At a Glance
- Tasks: Lead risk management strategies and support investment decisions in a dynamic financial environment.
- Company: Join JPMorgan Chase, a leader in financial services with a commitment to innovation.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Collaborative culture focused on challenging the status quo and continuous improvement.
- Why this job: Make a real impact by managing market risks and driving strategic decisions.
- Qualifications: Experience in risk management and strong analytical skills required.
The predicted salary is between 80000 - 100000 £ per year.
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.
Chief Investment Office, Treasury and Corporate (CTC) Risk manages the risk of the retained portfolio generated from the Chief Investment Office (CIO), Global Treasury, and other Corporate businesses (Firm-wide Pension Plan, Insurance programs, and Mortgage Servicing Rights). As a Market Risk Vice President in the Chief Investment Office and Corporate Treasury business team, you will support Portfolio Managers 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.
Job Responsibilities
- 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 market risk positions - with the aim to identify material risk exposures and concentrations.
- Synthesize top-of-mind research topics relevant to the investment portfolios into analysis and special reports.
- Analyze macroeconomic variables and understand the impact to financial projections.
- Evaluate and implement updates to financial models used in market risk management, including challenges to proposed methodology, performing impact assessments, and coordinating model implementation timelines.
- Push efficiencies and process improvements and be involved in driving technology initiatives.
- Improve risk transparency, methodologies and reports by collaborating with quantitative teams on model results and implementations 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 skills
- Extensive experience in risk management and/or fixed income/securitized products.
- Understanding of fixed income markets with a particular focus on Rates and FX.
- 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.
- Excellent academic record and an undergraduate degree are required.
Market Risk Vice President employer: Jpmorgan Chase & Co.
JPMorgan Chase is an exceptional employer that fosters a dynamic and innovative work culture within its Risk Management and Compliance division. As a Market Risk Vice President, you will benefit from extensive professional development opportunities, collaborate with top-tier talent, and engage in meaningful work that directly impacts the firm's resilience and growth. Located in a vibrant financial hub, our commitment to diversity, inclusion, and employee well-being ensures a supportive environment where your contributions are valued and recognised.
StudySmarter Expert Advice🤫
We think this is how you could land Market Risk Vice President
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Jpmorgan Chase & Co.. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Market Risk Vice President
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Jpmorgan Chase & Co..
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Jpmorgan Chase & Co.'s website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Jpmorgan Chase & Co.
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Jpmorgan Chase & Co..
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Jpmorgan Chase & Co. will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Jpmorgan Chase & Co. employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
