Market Risk Management (Location - Mumbai) 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. Our wholesale businesses include J.P. Morgan's Asset Management, Commercial Banking and the Corporate & Investment Bank which provide products and services to corporations, governments, municipalities, non-profits, institutions, financial intermediaries and high-net worth individuals and families. Our corporate functions support the entire organization and include the following functions: Accounting, Audit, Finance, Human Resources, Operations, and Technology. J.P. Morgan in India provides a comprehensive range of Corporate & Investment Banking, Commercial Banking, Asset & Wealth Management, and Corporate functions services and solutions to our clients, executing some of the most important financial transactions and providing essential strategic advice to our clients such as the government, large domestic and multi-national corporations, non-government organizations and financial institutions and investors. India is a key market for JPMorgan Chase globally and our employees in India are a critical part of how we do business globally and are integrated within our businesses 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. Market Risk consists of Line of Business aligned team and central groups, and partners with key groups including Risk Reporting, Market Risk Middle Office, Business Middle Offices, Control Management, and Model Review. Job Summary: This role is for a newly created position within the Market Risk team, leading the India hub Market Risk activity. The role will be responsible for the build-out of the function and provide ongoing local leadership to the Market Risk functions in India across CIB and Corporate and will provide the senior-level interface to Management locally and the Market Risk Management team. The role reports locally to the Head of Risk & Compliance in India and functionally to the Market Risk Basel Group head. Responsibilities: - Hub Governance & Administration - Establish and manage governance around key review meetings - Develop key MIS & Executive Reporting and drive standardization across processes - Provide input and review financial and business management needs for India and global management (e.g. headcount, budget, recruitment, real estate) - Location Strategy and People Leadership - Develop and implement the India Market Risk strategy (including recruitment, retention, training, awareness, operating procedures, control frameworks) - Foster an environment of collaboration, information sharing, and discussion to breakdown silos, create synergies and share best practices across groups Functional Responsibilities : - Oversee the relevant market risk analyses across the risk profile of the business - Partner with Market Risk coverage groups to develop new tools and metrics to make the important risks and P&L drivers more transparent to senior management - Interact daily with Market Risk teams to ensure the appropriate connectivity between teams and ultimately the understanding of Value-at-Risk, Stress, FRTB measures and risk sensitivity drivers - Participate 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. Qualifications: - Significant relevant market risk experience - Strong knowledge and the keen interest in financial markets and derivative products - Strong quantitative and analytical skills, with at least degree level education - Ability to establish new functions, associated processes and drive innovation - Ability to run and lead complex projects from design, implementation, and delivery - Ability to work independently in highly demanding environments - Excellent partnership and team management skills, with the ability to work closely with the various Risk and business/functional teams and provide a single interface locally - Good understanding of the relevant Market Risk regulatory environment - Strong organizational, control, project management, communication and negotiation skills

Mumbai

JP Morgan Chase - Vice President/Executive Director - Market Risk Management 

JP Morgan Chase - Vice President/Executive Director - Market Risk Management  ,Job Description for JP Morgan Chase - Vice President/Executive Director - Market Risk Management  in Citibank in  Mumbai for (18-25) years of experience. Apply Now!

Job Description for JP Morgan Chase - Vice President/Executive Director - Market Risk Management  in Citibank in  Mumbai for (18-25) years of experience. Apply Now!