Cib risk generic global jpmc

1 week ago


Bengaluru, India JPMorgan Chase Bank, N.A. Full time

**Counterparty Portfolio Risk Management - Associate**

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.
Counterparty Risk consists of the Counterparty Credit Risk (CCR), Central Counterparty (CCP) and Commodities groups within Wholesale Credit Risk, which cover OTC Derivatives (cleared and non-cleared), Futures and Options, Securities financing and Securities Prime Services, CCPs and Commodities. Overall group responsibilities include, but are not limited to, counterparty risk measurement, monitoring (and escalating as appropriate) of those risks/exposures, ad hoc risk investigations and analyses for credit officers, sales and senior management, assessment of CSA terms adequacy, determination of initial margin requirements including corresponding eligible collateral and valuations where applicable, ownership and maintenance of all credit exposure metrics (continuous adequacy assessment), all related exposure calculation/reporting engines and their development agendas and priorities, and Credit Capital & CCAR/ICAAP related exposure & collateral stress testing.

This Mumbai based Associate role will support exposure analysis of counterparty portfolios on traded products globally, assessing concentration, dispersion, liquidity, and market induced counterparty credit risk.

You will be responsible for:

- Active portfolio risk management, to identify and analyze exposures that are concentrated, illiquid, and other potential risk. Facilitate detail analysis and communication to key stakeholders and senior management.
- Enhance framework and metrics, to capture, monitor and report missing risk.
- Having oversight over calculated exposure for derivatives and securities, including stress exposure, liquidity impact and wrong way exposure.
- Working with QR on methodology and modelling development.

**Minimum Skills, Experience and Qualifications**
- Strong quantitative skills and Bachelor's degree in a discipline such as Mathematics, Statistics, Financial Engineering, or similar technical skills.
- Strong understanding of derivatives, futures & options, and securities transaction.
- Understanding of quantitative concepts relating to CCR exposures, risk sensitivity, pricing, and stress testing
- Ability to communicate results of analysis or underlying risk concepts clearly and succinctly. Good written and verbal communication skills, with the ability to articulate analysis to stakeholders
- Good programming skills (Python, Alteryx, Tableau, SQL) and relevant experience in designing and implementation.
- Experience in performing margin or portfolio analytics analyzing risk within the portfolio.

**Additional Skills, Experience and Qualifications **(optional)

The following additional items will be considered but are not required for this role
- Knowledge or experience of regulatory stress exercises
- Prior risk management or front office experience strongly preferred
- Master's degree, CFA, CQF or FRM designations

JPMorgan Chase & Co., 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.



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