JPMorgan Chase Asset Management Risk – Global Investment Management - Risk Analytics Group - VP in New York, New York
Asset Management Risk – Global Investment Management - Risk Analytics Group - VP
JP Morgan Chase:
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available athttp://www.jpmorganchase.com/.
Our Firmwide Risk Function:
Our Firmwide Risk function is focused on cultivating a stronger, unified culture that embraces a sense of personal accountability for developing the highest corporate standards in governance and controls across the firm. Business priorities are built around the need to strengthen and guard the firm from the many risks we face, financial rigor, risk discipline, fostering a transparent culture and doing the right thing in every situation. We are equally focused on nurturing talent, respecting the diverse experiences that our team of Risk professionals bring and embracing an inclusive environment.
JPMorgan Asset Management (AM) is looking to hire a Quantitative Risk Analyst to join the Risk Analytics team.Risk Analytics, part of GIM Risk Management, is a small team of experienced quantitative and market risk oriented professionals.It is responsible for developing and maintaining risk measurement methodologies, and the calculation of analytics.
Risk Analytics and the AM Risk Technology team have developed a risk analytics application (Newton) that covers Global Equity, Global Fixed Income and Global Balanced LOBs within AM Global Investment Management.Newton is used by the GIM Investment and Counterparty Risk Managers, and the front-office.
The individual will work for the Head of GIM Risk Analytics and will:
Assist in the research and enhancement of the risk methodology for Newton.The methodology covers sensitivity, stress, VaR and factor modeling, for both investment (market) and counterparty (credit) risk.
Provide risk analysis at both the portfolio level and security level by determining the qualitative and quantitative factors driving change in risks and exposures.Analysis is provided to the independent risk teams and users of Newton within the LOBs.
Be highly quantitative, technically proficient, detail-oriented, able to multi-task and work independently
Understand financial mathematics and quantitative techniques aimed at measuring risk at the security and portfolio levels
Possess in-depth knowledge of VaR models and stress testing techniques
Experience with RiskMetrics is required
Have a good understanding of the equity and fixed income (rates and credit) products and markets, as well as related derivatives and structured products
Have experience pricing securities, derivatives and structured products using appropriate models
Have 3-7 years of experience in a quantitative analysis/research role within Market/Credit Risk Management, a Front Office role or academic equivalent.
Quantitative degree required (Masters or PhD preferred) in Math, Engineering, Physics or equivalent
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.
Primary Location US-NY-New York-270 Park Avenue / 02317
Organization ASSET MANAGEMENT
Job Type Standard
Shift Day Job
Req ID: 170025920