Quantitative Research – Market Risk – Associate
Company Name:-
JPMorgan Chase Bank, N.A.
Job Location:-
Mumbai, Maharashtra
Job Summary:-
Quantitative Research (QR) is an expert quantitative modeling group in J.
P.
Morgan, as well as a leader in financial engineering, data analytics, statistical modeling and portfolio management.
As a global team, QR partners with traders, marketers and risk managers across all products and regions, contributes to sales and client interaction, product innovation, valuation and risk management, inventory and portfolio optimization, electronic trading and market making, and appropriate financial risk controls.
ResponsibilitiesAnalyzing Market Data used for Market Risk calculations such as VaR across several asset classes.
Verifying the above market data to independent sources such as Bloomberg.
Identifying spurious data and correcting these data points; liaising with Market Risk Coverage/MRQR product specialist for remedial action.
Partnering with AD to provide requirements for a number of Market Data projects.
Perform UAT testing for monthly technology releases.
Provide recommendation for future best practice controls.
Suggest and participate in continuous improvements to the process and infrastructure.
Working with stakeholders such as Market Risk Coverage, MRQR product specialist & Technology teams to ensure the operational control of the process and troubleshooting technical issues.
Participate in Projects relating to Control issues / enhancements for Market Data Quality Improvement.
Assist in the production of weekly scorecards distributed to several groups and senior management.
In addition work on weekly / monthly enhancements to the various metric packs.
Running Market Data Quality reports, Quarterly Beta review and analyzing the time series for all positions for on boarding into VaR.
Follow up on LOB Market Risk audit-related issues.
Impact analysis on VaR/SVAR.
Good understanding of financial derivatives including Greeks
QualificationsProfessional, self-motivated, and adaptable person who can work effectively under pressure.
Attention to detail will be key in this role.
Basic understanding of product knowledge across a range of asset classes – Credit, Rates, Equities, Commodities etc.
Ability to work and solve problems independently, and be able to work in a deadline oriented environment working with large
FOR MORE DETAILS CLICK BELOW LINK
