JPMC Candidate Experience page

Compensation

Full Description

DESCRIPTION: Duties: Perform coverage for regulatory CCAR submissions relevant to the agency MBS portfolio and municipal bonds portfolio, including execution of stress testing methodology, analysis of market risk drivers, and communication of results to senior management. Perform pre-trade governance and market analysis. Monitor stress and risk sensitivities. Produce ad hoc quantitative analysis for the municipal portfolios. Produce ad hoc quantitative and qualitative analysis on agency MBS (municipal bond portfolios) for senior management. Synthesize top-of-mind research topics relevant to the investment portfolios into analysis and special reports. Review work output of junior team members including reports sent to senior management for risk managing the Firm's Chief Investment Office (CIO) investments in Agency MBS and Municipal bonds. Stay up to date with market changes and analyze its impact to the portfolios. Evaluate and implement updates to financial models used in market risk management, including challenges to proposed methodology, performing impact assessments, and coordinating model implementation timelines. Perform review of business processes within CTC Market Risk and implement enhancements and automation to enhance capabilities and streamline infrastructure. Coordinate with technology teams, model developers and business management to manage CTC Risk team requirements in modeling and technology platform migrations. Review work output of junior team members including reports sent to senior management for risk managing the Firm's Chief Investment Office (CIO) investments in Agency MBS and Municipal bonds. QUALIFICATIONS: Minimum education and experience required: Master's degree in Financial Engineering, Economics, Finance, Mathematics, or related field of study plus 5 years of experience in the job offered or as Market Risk Coverage, Senior Analyst, or related occupation. Skills Required: This position requires five (5) years of experience with the following: programming in Python and R to perform data manipulation, data structuring, data design flow and query optimization; Data Analysis; Quantitative Risk Management and Quantitative Analysis to implement profit and loss risk based explains; Fixed Income Analysis to develop relative value evaluation across different fixed income asset classes; Securitized Product Analysis; Quantitative Finance to implement optimization framework; Cashflow Modeling in mortgage-backed securities; Market Value Projection to perform CCAR stress exercises; Value-at-Risk Modeling; Monte-Carlo Simulation; Bond Math; Stress Testing; Risk Analytics; Prepayment; Fixed Income Risk Hedging; cross-asset class working in financial products including derivatives, mortgages, fixed income and credit. Job Location: 277 Park Ave, New York, NY 10172. Full-Time. Salary: $194,000 - $215,000 per year.