Market Risk Coverage Associate Fixed Income Financing Associate
Aumni
Are you ready to make a meaningful impact in risk management? As part of Market Risk Management, you partner with trading and business lines to ensure risk positions are identified, measured, and controlled. You are at the center of keeping JPMorgan Chase strong and resilient, helping the firm grow responsibly by anticipating new and emerging risks. You use your expert judgment to solve real-world challenges that affect our company, customers, and communities. Our culture empowers you to think outside the box, challenge the status quo, and strive to be best-in-class.
As an Associate in the Fixed Income Financing Market Risk team based in London, you will work closely with the trading desk to perform portfolio analysis, provide risk advisory to facilitate risk/return decisions as well as work with stakeholders globally and locally to ensure that market risk profile is transparent to senior management and regulators. You will be able to use a wide variety of trading analysis tools to monitor risk exposures and understand the factors that affects the trading portfolio and profits and loss of the business. You will have regular dialogue with many of our business partners throughout the Corporate and Investment Bank, including the Front office, with discussions on risk appetite, limits, and individual large and complex transaction details.
Job Responsibilities
- Build an enhanced risk monitoring framework to effectively monitor and manage the expanding business footprint for Fixed Income Financing globally, with a special emphasis on the businesses based in EMEA Markets.
- Develop an understanding of various products traded and their key risks, including repurchase agreements on all Fixed Income products (government, corporate, mortgage bonds), Interest Rate Swaps, futures market and basis risks.
- Provide innovative solutions to identify threats and weaknesses in the risk profile, proactively bringing these to the attention of the trading business and Market Risk team to enhance transparency on strategies, position concentrations, and market impact.
- Understand the factors that drive the risk and Profit & Loss on the books, follow market movement affecting positions and limits, highlight top risks and discuss risk changes.
- Perform regular risk and scenario analyses into various risk themes, and communicate findings.
- Review and approve large and complex transactions, challenging the trading business to ensure appropriate constraints and controls in place.
- Facilitate reports for weekly risk meetings with the desk and provide commentary.
- Interact extensively with QR, technology, middle office and market risk reporting teams to ensure accurate risk capture, demonstrating due diligence and attention to detail.
Required qualifications, capabilities, and skills
- Bachelor’s Degree required
- Analytical and logical thinker with the ability to understand quantitative concepts relating to risk sensitivity, Profit & Loss explanation, Value at Risk (VaR) and stress scenario results
- Good understanding of the macroeconomic landscape and strong interest in following the markets
- A strong team player with excellent interpersonal and communication skills
- Ability to collaborate with a wide variety of teams including Trading and control groups
- Deep sense of accountability and able to work independently with limited supervision
- Ability to innovate, think out of the box and make clear recommendations
- Fluency in English with excellent written and spoken communication skills
Preferred qualifications, capabilities, and skills
- Proficiency in Microsoft Office (Excel, Word, PowerPoint)
- Working knowledge of Python or Tableau programming
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.
Join us in Market Risk Management, partnering with Trading to identify, measure and control risk while driving independent oversight.