JPMorgan Risk Management - Market Coverage Senior Associate 

United States, New York, New York 

629285473

As a Market Risk Manager within the Corporate Investment Banking Market Risk Management group, you will be an integral part of a leading-edge Risk Organization. Your role will involve identifying, monitoring, and quantifying the risks that our business faces. Collaborating with your team, you will devise innovative strategies to pinpoint potential threats and vulnerabilities in our risk profile, and challenge and escalate them as necessary.

As a member of the Counterparty Exposure Management Market Risk Coverage team, you will work closely with one of the largest Macro businesses in the industry. Your intellectual curiosity and keen interest in global financial markets will be utilized to focus on price fluctuations and events impacting the trading portfolio. Your primary objective will be to highlight top risks to the Trading business and the Market Risk management team. You will manage a wide range of products, and possessing a solid understanding of linear rates and FX products in G10 and/or Emerging markets, as well as knowledge of FX options business, will be advantageous. You will report directly to the Latin America head of Market Risk Coverage.

Job Responsibilities

• Perform daily monitoring and analysis of risk exposures and understanding the factors that drive the profits and loss affecting the trading portfolio. You can have influence over the whole global team with respect to the global project agenda.
• Advise and provide recommendations on trading limits and pre-trade approvals
• Escalate, working within the boundaries of your experience
• Identify top risks and communicate those risks to the trading business and the CEM Market Risk management team
• Develop a deep understanding of the wide-ranging suite of financial products traded by JP Morgan and the key risks associated with them
• Perform & understand the output from scenario analysis and stress testing: be able to articulate those results, as well as findings from ad-hoc regular risk analysis, into meaningful executive summaries
• Provide dealings with regulatory body of work on Market Risk related enquiries as well as having a good understanding of the legal entity footprint of the business in the Latam Countries, key to the franchise.

Required qualifications, capabilities, & skills

• Experience in the financial industry, preferably in Risk Management or Regulatory experience or Trading
• Experience managing teams
• Good quantitative and analytical background with extensive product knowledge and thorough understanding of risk managing linear rates and FX derivatives.
• Experience of using technology to drive improvement.
• An ability to take data and transform it into meaningful executive information, often using cutting edge technology such as LLM
• Effective stakeholder management, a history of working across different businesses and cultures.