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in New York, NY

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Hours Full-time, Part-time
Location new york, New York

About this job

J.P. Morgan is a leading global

financial services firm with assets of $2.1 trillion and operations in more

than 60 countries. The firm is a leader in investment banking , financial services for consumers, small

business and commercial banking, financial transaction processing, asset

management and private equity. Information about J.P. Morgan is available at www.jpmorganchase.com .

Firmwide Market Risk and Governance is

an independent risk group, which identifies, measures, monitors and controls

market risk. Market Risk Management seeks to facilitate efficient risk/return

decisions, reduce volatility in operating performance and ensure that the

firm's market risk profile is transparent to senior management, the Board of

Directors and regulators. Market Risk has teams aligne d to

each business and region and works closely with the front office, CFOs, middle

office and risk reporting to ensure a complete understanding of the firm's

market risk.

Within Market

Risk Management, the VaR Methodology and Development Team (VM&D) is

responsible for development of Value-at-Risk models used for risk management

and capitalization of the trading businesses. VM&D works closely with

Market Risk Coverage, Market Risk Technology, and Model Risk and Development,

and collaborates extensively with Quantitative Research (i.e., “desk quants”),

Middle Office, Risk Reporting, the Front Office, and Controllers, to develop a

VaR platform that captures risk fully within a robust control environment.

Functions

·

Developing VaR

Methodology

·

Analyzing

historical time series market data

·

Performing risk

scenario analysis

·

Working with risk

management, quantitative research and technology

·

Bachelors degree

required

·

One to two years

of financial services or programming experience is desirable.

·

Strong written

and spoken communication skills. Must be

able to converse with a wide variety of groups

·

Familiarity with

Excel VBA and Access/SQL is a plus.

Python proficiency would be helpful.

·

Ability to work

independently and make clear recommendations and conclusions

·

Strong sense of

accountability and ownership of responsibilities, work diligently,

self-motivated and good at following up on issues

·

Strong analytical

skills; competent with numbers and able to challenge concepts/proposals. Sound

understanding of basic quantitative concepts.

·

Ability to work

well under pressure with commitment to deliver under tight deadlines

JPMorgan

Chase & Co . offers an exceptional benefits program and a highly

competitive compensation package.

JPMorgan Chase &

Co . is an Equal Opportunity and Affirmative Action Employer, M/F/Disabled/Veterans