CIO, Treasury and other Corporate (CTC) Risk – Market Risk Executive – Executive Director – 2 roles
Overview
CTC Risk manages the risk of the retained portfolio generated from the Chief Investment Office, Global Treasury, and "other" Corporate businesses (Firm-wide Pension Plan, Insurance programs, and Mortgage Servicing Rights). The CTC Chief Risk Officer (CRO) reports to the Firm-wide CRO and is responsible for the end to end risk framework within the CTC LOBs; including, but not limited to, Market Risk, Credit Risk, Reputation Risk, Country Risk, Principal Risk, and Model Risk.
Description
CTC seeks to hire a market risk professional to join its global Risk management function. This individual will participate in risk related matters, including completing risk analysis of CIO's existing and new transactions in regards to impact on VaR and Stress limits, polices, and methodologies. Products may include emerging and developed markets securities and derivatives products including sovereign bonds, securitized products, munis, and FX and IRS swaps. Working in Risk Management will give the successful candidate the opportunity to work alongside senior front office and risk management professionals, in an area of the Firm that covers the spectrum of asset classes financial products. CTC is an ideal location within the Firm to obtain broad perspective of, and to influence, Firm-wide risk management decisions.
Specific responsibilities may include:
- Understanding and monitoring the risk profile of transactions and strategies undertaken by the CTC businesses. Ad hoc analysis and reporting with daily due diligence and attention to detail.
- Deep diving on specific products to back up senior colleagues on risk discussions
- Calculating utilization of potential transactions and determining impact to limits
- Understanding various risk measures used to determine the market risk profile of the portfolio, specifically Value At Risk (VAR), Stress testing, non-statistical, and qualitative risk assessments.
- Participate with risk coverage colleagues globally in establishing guidelines, standards and best practices for CIO risk management including the technology agenda.
- Partner with the Front Office, Finance, Valuation Control Group, Model Review Group, Policy, Finance, Technology and Middle Office
Qualifications:
Qualifications
- Experience in credit or market risk management, preferably with a wide range of experience with quantitative, financial and risk management techniques and systems preferred
- Strong quantitative and analytical background with an understanding of structured products and derivative instruments; able to deep dive into portfolio and produce reviews highlighting key risks
- Experience with instruments at various levels in the capital structure
- Familiarity with bank regulatory capital rules
- Stress testing, various return measures and experience with portfolio construction a plus
- Ability to work under pressure
- Strong critical thinking skills, with thorough attention to detail
- Excellent oral and written communication skills
- Demonstrated ability to partner effectively across different businesses and functional areas
Education: An undergraduate degree is required.
About J.P. Morgan's Corporate Investment Bank
J.P. Morgan's Corporate Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Further information about J.P. Morgan is available at http://www.jpmorgan.com/ .
JPMorgan Chase Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase Co. is an Equal Opportunity Employer.
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