What are the responsibilities and job description for the Risk Management - Market Risk Middle Office - Associate position at JPMorganChase?
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 an Associate in the Risk Management - Market Risk Middle Office, you will engage in regular interactions with Market Risk Management, Product Control, Middle Offices, Market Risk Reporting, Regulatory Reporting, and Technology teams across various business lines. Your role will not only support the Business As Usual (BAU) Production process but also involve you in numerous improvement initiatives such as automation, system migrations, and procedure documentation, all aimed at enhancing various Risk processes. You will also participate in significant projects within and outside the group, including the implementation of new regulatory requirements and improvements to the market risk infrastructure.
Job Responsibilities
- Perform control processes in support of various risk processes, primarily FSI Stress, Volcker, and Default Exposure measures
- Understanding the end to end data flow, and how inputs upstream and the interpretation of the data within the market risk infrastructure contribute as drivers of variances in respective risk measures.
- Serve as a relationship manager responsible for tracking and communicating issues relative to assigned lines of business.
- Focus on controls, as well as the ability to forge partnerships across functions.
- Assist in the identification and remediation of control gaps.
- Work on other special projects.
Required qualifications, skills and capabilities
- 3 plus years’ experience working within a financial/risk/professional environment
- Strong knowledge of financial markets
- Control mindset
- Excellent verbal and written communication skills, with the ability to create and present training materials.
- Strong interpersonal skills; ability to develop effective credible relationships with the business and functional partners
- Superior analytical abilities
- Interacts effectively with peers and senior management
- Process-oriented with focus on continuous streamlining/improvement
- Strong working knowledge of MS Office Suite
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans
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