Job Description
This is a great opportunity to join the Market Risk team which is an independent risk group within Risk Management, reporting to the firm's CRO, which measures, monitors and controls market risk . Market Risk management seeks to facilitate efficient risk/return decisions, reduce volatility in operating performance and ensure that the firm's market risk profile is transparent to senior management, the Board of Directors and Regulators. Market Risk Regulatory & Policy team (MRRP) works closely with the Market Risk Coverage teams and other partner teams including Risk Policy, Compliance, Legal Entity Risk, Business Control, Audit and external Regulators. The team has responsibility to respond to regular & ad-hoc regulatory engagements, set Market Risk policy/other guidance in order to establish a consistent governance framework for Market Risk across the firm and share best practices across Market Risk Coverage teams in line with regulatory and management requirements.
As a Market Risk Regulatory & Policy - Vice President in the Market Risk Regulatory & Policy team, you will collaborate with senior leaders within Market Risk to provide strategic advice and manage regulatory examinations and engagements, primarily conducted by the PRA, ECB, and other banking regulators. This role offers high visibility within the Market Risk organization through regular interactions with senior management. The MRRP team acts as a centralized resource supporting regulatory exams management and ongoing monitoring activities.
Job responsibilities
- Support execution of regulatory deliverables, exams, and overall engagement to ensure consistent, accurate, and clear responses to regulatory inquiries and examination requirements.
- Manage implementation of initiatives related to new rules, regulatory exam feedback, or internal framework enhancements, liaising across relevant business, technology, and control functions to prioritize risks, challenge approaches, and drive appropriate responses.
- Support various periodic Market Risk processes and projects to ensure compliance with internal and regulatory requirements such as Semi-Annual Limit Review, Permitted Instruments monitoring, etc.
- Analyze processes to identify opportunities for streamlining and improvements in methodologies and documentation.
- Partner with governance document owners and managers during periodic document review and authoring of new documents.
Required qualifications, capabilities, and skills
- Experience in Market Risk, with strong knowledge of market risk concepts such as Risk Metrics, Stress Testing, and risk management processes and controls, such as Risk Limits, Pre-Trade Governance, etc.
- Ability to balance multiple priorities, work under pressure, and manage tight deadlines while leveraging strong analytic and problem-solving skills.
- Excellent written and verbal communication skills, with the ability to communicate effectively with senior managers and regulators and produce governance documentation.
- Strong leadership and influencing skills, with the ability to build consensus and effectively drive initiatives and issues to completion.
- Bachelor's degree with experience in Risk Management.
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
