Join JPMorgan Chase's dynamic and innovative Electronic Trading Risk Management (ETRM) team as a Senor Associate. This role offers a unique opportunity to be at the forefront of E-Trading with a focus on global Equities Markets.
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 a Market Risk E-Trading Risk Management Coverage Lead – Vice President, based in New York, the candidate will participate in all risk related matters (including monitoring and forecasting). This is an exciting opportunity to join the Global ETRM coverage team, the candidate will leverage their expertise to monitor and control E-Trading risk; including an ongoing review of existing and new E-Trading Activities, models (including the growth area of machine learning models) and E-Trading controls.
Job responsibilities
Define, identify and set controls required for trading Models and E-Trading Activities to mitigate market risk exposure 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 Challenged to be innovative in looking for E-Trading top risks and improvements on the intraday E-Trading controls and be proactive in bringing them to the attention of the Trading Business and Market Risk management team Provide insights into market microstructure including liquidity and mark impact analysis for Risk and Business users through the use of advanced data science techniquesRequired qualifications, capabilities, and skills
Strong academic background with a bachelor’s or master’s degree, ideally in a quantitative and/or financial field a minimum of 5 year experience working in a bank or a financial institution, with knowledge of market risk management and data analytics preferred Strong knowledge of financial products and associate risks, including modelling techniques Understanding of execution algos in the e-trading space Good knowledge of at least one asset class among the following: Equities, Macro or Spread Ability to face senior business stakeholders and challenge effectively Ability to face senior QR (quantitative research) stakeholders Understanding of governance and controls for risk monitoring. Ability to provide solutions and use sound judgement to assess risks and to lay out your argument in a well-structured, data-informed, written narrative Excellent communication skills, both verbal and written Ability to multi-task, work well under pressure on trading floor Ability to form constructive professional relationships with a wide variety of teams in the firm. Comfortable working in a different time zonePreferred qualifications, capabilities, and skills
Familiarity of computer programming languages and coding techniques, such as Python, SQL or R a plus Strong sense of accountability and ownership, work independently and diligent when following up on time sensitive issues and balance multiple projects with tight time constraints preferred