Job Description
Firmwide Market Risk - Market Risk Basel Group - Analytics - Associate
Mumba
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.
Our culture in Risk Management and Compliance is all about thinking outside the box challenging the status quo and striving to be best-in-class.
• Key Responsibilities
• Design, build and maintain next generation of Market Risk analytics modules for explaining FRTB Standardized Approach (SA) and Internal Model Approach (IMA) capital
• Analyze and explain market risk capital movements over time and across SA and IMA by leveraging existing analytics as well as by building new tools in Python
• Lead the implementation discussions for firm's strategic FRTB build by partnering with Quant and Tech teams.
• Own strategic and tactical capital estimation processes for firm's FRTB strategy discussions as well as for regulatory capital submissions
• Understand and validate the appropriateness of capital models and capital generation processes
• Execute market risk capital scenarios for proposed FRTB rules across all inscope desks & products and select legal entities within the Firm
• Minimum Skills, Experience and Qualifications
• Advanced degree (MSc, B.Tech or equivalent) in Engineering, Mathematics, Physics, Computer Science, etc.
• Strong expertise in Python.
• Proficiency in data structures, standard algorithms and object oriented design
• Basic understanding of products across asset classes Credit, Rates, Equities, Commodities & FX
• Basic understanding of products across asset classes Credit, Rates, Equities, Commodities & FX
• Strong quantitative and problemsolving skills
• Ability to multitask and balance multiple priorities, work under pressure and manage tight deadlines.
• Selfmotivated, demonstrate initiative, innovation, and solid problem solving skills. Confidence to drive issues through to completion often working to tight deadlines.
• Excellent written and verbal communications skills and a strong track record of partnership
• Strong process and control mindset
Additional Skills, Experience and Qualifications
• Knowledge of options pricing theory, trading algorithms or financial regulations
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
Mumba
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.
Our culture in Risk Management and Compliance is all about thinking outside the box challenging the status quo and striving to be best-in-class.
• Key Responsibilities
• Design, build and maintain next generation of Market Risk analytics modules for explaining FRTB Standardized Approach (SA) and Internal Model Approach (IMA) capital
• Analyze and explain market risk capital movements over time and across SA and IMA by leveraging existing analytics as well as by building new tools in Python
• Lead the implementation discussions for firm's strategic FRTB build by partnering with Quant and Tech teams.
• Own strategic and tactical capital estimation processes for firm's FRTB strategy discussions as well as for regulatory capital submissions
• Understand and validate the appropriateness of capital models and capital generation processes
• Execute market risk capital scenarios for proposed FRTB rules across all inscope desks & products and select legal entities within the Firm
• Minimum Skills, Experience and Qualifications
• Advanced degree (MSc, B.Tech or equivalent) in Engineering, Mathematics, Physics, Computer Science, etc.
• Strong expertise in Python.
• Proficiency in data structures, standard algorithms and object oriented design
• Basic understanding of products across asset classes Credit, Rates, Equities, Commodities & FX
• Basic understanding of products across asset classes Credit, Rates, Equities, Commodities & FX
• Strong quantitative and problemsolving skills
• Ability to multitask and balance multiple priorities, work under pressure and manage tight deadlines.
• Selfmotivated, demonstrate initiative, innovation, and solid problem solving skills. Confidence to drive issues through to completion often working to tight deadlines.
• Excellent written and verbal communications skills and a strong track record of partnership
• Strong process and control mindset
Additional Skills, Experience and Qualifications
• Knowledge of options pricing theory, trading algorithms or financial regulations
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 Market Risk Frtb Associate position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai 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.
