2024 Corporate & Investment Banking - Market Risk - Summer Internship - London
Location: Greater London
Job Type: Full time
What You Can Expect
Understanding, mitigating and managing risk is at the forefront of how we do business, and critical to our current and future success. Risk managers help manage our financial reputations and regulatory performance, while working across the business to shape decisions, influence models and interface with regulators.
The nine - week summer program starts with a five day orientation and training session. Expert instructors and J.P. Morgan professionals will teach you about our history, our products and the intellectual property that serve our clients. You’ll gain technical and practical knowledge and the inspiration and insight you need for success.
Market Risk works in partnership with the CIB trading businesses. The team tracks market events, performs portfolio analysis and provides risk advisory for multiple asset classes including FX, Rates, Equities, Credit, Securitized Products, and Commodities retained by the firm. Market Risk engages in discussions with all levels of management on the firm’s risk appetite ahead of and during major market events.
Once on the desk, depending on your group, your responsibilities as a Summer Analyst may include: performing analysis/due diligence on a counterparty/product, monitoring risk sensitivities across individual counterparties and the portfolio as a whole, building financial models, contributing to analytical exercises in response to global events, preparing reports to outline recommendations to senior management and assisting in evaluating market moves that could cause losses to the firm.
You’ll have the chance to:
- Learn about risk at a premier global investment bank
- Understand the role of integrity and transparency in dealing with regulators, clients and business partners
- Work collaboratively across the entire organization to find and solve problems before they grow
- Come up with innovative ways to solve challenges and answer queries
- Work on complex problems that require creative solutions
- Manage relationships with clients, regulators and stakeholders to minimize risks and follow laws in various locations
If you are highly-motivated and enjoy working in teams to come up with smart solutions, this is the role for you. Key skills you will demonstrate include:
- Quantitative, analytical and communication skills
- Strong initiative, energy and confidence
- The ability to thrive in a fast-paced, collaborative environment
- Proficiency in MS Office (Excel and Word). Experience in Python or similar coding is advantageous
- Fluency in English
- An expected graduation date between April 2024 - December 2025.
- Project management and time management skills, deadline driven work ethos
But beyond that, what we’re most interested in are the things that make you unique: the personal qualities, outside interests and achievements beyond academia that demonstrate the kind of person you are and the difference you could bring to the team.
Help us learn about you by submitting a complete and thoughtful application, which includes your resume. Your application and resume is a way for us to initially get to know you, so it’s important to complete all relevant application questions so we have as much information about you as possible.
After you confirm your application, we will review it to determine whether you meet certain required qualifications.
You’ll receive an email invitation to complete a video interview, powered by HireVue. This is your opportunity to further bring your resume to life and showcase your experience for our recruiting team and hiring managers.
HireVue is required, and your application will not be considered for further review until you have completed them. We strongly encourage that you apply and complete these required elements as soon as possible, since programs will close as positions are filled.
Closes: 26th November 2023
At J.P. Morgan, we’re creating positive change for the diverse communities we serve. We do this by championing your innovative ideas through a supportive culture that helps you every step of the way as you build your career. If you’re passionate, curious and ready to make an impact, we’re looking for you.
J.P. Morgan is committed to creating an inclusive work environment that respects all people for their unique skills, backgrounds and professional experiences. We strive to hire qualified, diverse candidates, and we will provide reasonable accommodations for known disabilities.
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