Experience:
0-1 years of experience
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Employment Type:
Full time
Posted:
8/10/2017
Job Category:
Finance
Corporate Risk - Market Risk Reporting - Analyst
(This job is no longer available)
JPMorgan Chase & Co. | Newark, DE
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Job Description

Job Description:

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and 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 at www.jpmorganchase.com.

Market Risk Reporting is responsible for the production of daily/weekly/monthly market risk reports used by senior business management and Market Risk Management to monitor and manage the bank's overall risk profiles. The team produces daily limit reports used to control the amount of exposure in line with the risk appetite and manages breaches of these limits. The group has project management responsibilities for major deliverables within the wider risk

organization. This includes initiatives such as the Volcker initiative and Next Generation Reporting Project deliverables designed to enhance the infrastructure for reporting risk and comply with the broader industry wide regulatory expectations.

The analyst is responsible for:

* Provide support to risk managers for ongoing monitoring and reporting of risk exposures
* Analyzing VAR and other risk metrics and partnering with risk management to provide commentary for significant movements
* Monitoring and understanding limits and reporting limit violations of statistical and non-statistical exposures
* Maintaining data quality in the reporting system and utilizing system tools to control the accuracy of report results
* Developing and maintaining Excel- and Access-based user tools to provide custom risk reports
* Analyzing large amounts of data and making changes and improving processes.
* Providing support to risk managers for ad hoc analyses and projects
* Developing working relationships with internal stakeholders such as Finance, Product Control, Market Risk Technology, and the Market Risk Coverage teams
* Providing support to other team members in producing daily, weekly, and monthly risk reports
* Prior financial work experience or internships at similar financial institutions
* High proficiency in MS Excel, and VBA
* Excellent attention to detail and organizational skills
* Inquisitive and willing to challenge the status quo
* Excellent written and verbal communication skills
* Ability to work and solve problems independently, and be able to work in a deadline oriented environment
* Team player who can work well with colleagues of various levels and backgrounds
* Self-motivated and comfortable working with large amounts of data
* Knowledge of market risk and financial products a plus
* BA/BS in economics, accounting, finance, Information Systems or other quantitative majors

Minimum major and overall GPA of 3.0

About JPMorgan Chase & Co.

JPMorgan (www.jpmorgan.com) is the investment banking arm of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $1.5 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset and wealth management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its JPMorgan and Chase brands.