Job Description
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.
We are looking for an experienced candidate to join our team in Bengaluru. Market Risk QR Time Series Management team executes the Data Quality Program (DQP) and is specifically responsible for ensuring valid data is fed into our in-house VaR (Value at Risk) models. The team works closely with internal stakeholders to ensure any data quality issue is remediated in a timely manner for accurate risk computation. Market data is a key input to the VaR model and other pricing and forecasting models used by the firm. The validity of VaR measure computations relies on the foundation that the historical financial market data (time series) properly reflects the magnitude and relationship of market moves across various market factors.
In addition, we are providing on job training, intensive internal classroom training, and online courses, all given by our experienced quants. Through the diversity of the businesses it supports and the variety of functions that it is responsible for, Quantitative Research group provides unique growth opportunities for you to develop your abilities and your career.
We make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental and physical health needs or particular family considerations.
If you are passionate, curious and ready to make an impact, we are looking for you.
You’ll contribute to the firm’s product innovation, effective risk management, financial risk controls. Specially, you’ll have the chance to:
Analyze time series used for market risk calculations such as VaR across several asset classes;
Identify spurious data like spikes and gaps, and liaise with stakeholders for remedial action;
Onboard new risk factor time series to VaR to ensure accurate risk measurement;
Assist in the production of scorecards distributed to several groups and senior management;
Participate in projects relating to control issues/enhancements for market data quality improvement;
Partner with technology teams to provide requirements for various data sourcing and remediation projects;
Facilitate quarterly and annual audit processes to ensure compliance with regulatory bodies.
Minimum Skills, Experience And Qualifications
We are looking for someone excited to join our organization. If you meet the minimum requirements below, you are encouraged to apply to be considered for this role.
You have a minimum of 2 years of relevant experience;
You have a bachelor’s or master’s degree in STEM, Finance or relevant field;
You have financial product knowledge across a range of asset classes;
You have the ability to understand business processes and their risk implications, analyze complex situations, reach appropriate conclusions, and make feasible recommendations;
You have excellent verbal and written communication skills;
You have excellent interpersonal skills with an ability to develop effective and credible relationships;
You demonstrate quantitative and problem-solving skills;
You are proficient in Microsoft Excel, using advanced formulas, pivot tables, etc.;
You are a self-starter with a collaborative mindset to foster teamwork;
You think strategically and creatively when faced with problems and opportunities;
You’re attentive to detail, easily adaptable, and enthusiastic about knowledge sharing and collaboration.
Additional Skills, Experience And Qualifications
The following additional items will be considered but are not required for this role
Qualifications like CFA/FRM are an added advantage;
Experience in Python is an added advantage.
About Us
Across JPMorgan Chase, we serve millions of customers and many of the world’s most prominent corporate and government clients. Our mission is to build a stronger, more equitable economy, and we strive to make a positive impact everyday with our customers in their communities. We are proud of our reputation as one of the world’s most admired companies and we know that it’s our people who make us successful. We are committed to a diverse and inclusive workplace where our employees are welcomed, valued and able to bring their authentic selves and best work forward.
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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