Corporate - Firmwide Market Risk - Business Manager - VP - NY
JPMorgan Chase 8,091 reviews - New York, NY

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Job Description

J.P. Morgan is a leader in financial services, offering innovative and intelligent solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available. We have been helping our clients to do business and manage their wealth for more than 200 years and we keep their interests foremost in our minds at all times. This combination of product strength, intellectual capital and character sets us apart as an industry leader. J.P. Morgan is part of J.P. Morgan Chase & Co. (NYSE: JPM), a global financial services firm with assets of $2.0 trillion.

Group Description

Market Risk is an independent risk group within Corporate Risk Management, reporting to the Firm’s CRO, which identifies, 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. Firmwide Market Risk works closely with the Market Risk teams aligned to each Line of Business and other partner teams including Risk Reporting, Risk Policy, Regulatory Risk, Market Risk Middle Office, Business Middle Offices and Model Review to set Market Risk policy and a consistent framework for Market Risk across the firm, and to share best practices across LOB Market Risk teams.

Job Description

Corporate Firmwide Market Risk is seeking a VP-level professional to manage Market Risk business management initiatives, based in New York. The role will report jointly to the Firmwide Market Risk and EMEA CRO Business Manager and the Firmwide Market Risk Chief Operating Officer, both of whom report to the Firmwide Head of Market Risk. The VP will work across the LOB Market Risk groups and partner groups including Model Review, Risk Reporting, Market Risk Technology, Finance and Regulatory Risk.

Job Responsibilities

Manage various ongoing market risk business management activities related to overall risk governance across LOB risk teams across the firm

Set agendas for weekly team meetings

Manage specific market risk reporting initiatives from a Market Risk standpoint, including review of current reporting and report distribution processes

Interface with Finance on headcount and budgeting for Firmwide Market Risk teams

Interface with HR Recruiting on hiring needs and open positions

Work with Market Risk Control Officer on operational risk framework, and to address issues and action plans raised as part of this framework

Follow up on LOB Market Risk audit-related issues to ensure review across other LOB market Risk teams

Provide support to Market Risk Policy VP, who

Reviews and maintains Firmwide Market Risk policies, and creates new policies where appropriate

Communicates Firmwide Market Risk policies to key stakeholders, including Market Risk, the Market Risk Middle Office, Risk Reporting and other partner teams

Works with LOB Market Risk teams to ensure consistency of LOB and Legal Entity-specific Market Risk policies with Firmwide policies

Manages various Market Risk policy initiatives across various market risk teams and partner teams across the firm.


Bachelor’s degree, Masters/MBA a plus

6-10 years work experience in financial services

Familiarity with market risk or other risk management experience a plus

Strong project management skills; ability to gain consensus among staff and drive initiatives to completion effectively

Strong business judgment and ability to work independently

Excellent written and verbal communications skills and a strong track record of partnership

Ability to multi-task, work well under pressure with commitment to deliver under tight deadlines

JP Morgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package.

JP Morgan Chase & Co. is an Equal Opportunity and Affirmative Action Employer, M/F/D/V



Primary Location

US-NY-New York-383 Madison Avenue (BSC) / 41039


Risk Management



Job Type



Day Job

Employee Status


Corporate Brand

J.P. Morgan

About this company
8,091 reviews
At JPMorgan Chase, the work we do matters. All of us are committed to putting our resources and our voices to work every day for our...