Risk Management - Market Risk Coverage Lead Vice President
J.P. Morgan
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.
As a Market Risk Coverage Lead – Vice President in Equities Market Risk Coverage, you will help identify, measure, and manage market risk across the Equities business. You will partner with Trading to set and monitor risk limits, assess the risk-reward of complex transactions, and escalate concentrated exposures. You will deliver scenario analysis and stress testing, and help strengthen risk tooling and reporting to improve transparency and decision-making. You will stay close to global markets and communicate clear, actionable risk insights to stakeholders.
Job responsibilities
- Identify material risk exposures and concentrations across the Equities business
- Set and monitor risk limits to support responsible risk-taking
- Assess the risk-reward profile of complex transactions and position changes
- Challenge Trading constructively and recommend commercially sound risk decisions
- Highlight concentrated or concerning positions and escalate as appropriate
- Partner with Trading management and the risk community to improve reporting, transparency, and governance
- Perform scenario analysis and execute stress testing to understand tail risks
- Monitor global financial markets and interpret events affecting Equities risk
- Conduct deep-dive analyses on emerging or thematic risk topics
- Communicate findings clearly through concise written and verbal updates
- Support initiatives to enhance risk management tools and reporting with technologists and risk partners
Required qualifications, capabilities, and skills
5 years of industry experience with thorough knowledge of market risk management practices
- Experience in one or more of the following: trading, sales, structuring, market risk, valuation control, model governance, product control, or risk reporting
- Ability to provide effective challenge to Equities trading management while maintaining open, constructive communication
- Strong analytical and quantitative skills applied to real market risk problems
- Proficiency in Python for analysis and automation
- Advanced skills in Excel for data analysis and reporting
- Ability to build and interpret dashboards and reporting in Tableau
- Understanding of financial instruments, profit and loss behavior, and risk sensitivities
- Clear written and verbal communication with varied stakeholders
- Ability to multi-task and deliver under pressure in a fast-paced environment
Preferred qualifications, capabilities, and skills
Experience delivering scenario design and stress testing frameworks for Equities portfolios
- Experience improving risk transparency through enhanced reporting, controls, or governance routines
- Track record partnering with technologists to deliver risk tooling or workflow enhancements
- Experience leading ad-hoc analyses and presenting recommendations to senior stakeholders
- Demonstrated ability to balance independent judgment with commercial context in decision-making
- Strong stakeholder management skills across Trading and risk partners
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, 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.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
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.
Lead equities market risk coverage, set risk limits, and strengthen resilient decision-making at JPMorganChase.