Market Risk - Vice President

JPMorgan Chase

  • Singapore
  • Permanent
  • Full-time
  • 1 month ago
Job Description: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. We also take great pride in on our commitment to operating with integrity and discipline in all that we do. If you are a team player, are solutions-oriented and have an appetite for learning, you'll be a great fit for our team.Job Summary
The Chief Investment Office and Corporate Treasury business (CTC) is a global business and cross asset-class manager for the Firm's structural interest rate and foreign exchange risk, and invests the Firm's capital opportunistically across various market sectors in compliance with local and global regulatory requirements.The CTC Market Risk Team in Asia supports Portfolio Managers across 13 locations in Asia covering both Developed Markets & Emerging Markets, to facilitate efficient risk/return decisions, reduce volatility in operating performance and ensure that the business market risk profile is transparent to senior management, the Board of Directors and regulators. Products include securities, FX and interest rate derivatives and other money-market instruments.Job ResponsibilitiesResponsibilities include, but are not limited to
  • Develop expertise in fixed income market and CTC's corresponding portfolios; produce bespoke analytics and apply research topics to the investment portfolio, pre-trade investment reviews and limit updates
  • Highlight and discuss risk changes and top risks; present deep dives to CTC Risk colleagues and senior risk management
  • Monitor and report market risk and limits independently with the aim to ensure data accuracy and identify material risk exposures and concentrations. Due diligence and attention to detail is critical
  • Lead technology initiatives to enhance capabilities and streamline infrastructure in daily risk reports, and VaR and Stress analysis tools
  • Improve risk transparency, methodologies and reports by collaborating with quantitative teams on model results and implementation such as Quantitative Research (QR) and Model Review Group (MRG)
  • Contribute to CTC Risk standards and best practices by collaborating with other risk groups; represent CTC Market Risk in various related initiatives and ensure timely delivery of projects
  • Respond to urgent ad-hoc requests from senior risk management
Required qualifications, capabilities, and skillsIf you meet the minimum requirements below, you are encouraged to apply to be considered for this role.
  • Bachelor's Degree in Finance, Economics or other related disciplines
  • 8 plus years of experience in risk management and/or fixed income / securitized products. Prior experience in market risk is preferred
  • Strong quantitative and analytical background with existing knowledge of financial markets and interest rate, FX & credit products in general; able to analyze a portfolio and produce reviews highlighting key risks
  • Understanding of the governance and controls surrounding risk monitoring including, VaR, stress testing, various return measures and experience with stress construction
  • Excellent written and spoken communication skills with ability to explain technical concepts in practical terms; must be able to converse with a wide variety of groups
  • Demonstrated ability to work effectively and independently across different businesses and functional areas with thorough attention to detail in a high pressure environment
  • Ability to challenge the portfolio manager's market positions and views and help assess the best allocation of risk and capital to various positions and businesses
  • Self-motivated, diligent, strong sense of accountability and good at following up on issues
  • Strong technical skills in Excel/VBA/Bloomberg; ability to learn how to use core business and risk systems is an advantage
Preferred qualifications, capabilities, and skills
  • Professional qualification such as CFA or FRM is a plus
About Us: 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.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 for more information about requesting an accommodation.About the Team: Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.

JPMorgan Chase