Job Description
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.
Firmwide Risk Reporting and Middle Office (RRMO), a group within Corporate Risk Management, 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.
Legal Entity Risk Reporting is responsible for providing data and analytical reporting to regional and local Chief Risk Officers, regulators, and Senior Management. There is a critical need to focus on ensuring, risk reporting is comprehensive, timely, and accurate so that all levels of risk management can use it to understand and manage the business in a timely and effective manner.
The role is based in Bengaluru, will be focused on Market Risk, and Credit Risk Reporting and provide support to the respective risk management. We are responsible for analyzing, reporting, and controlling the risk exposure s across all LOB's for all Legal Entities in EMEA . Examples of the group's work include the production of risk reports used by the senior management and Legal Entity Risk Managers to monitor the bank's overall risk profiles. The Regulatory Risk Reporting Associate will also become familiar with the various risk measures used to understand the risk profile of various LoBs .
Job Responsibilities
- Understand key risk measures not limited to such as Greeks, PVBP, VaR, Stress Testing , PD, LGD, Credit Facilities , & Drawdown, and explain material risk moves.
- Produce and distribute daily/weekly/monthly risk reports to the trading desks, risk managers, and senior management. Monitor the business trading limits, maintain limit framework, and escalate limit breaches to risk managers
- Provide timely, accurate, and meaningful risk information to risk managers by maintaining high data quality in the reporting system and utilizing system tools to control the accuracy of report ing results.
- Provide support to risk managers for ad hoc analysis and projects such as implementing new methodology, capturing missing risks, and improving the risk reports
- Develop working relationships with the internal parties such as Risk Coverage, Technology, Finance and Middle Office. Attain extensive working knowledge of the risk reporting systems and market risk stress and Risk infrastructure.
Required qualifications, capabilities, and skills
- Bachelor's degree
- 3-7 years of experience in Risk or financial reporting; Candidates with less experience may be considered for this position if skillset and objectives align with the team.
- Advanced knowledge of Microsoft Office tools especially Excel preferred.
- Excellent interpersonal skills needed for working within a team environment as well as communicating across departments.
- Knowledge on Tableau and Alteryx
Preferred qualifications, capabilities, and skills
Self-motivated, and comfortable working with large amounts of data
Knowledge of market and credit risk metrics and financial products a plus
About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.
