CRSM - Analyst Description : Team Description : - The Counterparty Risk Stress and Margin team ("CRSM") within CIB organization is a global private side group and works to measure and manage the risk generated from trading activities with JP Morgan clients across all asset classes, products, and client types. - Clients are primarily Hedge Funds and traditional Asset Managers but also include Banks and Broker Dealers, Insurance Companies, Pensions and Corporates. - Asset classes include equities, rates, FX, credit and commodities. - Products range from vanilla FX to securities financing transactions to structured credit. - The team is also responsible for risk decisions around collateral/margining of the derivatives portfolio - including asset eligibility, haircuts, enforceability, CSA negotiation, and identification of concentrations /relatedness as well as coordinating liquidation of collateral in close-outs. Job Description : - CRSM team is looking for an Analyst in the Mumbai team to support credit exposure and stress analysis for Asia Pacific Region. - The role has exposure to both cleared and non-cleared derivatives and securities financing transactions and candidate will work collaboratively to cover all Counterparty Credit risks within the region with an emphasis on the activities of the Equity Prime Brokerage and Client Clearing & Intermediation businesses. - The role is responsible for helping Credit officers and trading & clearing businesses manage the credit risks that our clients take when trading with JPMorgan. - The candidate will help the team monitor existing client trading activity, review new client strategies, assess the risk of live trades, and monitor the markets. - The job requires regular interaction with the trading desks, the Clearing Business, clients, credit officers, and market risk. - The candidate will provide regular updates and risk summaries to senior risk and business management. - Role requires an expertise in Core Python programming with a good grasp on exception handling, file handling concepts, variables and data types, etc. Responsibilities : - Perform quantitative risk analyses on client portfolios or individual trades, analyze trading strategies, developing statistical models, and perform portfolio simulations. - Monitor exposures, identify concentrated or concerning risk positions, and escalate appropriately. - Understand margining methodologies, conduct benchmarking analysis, and engage senior traders to understand trade and market dynamics. - Understand and enhance stress methodologies in line with market movements for different underlying across asset classes. - Establish a strong presence with stakeholders, including Credit Officers, Sales/Trading, In-Business Risk teams and Senior Management. - Monitor markets and geopolitical developments and assess impact on client portfolios. - Work with Credit Officers, the CIB businesses and its clients, and regulators to highlight and summarize risks. - Identify notable trends and material changes in client portfolios and across products and businesses. - Manage responses to bespoke client requests on the firm's initial margin methodologies. - Understand firm's Initial Margin Methodologies to be able to suggest appropriateness of margin or relevant compensating measures. - Understand Uncleared Margin Rules and CRSM Policy, Standards and Guidelines to implement during various risk analysis. Must possess the following : - Good understanding of derivatives (Cleared and OTC swaps), Futures, Options and financial markets. - Bachelor's degree in a discipline such as Financial Engineering, Mathematics, Physics, Statistics, Engineering, Finance and/or Economics. - Good understanding of valuation models and the various parameters and conditions affecting these products. - 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 - Adept with Excel and familiarity with Bloomberg. - Exposure to NumPy library in Python, debugging script, ability to code in Core Python on Athena Visual Studio is desirable. Preferred Skills : - 1-3 years of experience working at a financial institution in a market or credit risk role or in a trading capacity or in a role with a focus on derivatives clearing and F&O exchange traded products and/or a focus in Rates markets. - Knowledge of risk management including VaR, scenario analysis and stress testing including providing solutions with advanced debugging skills in python. - Knowledge of Dodd-Frank regulatory reform, SIMM, VaR or other initial margin methodologies. - Knowledge of trading products, spanning derivatives on the major asset classes (interest rates, equities, credit, commodities, FX) and repos, including exotic structures on these. - Good understanding of quantitative concepts relating to credit exposure, risk sensitivity and stress testing is desirable. - Experience in Credit, Trading or Trading middle office functions. - Master's degree, CFA, CQF or FRM designations are preferred. 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. Note : For your candidature to be considered on this job, you need to apply necessarily on the company's redirected page of this job. Please make sure you apply on the redirected page as well.

Mumbai

JP Morgan Chase - Analyst - Counterparty Risk Stress & Margin Team 

JP Morgan Chase - Analyst - Counterparty Risk Stress & Margin Team  ,Job Description for JP Morgan Chase - Analyst - Counterparty Risk Stress & Margin Team  in JP Morgan Chase in  Mumbai for (1-3) years of experience. Apply Now!

Job Description for JP Morgan Chase - Analyst - Counterparty Risk Stress & Margin Team  in JP Morgan Chase in  Mumbai for (1-3) years of experience. Apply Now!