Job Description
Full Job Description
Job Title
Corporate Risk - Risk Reporting - Associate
Posting description
Legal Entity Risk Reporting is responsible for providing data and analytical reporting to regional and local Chief Risk Officers, regulators and Senior Management. There is a critical need to focus on ensuring, risk reporting is comprehensive, timely, and accurate so that all levels of risk management can use it to understand and manage the business in a timely and effective manner.
The role is based in Bengaluru and will be focus towards Market Risk Reporting and provide support in market risk management. Market Risk Reporting is responsible for analyzing, reporting, and controlling the market risk exposure across all LOB's for all Legal Entities in APAC. Examples of the group's work include the production of risk reports used by the senior management and Legal Entity Market Risk to monitor the bank's overall risk profiles. The Regulatory Market Risk Reporting associate will also become familiar with the various risk measures used to understand the risk profile of various LoBs, specifically Value at Risk (VAR) and Stress Testing. It is expected that the associate will further develop technical skills in Excel and Access to succeed in the role.
Job Responsibilities
Understand key risk measures such as Greeks, PVBP, VaR, Stress Testing, & Drawdown, and explain material risk moves
Produce and distribute daily/weekly/monthly risk reports to the trading desks, risk managers, and senior management. Monitor the business trading limits, maintain limit framework, and escalate limit breaches to risk managers
Support production of weekly stress results for various lines of businesses and make stress adjustments in the system if necessary
Provide timely, accurate, and meaningful risk information to risk managers by maintaining high data quality in the reporting system and utilizing system tools to control the accuracy of report results
Provide support to risk managers for ad hoc analysis and projects such as implementing new methodology, capturing missing risks, and improving the risk reports
Develop working relationships with the internal parties such as Market Risk Coverage, Market Risk Technology, Finance and Middle Office. Attain extensive working knowledge of the risk reporting systems and market risk stress and VaR infrastructure.
Required qualifications, capabilities, and skills
At least 4 years experience in the financial industry preferred. Proficiency using Microsoft products including Excel, VBA and Business intelligence tools like Alteryx, Tableau and scripting language like Python
Proficiency using Bloomberg, Reuters and other market data tools is required
Ability to work and solve problems independently, and be able to work in a fast paced, deadline oriented environment. Attention to detail
Strong organization and processing skills. Good written and verbal communication skills
Ability to improve current processes and achieve efficiencies
Team player who can interact at ease with colleagues of various levels. Bachelors degree required
Preferred qualifications, capabilities, and skills
CFA or FRM certification is a plus
Self-motivated, and comfortable working with large amounts of data
Knowledge of market risk metrics and financial products a plus
JPMorgan Chase & Co., 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 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, ****** orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
Job Title
Corporate Risk - Risk Reporting - Associate
Posting description
Legal Entity Risk Reporting is responsible for providing data and analytical reporting to regional and local Chief Risk Officers, regulators and Senior Management. There is a critical need to focus on ensuring, risk reporting is comprehensive, timely, and accurate so that all levels of risk management can use it to understand and manage the business in a timely and effective manner.
The role is based in Bengaluru and will be focus towards Market Risk Reporting and provide support in market risk management. Market Risk Reporting is responsible for analyzing, reporting, and controlling the market risk exposure across all LOB's for all Legal Entities in APAC. Examples of the group's work include the production of risk reports used by the senior management and Legal Entity Market Risk to monitor the bank's overall risk profiles. The Regulatory Market Risk Reporting associate will also become familiar with the various risk measures used to understand the risk profile of various LoBs, specifically Value at Risk (VAR) and Stress Testing. It is expected that the associate will further develop technical skills in Excel and Access to succeed in the role.
Job Responsibilities
Understand key risk measures such as Greeks, PVBP, VaR, Stress Testing, & Drawdown, and explain material risk moves
Produce and distribute daily/weekly/monthly risk reports to the trading desks, risk managers, and senior management. Monitor the business trading limits, maintain limit framework, and escalate limit breaches to risk managers
Support production of weekly stress results for various lines of businesses and make stress adjustments in the system if necessary
Provide timely, accurate, and meaningful risk information to risk managers by maintaining high data quality in the reporting system and utilizing system tools to control the accuracy of report results
Provide support to risk managers for ad hoc analysis and projects such as implementing new methodology, capturing missing risks, and improving the risk reports
Develop working relationships with the internal parties such as Market Risk Coverage, Market Risk Technology, Finance and Middle Office. Attain extensive working knowledge of the risk reporting systems and market risk stress and VaR infrastructure.
Required qualifications, capabilities, and skills
At least 4 years experience in the financial industry preferred. Proficiency using Microsoft products including Excel, VBA and Business intelligence tools like Alteryx, Tableau and scripting language like Python
Proficiency using Bloomberg, Reuters and other market data tools is required
Ability to work and solve problems independently, and be able to work in a fast paced, deadline oriented environment. Attention to detail
Strong organization and processing skills. Good written and verbal communication skills
Ability to improve current processes and achieve efficiencies
Team player who can interact at ease with colleagues of various levels. Bachelors degree required
Preferred qualifications, capabilities, and skills
CFA or FRM certification is a plus
Self-motivated, and comfortable working with large amounts of data
Knowledge of market risk metrics and financial products a plus
JPMorgan Chase & Co., 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 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, ****** orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
💡 Quick Summary
Seeking a career-building opportunity? The Corporate Risk | Legal Entity Risk Reporting | Associate position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.