Risk Management [Multiple Positions Available]

JPMorgan Chase & Co.•New York, NY

8h•$160,000 - $210,000•Onsite

About The Position

This role involves analyzing the impact of macroeconomic market trends on the municipal bonds market and market risk using statistical metrics. Key responsibilities include conducting quarterly and annual stress testing, reviewing results with senior management, performing pre-trade governance scenario analysis, and monitoring market risk metrics daily. The position also requires quantitative and qualitative analysis of structured products and hedges, providing risk metrics and P&L impact analysis during stressed market conditions, automating analysis, creating dashboards, analyzing hedging strategies, and preparing for regulatory inquiries.

Requirements

Master's degree in Financial Engineering, Quantitative Finance, Economics, Statistics, or related field of study plus two (2) years of experience in the job offered or as Risk Management, Research Associate, Quantitative Analyst, Financial Consultant, or related occupation.
Alternatively, a Bachelor's degree in Financial Engineering, Quantitative Finance, Economics, Statistics, or related field of study plus four (4) years of experience in the job offered or as Risk Management, Research Associate, Quantitative Analyst, Financial Consultant, or related occupation.
Two (2) years of experience conducting statistical learning and time series analysis using Python, including regression and tree-based models, feature engineering, parameter selection, and cross-validation.
Two (2) years of experience automating business-as-usual processes, such as summarizing risk changes or trading P&L attributions, using Python libraries including pandas and numpy.
Two (2) years of experience performing scenario analysis and stress testing for key risk metrics including interest rate risk and value at risk using Python.
Two (2) years of experience creating interactive dashboards of risk data, trading volume, and economic indicators using Python.
Two (2) years of experience performing stress tests on various fixed income derivative products.
Two (2) years of experience calculating market risk metrics including value at risk and Greeks using Excel and Python.
One (1) year of experience analyzing market movement using Bloomberg functions including ECO, GC, QR, CDRA, and YAS.

Responsibilities

Analyze the impact of current macroeconomic market trends on the municipal bonds market and market risk using statistical metrics.
Conduct quarterly and annual stress testing for internal and Federal Reserve-defined scenarios, cross-check and validate testing results, and review results with senior management for sign-off.
Perform pre-trade governance scenario analysis on large auctions and portfolio trades to ensure that market risk limits are appropriate and communicate findings with internal partners.
Monitor market risk metrics daily, ensuring accuracy in collaboration with technology and quantitative research teams.
Perform quantitative and qualitative analysis on structured products and hedges.
Provide risk metrics and expected P&L impact on various products and inventories during stressed market conditions, and review with senior management.
Automate daily, weekly and monthly analysis and create dashboards for dynamic views.
Analyze the appropriateness of hedging strategies.
Prepare for regulatory inquiries and responses.