CIB Risk – Regulatory Market Risk Manager – Associate/Vice President - Singapore-170067363 - JPMorga

Job Reference: HH100
Employer/Agency: JPMorgan Chase & Co
Location: Singapore
Salary/Package: On application
Job Sector: General Management & Consulting
Date Posted:
Closing Date:

Job Description

About J.P. Morgan Chase & Co.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at

About J.P. Morgan’s Corporate & Investment Bank

J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With nearly $20 trillion of assets under custody, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

Department Description:
Market Risk is an independent risk group, overseen by the firm’s Chief Risk Officer, which measures, monitors and controls market risk. Within Market Risk department, Regulatory Market Risk team focuses on market risk management across each individual legal entities.
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. Regulatory Market Risk coverage staff has regular dialogue with the CIB trading and CTC businesses with respect to risk appetite, risk limits and individual large and complex transactions.
The group has teams aligned to each business and legal entities and works closely with the Traders, CFOs, Middle Office and Risk Reporting to ensure a complete understanding of business / risk issues.
Regulatory Market Risk manages the interface and relationship with local regulators around Market Risks. This requires an understanding and interpretation of the local regulatory requirements and providing a consistent response to each of the individual regulators with whom we interact. For those entities, Regulatory Market Risk is responsible for risk oversight and control of the legal entities, which involves the establishment of a cross line of business framework for the measurement and control of market risks at the legal entity level
Roles and Responsibilities:
Establish & ensure a robust risk governance framework.
Participate in the location Risk Committee meetings to cover changes in and understanding of risk profiles and any market risk issue arising.
Establish and monitor risk limits for the legal entity. Assist in limit escalations and monitor key control processes.
Actively engage with location trading desk managers to remain current on risk exposures, business activity, market developments, etc.
Monitoring of market risk positions – with the aim to measures and controls material risks, concentrations and tail risks to ensure no surprise.
Conduct ad hoc risk scenario analysis for and respond to urgent requests from senior risk and trading management.
Understand the factors that drive the risk and P&L on the books, follow market movement/activities affecting positions, highlight and discuss risk changes and top risks.
Improve risk transparency, methodologies and reports by conducting deep-dives on various basis risks, curve risks, specific structure risks etc.
Effectively handle regulatory onsite and offsite inspections/examination.
Help understanding the regulatory requirements around Market Risk in the Region.
Coordinate with FO, MO, Finance, and Model Review Group and Technology on projects relating to market risk systems, VaR, stress etc.

Minimum Bachelors degree,
At least 3 years’ experience in financial markets, previous trading or market risk management experience preferred.
Good knowledge of financial markets (Asian local markets preferred) and interest rate products, including derivatives.
Excellent written and spoken communication skills. Ability to converse with a wide variety of groups.
Deep sense of accountability, a self-starter, as well as a team player
Innovative, able to think out of the box and make clear recommendations.
Good analytical skills and highly numerate. Sound understanding of quantitative concepts relating to risk sensitivity, P&L explain, VaR and stress testing.
Ability to multi-task, work well under pressure with commitment to deliver under tight deadlines.
Job Accounting/Finance/Audit/Risk
Primary LocationSG-01-Singapore-Capital Tower / 01272
Schedule Full-time
Job Type Standard
Shift Day Job
Employee Status Regular
Corporate Brand J.P. Morgan

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