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JPMorgan Wealth Management Market Risk Manager - Vice President

JPMorgan Chase
Ny, New York, United States (on-site)
12 days ago


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.

The JPMorgan Wealth Management (JPMWM) Market Risk Manager will be responsible for establishing and maintaining a robust Market Risk program for the JPMWM brokerage platform. The ideal candidate will be a highly-motivated professional with excellent process improvement and communication skills. The candidate will be detail-oriented and results focused, and will have a proven record of problem solving and collaborating with others, including direct and indirect leadership positions. You will be focused on the delivery of measurable results and credible challenge on specialty and complex investment products.

Job responsibilities:
  • Develop and maintain the necessary markets and trading risk framework and standards so that aggregate risks within JPMWM are effectively identified, measured, monitored and controlled consistent with the JPMWM's risk appetite.
  • Work alongside the business and Firmwide Market Risk to oversee market risk exposure by identifying, measuring, and monitoring market risk across the JPMWM book, making recommendations, evaluating exposure, and escalating market transactions to manage and/or offset the market risk, including liquidity, counterparty, and ESG/Sustainability risks.
  • Partner with AWM Risk to develop, enhance, and perform testing and/or monitoring which focus upon macroeconomic, geographic, market and political scenarios that impact sensitivity to market risk events, including involvement in stress testing of the investment book.
  • Monitor the JPMWM counterparty exposure to market risk by measuring the impact of the frequent and severe risk events, including participating in back-testing models and strategy.
  • Ensure that JPMWM risks are appropriately included in regulatory and management reporting of market risk, such as Material Risk Inventory.
  • Support the configuration of appropriate measures to evaluate sensitivity to and/or risk of loss due to factors affecting financial and commodity market prices or systematic risk which cannot be mitigated by diversification or hedging by client product and channel.
  • Build and establish relationships to evaluate the impact of firmwide Market Risk and represent Risk in various governance forums and new business initiatives.

Required qualifications, capabilities, and skills:

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.
  • Bachelor's degree and 10+ years of experience and strong working knowledge of SEC, FINRA, MSRB rules and their applicability to a wealth management business and/or retail brokerage business with specific knowledge of Market Risk.
  • Experience with or deep knowledge of brokerage platforms, including self-directed investing
  • Excellent communication and interpersonal skills (e.g., effectively communicate key messages and challenges, where appropriate, and simplify complex business risk situations) and ability to collaborate with high-performing teams and individuals throughout the firm to accomplish common goals.
  • Strong qualitative and quantitative analytical skills with ability to synthesize and integrate varied data sets.
  • Excellent time management skills to prioritize work, meet tight deadlines, and function well in a fast-paced, team environment.
  • Ability to build effective working relationships and interact comfortably with a wide spectrum of internal stakeholders.
  • Strong Microsoft PowerPoint and Excel skills

Preferred qualifications, capabilities, and skills:
  • FINRA Series 7 license

About the Team

Chase is a leading financial services firm, helping nearly half of America's households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs.

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.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

Equal Opportunity Employer/Disability/Veterans

Job Information

  • Job ID: 69429495
  • Workplace Type: On-Site
  • Location:
    Ny, New York, United States
  • Company Name For Job: JPMorgan Chase
  • Position Title: JPMorgan Wealth Management Market Risk Manager - Vice President
  • Job Function: Other
  • Job Type: Full-Time

Please refer to the company's website or job descriptions to learn more about them.

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