Job Title

Counterparty Portfolio Risk Management - Associate Posting 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.

Counterparty Risk group overall responsibilities include, but are not limited to, identification, measurement, monitoring and analysis of the exposure related to JPMorgan\'s counterparty portfolio and markets .

This Mumbai based Associate role will support exposure analysis of counterparty portfolios on traded products globally, assessing concentration, dispersion, liquidity, and market induced counterparty credit risk. Job Responsibilities

• Active portfolio risk management, to identify and analyze exposures that are concentrated, illiquid, and other potential risk. Facilitate detail analysis and communication to key stakeholders and senior management.
• Enhance framework and metrics, to capture, monitor and report material risk.
• Acting as subject matter expert on counterparty exposure for derivatives and securities, providing advise to credit officers and other stakeholders. Providing guidance and training on counterparty risk metrics and model limitation.
• Having oversight over calculated exposure for derivatives and securities, including stress exposure, liquidity impact and wrong way exposure.
• Working with QR on methodology and modelling development.

Required qualifications, capabilities, and skills

• Strong quantitative skills and Bachelor\'s degree in a discipline such as Mathematics, Statistics, Financial Engineering, or similar technical skills.
• Strong understanding of derivatives, futures & options, and securities transaction.
• Understanding of quantitative concepts relating to CCR exposures, risk sensitivity, pricing, and stress testing
• 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
• Good programming skills (Python, Alteryx, Tableau, SQL) and relevant experience in designing and implementation.
• Experience in performing margin or portfolio analytics analyzing risk within the portfolio.

Preferred qualifications, capabilities, and skills

• Knowledge or experience of regulatory stress exercises
• Prior risk management or front office experience strongly preferred
• Master\'s degree, CFA or FRM designations

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.