J.P. Morgan is a leading global financial services firm, established over 200 years ago: - We are the leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. We have assets of $2.5 trillion and operations worldwide.We operate in more than 100 markets. We have more than 243,000 employees globally. - Market Risk is an independent risk group within Risk Management, reporting to the Firm's CRO, 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. The team is expected to provide quantitative and qualitative analysis around the firms consolidated risk profile to Senior Management. - Market Risk Management works closely with the Market Risk teams aligned to each Line of Business and other partner teams including Risk Reporting, Risk Policy, Regulatory Risk, Market Risk Middle Office, Business Middle Offices, Control & Oversight and Model Review to set Market Risk policy and a consistent framework for Market Risk across the firm, and to share best practices across LOB Market Risk teams. Description : - The Market Risk Basel Group (MRBG) is seeking a candidate to join the MRBG Analytics team to support tactical calculation and analytics needs for the Fundamental Review of the Trading Book (FRTB) and other Basel/capital related items. FRTB is the new Market Risk Capital Rule from the Basel Committee which is expected to be live in 2021-2022. The individual will support the tactical production of market risk capital & explanation of capital changes based on proposed FRTB rules on an ongoing basis. - These results will be used for multiple internal and external commitments, including Basel III monitoring exercises, impact analyses required for senior management communication & planning, and other key efforts supporting the FRTB strategic program. The successful candidate will partner across Firmwide Market Risk, Market Risk Coverage, Regulatory Capital Management Office, Model Risk and Development, Quantitative Research, and Product Control teams to deliver and explain the FRTB capital results. In addition to FRTB calculation and analytics, the candidate will provide tactical support for other MRBG Basel related analytics needs. Functional Responsibilities - Perform relevant market risk analyses for current Basel 2.5 and future Fundamental Review of the Trading Book (FRTB) rules for LOBs and across the risk profile of the firm. - Provide explanation of key market risk drivers (VaR, stress and risk sensitivity, FRTB capital, etc) with understanding & supporting commentary around position and market moves, trading strategy changes and FRTB rule or implementation changes - Partner with Risk groups across businesses to develop new tools and metrics (e.g. making key risks and P&L drivers more transparent, refining current FRTB calculation capabilities, etc) - Partner across teams to on-board new products & desks onto the FRTB strategic capital calculation framework - Using knowledge and understanding of risk profiles to provide tactical support to management on significant risk drivers across portfolios - Participating in a wide range of on-going and new projects with Risk Management, Finance, Technology, Valuation, Quantitative Research, Model Review Group, Basel Groups. - Constantly focusing on operating efficiently and improving processes while maintaining a strong control environment.

Mumbai

JP Morgan Chase - Associate/Analyst - Market Risk Management - Basel Group 

JP Morgan Chase - Associate/Analyst - Market Risk Management - Basel Group  ,Job Description for JP Morgan Chase - Associate/Analyst - Market Risk Management - Basel Group  in JP Morgan Chase in  Mumbai for (1-4) years of experience. Apply Now!

Job Description for JP Morgan Chase - Associate/Analyst - Market Risk Management - Basel Group  in JP Morgan Chase in  Mumbai for (1-4) years of experience. Apply Now!