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Bring your expertise to JPMorgan Chase. 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.
As a Market RiskAverage Daily Traded Volume Analyst (ADTV) data is fed into our in-house Gross Market Concentration (GMC) risk and Strategic Stress liquidity add-on calculations. GMC is a limit framework used by the firm’s Credit Officers to approve trades and manage concentrated positions at the counterparty level versus the size of the traded market (ADTV). The team works closely with internal stakeholders to ensure any data quality issue is remediated in a timely manner for accurate risk computation. We are also responsible for onboarding new ADTV sources which would enhance accuracy in concentration risk calculation and reporting.
Job Responsibilities
- Analyze ADTV time series data used for concentration risk and liquidity add-on calculations across several asset classes;
- Review statistical methods and visualization tools to identify trends and patterns, anomalies and spurious data like spikes and gaps, to ensure data quality and integrity;
- Perform regular validations, and prepare reports and visualizations to communicate findings and remedial action to stakeholders;
- Interpret data, analyze results, and summarize complex data into understandable and actionable insights for decision-makers;
- Define data quality metrics and produce KPI reports for control functions and senior management;
- Onboard new ADTV sources to ensure accurate risk measurement;
- Participate in projects relating to control issues/enhancements for ADTV data quality, accuracy and completeness;
- Partner with Market Risk and Credit Risk technology teams to provide requirements for various data sourcing and remediation projects;
- Facilitate periodic audit processes to ensure compliance with regulatory bodies.
Required Qualifications, Skills and Capabilities
- Advanced degree in Financial Engineering, Statistics, or related quantitative field;
- Proficiency in Microsoft Excel, using advanced formulas, pivot tables, etc.;
- Experience with Python, in particular Pandas and Numpy, for data analysis;
- Knowledge of financial instruments and Market Risk concepts;
- Strong analytical skills with a keen attention to detail;
- Experience in analyzing large and unstructured datasets;
- A robust control mindset to identify gaps in data production and data control processes;
- Ability to independently problem solve and take ownership for delivery;
- Ability to think critically and adapt to rapidly changing requirements;
- Excellent verbal/written communication and presentation skills;
- Proficiency in both technical and procedural documentation;
Preferred Qualifications, Capabilities, and Skills
- Strategic and creative thinker when faced with problems and opportunities;
- Ability to understand business processes and their risk implications, analyze complex situations, reach appropriate conclusions, and make feasible recommendations;
- Qualifications like CFA/FRM are an added advantage.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAM
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
