At a Glance
- Tasks: Analyse market risk exposure and produce insightful reports for senior management.
- Company: Join a leading firm in Corporate Risk Management with a focus on innovation.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Make a real impact by solving challenges that affect the company and its customers.
- Qualifications: Bachelor's degree and analytical mindset; experience in risk or financial reporting preferred.
- Other info: Collaborative culture with opportunities to challenge the status quo and grow your career.
The predicted salary is between 36000 - 60000 £ per year.
Join Firmwide Risk Reporting and Middle Office (RRMO), a group within Corporate Risk Management that produces internal and external reporting and analysis used to manage risk through changing market conditions, supports regulatory requirements regarding Data Aggregation and Risk Reporting, and executes controls to measure the quality of risk data.
The Market Risk Reporting team is responsible for providing complete, timely, accurate, and useful data on the market risk generated by the Firm's wholesale lines of businesses. Our key stakeholders include the Firmwide Chief Risk Officer, Chief Financial Officer, senior Market Risk Management, Investor Relations, SEC Reporting, Finance, and Regulatory Reporting.
As an Analyst within Risk Management and Compliance team, you will 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.
We are looking for an experienced and enthusiastic individual for this analytical role that requires the ability to have a conceptual conversation with our stakeholders and turn that into a high-quality end-product. The right candidate must understand and challenge the numbers and be able to tell the story behind them.
Job Responsibilities:
- Perform portfolio analysis of the firm's Market Risk exposure in support of daily and monthly reporting to senior risk management.
- Assist in the production of periodic reports for internal stakeholders.
- Contribute to the development and standardization of Risk Reporting across lines of business (e.g. Corporate and Investment Bank, Commercial Banking, and Asset and Wealth Management).
- Challenge the numbers, investigate, document, and resolve new and existing data quality issues.
- Improve the overall control environment for Market Risk by developing new controls, automating existing manual processes, and improving the team's documentation.
Required qualifications, capabilities, and skills:
- Bachelor's degree.
- Analytical mind-set with problem-solving abilities.
- Ability to work under pressure, prioritise multiple tasks, and bring tasks to complete closure.
- Previous experience in risk and/or financial reporting; candidates with little experience may be considered for this position if skillset and objectives align with the team.
- Understanding of market risk (i.e. traditional products, VaR measurement).
- Advanced knowledge of Microsoft Office and Business Objects is preferred.
- Excellent interpersonal skills needed for working within a team environment as well as communicating across departments.
- Working knowledge of VBA, Alteryx, and Tableau is a plus. Candidates who can demonstrate ability to use other languages or automation tools will be considered.
Preferred qualifications, capabilities, and skills:
- Understanding of the Firm's market risk systems is a plus (MaRRS, Alteryx, Tableau).
Market Risk Reporting – AnalystAssociate in Bournemouth employer: JPMorganChase
Contact Detail:
JPMorganChase Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Market Risk Reporting – AnalystAssociate in Bournemouth
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their approach to risk management and be ready to discuss how your skills align with their needs. We want you to shine!
✨Tip Number 3
Practice your storytelling skills! Be ready to explain your past experiences and how they relate to the role. Use specific examples that highlight your analytical mindset and problem-solving abilities.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about joining our team.
We think you need these skills to ace Market Risk Reporting – AnalystAssociate in Bournemouth
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Market Risk Reporting role. Highlight relevant experience and skills that match the job description, like your analytical mindset and problem-solving abilities. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to tell us your story! Explain why you're passionate about risk management and how your background aligns with our goals. Don’t forget to mention any experience with market risk systems or reporting tools.
Showcase Your Analytical Skills: In your application, be sure to showcase your analytical skills. Provide examples of how you've tackled complex problems in the past, especially in risk or financial reporting. We love candidates who can challenge the numbers and tell the story behind them!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at JPMorganChase
✨Know Your Numbers
Make sure you understand the key metrics and concepts related to market risk. Brush up on Value at Risk (VaR) and be ready to discuss how you would approach portfolio analysis. This will show that you can challenge the numbers and tell the story behind them.
✨Showcase Your Analytical Skills
Prepare examples from your past experiences where you've used your analytical mindset to solve problems. Be ready to explain how you approached these challenges and what tools you used, especially if you have experience with VBA, Alteryx, or Tableau.
✨Communicate Effectively
Since this role involves working with various stakeholders, practice articulating complex ideas in a clear and concise manner. Think about how you can convey technical information to non-technical audiences, as this will be crucial in your discussions.
✨Demonstrate Team Spirit
Highlight your interpersonal skills and provide examples of how you've successfully collaborated within a team. The culture in Risk Management and Compliance values thinking outside the box, so be prepared to discuss how you've contributed to a positive team environment.