At a Glance
- Tasks: Join JPMorgan Chase to manage market risk in e-trading and develop data analytics tools.
- Company: Be part of a leading global financial institution focused on responsible growth and innovation.
- Benefits: Enjoy a dynamic work environment with opportunities for collaboration across global teams.
- Why this job: Make an impact by solving real-world challenges in a culture that values creativity and excellence.
- Qualifications: Bachelor’s or Master’s degree in a quantitative field; strong communication and multitasking skills required.
- Other info: Work closely with diverse teams in London, Mumbai, New York, and Hong Kong.
The predicted salary is between 36000 - 60000 £ per year.
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 judgment 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 Risk E-Trading Risk Management – Associate in the Corporate and Investment Bank (CIB), you will be part of a global team focusing on Macro Markets (Rates, Commodities, and FX asset classes). Based in London, you will review the implementation of controls over e-trading activities, assess the usage of valuation and E-Trading models, and contribute to the development of data analytics tools on market liquidity. The Macro team is part of the wider global ETRM team, spread across London, Mumbai, New York, and Hong Kong.
Job responsibilities
- Define, identify, and set controls required for trading models and E-Trading activities.
- Collaborate with Market Risk Coverage teams, and partner closely with Trading, Business Control Management, Technology, Model Risk Governance & Review (MRGR), and Quantitative Research (QR) on risk appetite review and find effective solutions to business problems.
- Review model risk for valuation models and provide a model view of the risk, including for regulatory purposes; working with Trading, QR, and MRGR.
- Focus on liquidity analysis within analytics work, with additional project opportunities depending on proficiency in coding languages and interest in this area.
Required qualifications, capabilities, and skills
- Strong academic background with a Bachelor’s or Master’s degree, ideally in a quantitative and/or financial field.
- Relevant or related experience
- Good understanding of financial products, including modeling techniques.
- Excellent communication skills to manage a wide range of stakeholders.
- Ability to multi-task, balance multiple priorities, work under pressure, and manage tight deadlines.
- Strong sense of accountability and ownership, work independently, and diligently follow up on time-sensitive issues while balancing multiple projects with tight time constraints.
Preferred qualifications, capabilities, and skills
- Familiarity with several asset classes.
- Good understanding of computer programming languages and coding techniques, such as Python or R.
- Good understanding of Market Risk approaches, namely stress testing, scenario analysis, VaR, risk sensitivities, and limits.
- Experience with intra-day controls aimed at monitoring electronic trading.
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Market Risk E-Trading Risk Management– Associate employer: JPMorgan Chase & Co.
Contact Detail:
JPMorgan Chase & Co. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Market Risk E-Trading Risk Management– Associate
✨Tip Number 1
Familiarize yourself with the specific financial products and market risk concepts mentioned in the job description. Understanding terms like VaR, stress testing, and liquidity analysis will help you speak confidently about your knowledge during interviews.
✨Tip Number 2
Network with professionals in the field of Market Risk and E-Trading. Attend industry events or webinars to connect with people who work at JPMorgan Chase or similar firms. This can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your coding skills, especially in Python or R, as these are crucial for the role. Consider working on personal projects or contributing to open-source projects that involve data analytics or financial modeling to showcase your abilities.
✨Tip Number 4
Prepare to discuss how you've handled tight deadlines and multiple priorities in past experiences. Use the STAR method (Situation, Task, Action, Result) to structure your responses, demonstrating your ability to manage pressure effectively.
We think you need these skills to ace Market Risk E-Trading Risk Management– Associate
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Market Risk E-Trading Risk Management Associate position. Familiarize yourself with the key concepts mentioned in the job description, such as e-trading activities, liquidity analysis, and risk management.
Tailor Your CV: Customize your CV to highlight relevant experience and skills that align with the job description. Emphasize your academic background in quantitative or financial fields, and any experience you have with financial products, coding languages, and risk management techniques.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your passion for risk management and your understanding of the financial industry. Use specific examples from your past experiences to demonstrate how you can contribute to JPMorgan Chase's goals and culture.
Highlight Communication Skills: Since excellent communication skills are crucial for this role, ensure that your application reflects your ability to manage stakeholders effectively. Provide examples of how you've successfully communicated complex information in previous roles or projects.
How to prepare for a job interview at JPMorgan Chase & Co.
✨Showcase Your Quantitative Skills
Make sure to highlight your academic background and any relevant experience in quantitative fields. Be prepared to discuss specific modeling techniques you've used and how they apply to market risk management.
✨Demonstrate Your Understanding of Financial Products
Familiarize yourself with various financial products, especially those related to Macro Markets like Rates, Commodities, and FX. Be ready to explain how these products work and the risks associated with them.
✨Communicate Effectively
Since the role involves collaboration with multiple stakeholders, practice articulating complex ideas clearly and concisely. Prepare examples of how you've successfully communicated with diverse teams in the past.
✨Prepare for Technical Questions
Brush up on your knowledge of coding languages such as Python or R, as well as market risk approaches like stress testing and VaR. Expect technical questions that assess your problem-solving skills in real-world scenarios.