JP Morgan Chase & Co.

Risk Management - Market Risk Coverage Lead -Vice President

JP Morgan Chase & Co. • $160K — $200K *
New York, NY 10017In-Person
Finance & Insurance
5 - 7 years of experience
Reposted Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 5+ years of experience in risk management or fixed income and securitized products
  • Formal training or certification on risk management concepts
  • Strong understanding of fixed income markets, especially rates and foreign exchange
  • Knowledge of risk governance, including Value at Risk and stress testing
  • Proficiency in Excel, VBA, and Bloomberg, alongside core risk systems
  • Effective communication skills to simplify complex concepts for various audiences
  • Ability to work independently and collaboratively under pressure
  • Strong accountability and proactive issue resolution approach

Responsibilities

  • Develop expertise in fixed income markets and investment portfolios
  • Monitor daily market risk positions and escalate key findings
  • Synthesize macroeconomic research into portfolio strategy analysis
  • Present risk changes and analyses to senior management
  • Evaluate and implement updates to financial risk models
  • Collaborate with teams to enhance risk methodologies and reporting
  • Drive efficiency improvements in risk management processes
  • Respond to urgent and ad-hoc requests from risk management

Benefits

  • High-visibility role impacting investment decisions
  • Opportunities for career growth within a large financial institution
  • Engagement in cross-functional initiatives to drive risk best practices
  • Supportive team environment at the intersection of investment strategy and risk governance
  • Proactive and collaborative culture that values analytical insights
Full Job Description
JOB DESCRIPTION

As a Market Risk Vice President in the Chief Investment Office, Treasury and Corporate Risk team, you will partner with portfolio managers to support risk and return decision-making and ensure the market risk profile is understood by senior management, the board, and regulators. You develop deep fixed income expertise and deliver analytics and insights that inform pre-trade reviews, limit setting, and risk transparency. You help us monitor exposures, reduce volatility in operating performance, and strengthen governance through clear reporting and disciplined escalation.

Job responsibilities:

  • Develop fixed income market and portfolio expertise and deliver analytics that inform pre-trade reviews and limit updates
  • Monitor market risk positions daily to identify material exposures and concentrations and escalate key findings
  • Synthesize macroeconomic research and market themes into reports that inform portfolio strategy and financial projections
  • Present risk changes, top risks, and deep-dive analyses to senior risk management stakeholders
  • Evaluate and coordinate updates to market risk models, including methodology review and impact assessment
  • Partner with quantitative research and model review teams to improve transparency, methodologies, and reporting outputs
  • Drive process and technology improvements that enhance efficiency and scalability across risk workflows
  • Partner with other risk groups to strengthen standards and best practices and represent the team in cross-functional initiatives
  • Respond to urgent ad-hoc requests from senior risk management with accuracy and timeliness

Required qualifications, capabilities, and skills: 

  • Formal training or certification in risk management concepts and 5 years plus of applied experience
  • Experience in risk management and fixed income or securitized products
  • Understanding of fixed income markets with focus on rates and foreign exchange
  • Knowledge of risk monitoring governance and controls, including value at risk, stress testing, return measures, and stress scenario construction
  • Strong technical proficiency in Excel, VBA, and Bloomberg, with ability to learn and apply core business and risk systems
  • Excellent written and verbal communication skills, translating technical concepts for diverse audiences
  • Demonstrated ability to work independently and cross-functionally under pressure with strong attention to detail
  • Ability to constructively challenge portfolio manager views and support risk and capital allocation decisions
  • Self-motivated and accountable, with a proactive approach to issue resolution

Preferred qualifications, capabilities, and skills: 

  • Advanced degree in finance, economics, or a related quantitative field, or an MBA
  • Professional qualification such as Chartered Financial Analyst or equivalent
  • Experience with macroeconomic modeling applied to financial projections and portfolio risk
  • Familiarity with model risk governance and collaboration with quantitative research teams
  • Prior market risk experience within a large financial institution or investment management firm

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Finance & Insurance
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ
CCF
* Ladders Estimates

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