LE Market Risk Coverage – Analyst/Associate (m/f/d) - London

JP Morgan

Location: Greater London

Job Type: Full time


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.

Market Risk is an independent control group which performs a key role in J.P. Morgan’s control framework. Market Risk work in partnership with other control functions and the business to ensure that risk positions are adequately identified, measured, monitored and controlled.

Given the complexity of the firm’s security and derivative portfolios, Market Risk is uniquely positioned as the team that ensures all market risks are made transparent to senior management, the businesses, regulators and investors.

Market Risk highlights concentrations in risk and works with the trading and quantitative groups to fully understand their implications from a risk/return perspective. Market Risk works to optimise the firms return on risk, and to reduce volatility in operating performance.

This role is for the UK Legal Entities Market Risk team, providing Market Risk governance and oversight of the main risks in the UK entities across multiple asset classes, in partnership with the asset class aligned coverage teams, and other functions.

The candidate will gain from this role a good understanding of different aspects of Market Risk such as market risk controls & governance framework, stress testing and risk analysis.

To be successful in this role, candidate should be a highly motivated individual, with inquisitive nature and attention to details.


  • Monitoring and control of main risks, achieved in close cooperation with market risk partners within asset class aligned coverage teams
  • Investigating as appropriate changes in Sensitivities, VaR, Stress Testing & PnL in conjunction with asset class teams, provide explains to senior management
  • Monitoring and maintaining (including providing oversight and challenge) of the market risk limits
  • Conducting risk analysis on new trades and topical events assessing impact to exposures
  • Further development of Market Risk framework, ranging from improving key risk reports to keeping policy/procedures documentation up to date
  • Helping respond to inquiries from regulators, internal and external bank auditors.
  • Interaction with various teams including asset class aligned Market Risk Coverage, LE Risk, Risk Reporting, Middle Office, Treasury, Finance, Technology and Quantitative Research on all aspects

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.

  • Strong academic background with a minimum Bachelor’s Degree
  • Keen interest in financial markets and derivative products
  • Good understanding of the relevant UK market risk regulatory environment is an advantage
  • Lateral thinker, tenacious, commitment to getting things done and detail focused
  • Team player and ability to form constructive professional relationships with a wide variety of teams in the firm
  • Proficiency in Excel is required, capable of handling a large data set for analysis
  • Fluency in English is a prerequisite along with excellent written and spoken communication skills.
You’ve got this!