At a Glance
- Tasks: Analyse portfolios and provide risk advisory to support trading decisions.
- Company: Join JPMorgan Chase, a leader in financial services with a strong culture of innovation.
- Benefits: Competitive salary, professional development, and opportunities for career growth.
- Why this job: Make a real impact in risk management while collaborating with diverse teams.
- Qualifications: Bachelor's degree and strong analytical skills required; Python knowledge preferred.
- Other info: Dynamic role with exposure to global markets and innovative risk solutions.
The predicted salary is between 36000 - 60000 £ per year.
As an Associate in the Fixed Income Financing Market Risk team based in London, you will work closely with the trading desk to perform portfolio analysis, provide risk advisory to facilitate risk/return decisions as well as work with stakeholders globally and locally to ensure that market risk profile is transparent to senior management and regulators. You will be able to use a wide variety of trading analysis tools to monitor risk exposures and understand the factors that affect the trading portfolio and profits and loss of the business. You will have regular dialogue with many of our business partners throughout the Corporate and Investment Bank, including the Front office, with discussions on risk appetite, limits, and individual large and complex transaction details.
Are you ready to make a meaningful impact in risk management? As part of Market Risk Management, you partner with trading and business lines to ensure risk positions are identified, measured, and controlled. You are at the center of keeping JPMorgan Chase strong and resilient, helping the firm grow responsibly by anticipating new and emerging risks. You use your expert judgment to solve real-world challenges that affect our company, customers, and communities. Our culture empowers you to think outside the box, challenge the status quo, and strive to be best-in-class.
Responsibilities- Build an enhanced risk monitoring framework to effectively monitor and manage the expanding business footprint for Fixed Income Financing globally, with a special emphasis on the businesses based in EMEA Markets.
- Develop an understanding of various products traded and their key risks, including repurchase agreements on all Fixed Income products (government, corporate, mortgage bonds), Interest Rate Swaps, futures market and basis risks.
- Provide innovative solutions to identify threats and weaknesses in the risk profile, proactively bringing these to the attention of the trading business and Market Risk team to enhance transparency on strategies, position concentrations, and market impact.
- Understand the factors that drive the risk and Profit & Loss on the books, follow market movement affecting positions and limits, highlight top risks and discuss risk changes.
- Perform regular risk and scenario analyses into various risk themes, and communicate findings.
- Review and approve large and complex transactions, challenging the trading business to ensure appropriate constraints and controls in place.
- Facilitate reports for weekly risk meetings with the desk and provide commentary.
- Interact extensively with QR, technology, middle office and market risk reporting teams to ensure accurate risk capture, demonstrating due diligence and attention to detail.
- Bachelor's Degree required
- Analytical and logical thinker with the ability to understand quantitative concepts relating to risk sensitivity, Profit & Loss explanation, Value at Risk (VaR) and stress scenario results
- Good understanding of the macroeconomic landscape and strong interest in following the markets
- A strong team player with excellent interpersonal and communication skills
- Ability to collaborate with a wide variety of teams including Trading and control groups
- Deep sense of accountability and able to work independently with limited supervision
- Ability to innovate, think out of the box and make clear recommendations
- Fluency in English with excellent written and spoken communication skills
- Proficiency in Microsoft Office (Excel, Word, PowerPoint)
- Working knowledge of Python or Tableau programming
Market Risk Coverage Associate Fixed Income Financing Associate in Westminster employer: Jpmorgan Chase & Co.
Contact Detail:
Jpmorgan Chase & Co. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Market Risk Coverage Associate Fixed Income Financing Associate in Westminster
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at JPMorgan Chase. A friendly chat can open doors and give you insights that might just set you apart from the competition.
✨Tip Number 2
Prepare for interviews by diving deep into market risk concepts and current trends. Show us you’re not just a candidate, but someone who’s genuinely passionate about the field and ready to tackle real-world challenges.
✨Tip Number 3
Practice your communication skills! You’ll need to explain complex ideas clearly, so try mock interviews with friends or mentors. The better you can articulate your thoughts, the more confident you’ll feel during the real deal.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you’re serious about joining our team and making an impact in risk management.
We think you need these skills to ace Market Risk Coverage Associate Fixed Income Financing Associate in Westminster
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Market Risk Coverage Associate role. Highlight relevant experience and skills that match the job description, especially your analytical abilities and understanding of risk management.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're passionate about risk management and how your background makes you a great fit for our team. Use specific examples to demonstrate your problem-solving skills and ability to work with trading desks.
Showcase Your Technical Skills: If you've got experience with tools like Python or Tableau, make sure to mention it! We love candidates who can bring technical expertise to the table, especially when it comes to analysing risk and P&L.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people!
How to prepare for a job interview at Jpmorgan Chase & Co.
✨Know Your Risk Metrics
Make sure you brush up on key risk metrics like Value at Risk (VaR) and stress testing scenarios. Being able to discuss these concepts confidently will show that you understand the core responsibilities of the role and can contribute meaningfully from day one.
✨Understand the Products
Familiarise yourself with the various fixed income products mentioned in the job description, such as repurchase agreements and interest rate swaps. Being able to articulate their risks and how they impact the trading portfolio will impress your interviewers.
✨Showcase Your Analytical Skills
Prepare to discuss past experiences where you've used analytical thinking to solve problems or improve processes. Highlight any specific tools or methodologies you've used, especially if they relate to risk analysis or financial modelling.
✨Engage with Current Market Trends
Stay updated on current market trends and macroeconomic factors that could affect fixed income financing. Being able to discuss recent developments and their implications will demonstrate your genuine interest in the field and your proactive approach to risk management.