What are the responsibilities and job description for the Risk Management - Asset Wealth - Market Risk Coverage, Analyst position at JPMorgan Chase?
Wealth Management (WM) Investment Risk & Analytics (IR&A) is responsible for the risk oversight of the Managed Strategies from end to end across the Wealth Management (WM) Private Bank and Consumer Bank businesses. Managed Strategies included JPMorgan’s own proprietary products and third-party funds which may include registered funds, exchange traded notes (ETNs), exchange traded funds (ETFs), separately managed accounts, hedge funds, and private equity and real estate funds, etc. We cover investments from product onboarding, to ongoing governance and oversight and proactively oversee risks arising from the management of over $1 trillion in Assets Under Management (AUM). This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.
Job summary
As an Investment Risk & Analytics Analyst in the Wealth Management (WM) Investment Risk & Analytics (IR&A) team, you will be responsible for the risk oversight of Managed Strategies across the Wealth Management (WM’s) Private Bank and Consumer Bank businesses.
Job responsibilities:
- Identify risk issues in the business and assess risk in investment activities, recommend risk mitigation strategies and escalate issues / concerns to senior management.
- Engage with Business and Due Diligence partners to communicate risk issues related to investment products.
- Aid in performing Investments-related deep dives and other ad hoc projects
- Learn about industry-specific sustainability issues, trends, and best practices to maintain and enhance our review of business activities in sustainable investing.
- Represent Risk in working groups and/or meetings and review key risk issues, as appropriate
- Work across different risk functions, including the controls team and policy governance team to ensure documentation related to investment risk strategies are in line with firm wide initiatives, as well as audit and regulatory compliant.
Required qualifications, capabilities, and skills
- Bachelor's degree or equivalent in Finance, Engineering or similar fields.
- 2 years experience in Financial Services
- Excellent communication skills with the ability to articulate complex concepts effectively
- Have experience with investment products including Alternatives, Fixed income, Equity, and Mutual funds
Preferred qualifications, capabilities, and skills
- Master's degree in Finance, CFA
- Are inquisitive, with knowledge of data visualization tools (ex. Tableau) or programming (ex. VBA, Python)
