tight deadlines.
Excellent written and verbal communication skills

Nice To Haves

advanced degree a plus
FRM certification a plus
knowledge of Basel Market Risk Rules a plus
Tableau & Alteryx experience a plus
working knowledge of Python a plus
willingness to learn new toolsets a plus

Responsibilities

Verify, analyze and explain the inputs and output of RWA calculations across multiple measures
Provide RWA for quarterly Regulatory Reporting, CCAR and Resolution & Recovery etc
Perform scenario and impact quantification analysis on methodology and rule changes
Implement and oversee end-to-end controls of the capital measures by partnering with key stakeholders
Identify operational risks and work towards streamlining and improving process efficiency, explain capabilities, and controls
Provide support as needed throughout the wider Market Risk organization on ad-hoc initiatives