Analyst - Market Risk Middle Office Data Improvement

Location: Bengaluru, Karnataka, India

Job Family: Risk Reporting

About the Role

JPMorgan Chase & Co. is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. We operate in over 100 markets, providing innovative solutions to clients across investment banking, consumer and community banking, commercial banking, and asset and wealth management. The Analyst - Market Risk Middle Office Data Improvement role is within our Corporate & Investment Bank division, specifically in the Market Risk team based in Bengaluru, India. This position plays a critical role in ensuring the accuracy and reliability of data used for market risk assessment, supporting the firm's robust risk management framework that protects against market volatility and regulatory scrutiny in the financial services industry. As an Analyst in the Market Risk Middle Office Data Improvement team, you will focus on enhancing data processes to support risk reporting and analytics. Your primary responsibilities will include identifying data quality issues in market risk datasets, such as position data, pricing feeds, and sensitivity metrics, and implementing targeted improvements. You will work closely with cross-functional teams to reconcile discrepancies, automate validation workflows, and ensure compliance with global standards like Basel III. This role requires a blend of technical data skills and financial acumen to handle complex instruments like derivatives and securities, contributing to the firm's ability to model risks effectively in dynamic market conditions. In this position, you will have opportunities to grow within JP Morgan Chase's collaborative environment, gaining exposure to advanced risk technologies and international projects. Bengaluru's state-of-the-art campus offers a vibrant hub for innovation, where you'll collaborate with diverse professionals to drive data-driven decisions. If you are passionate about financial risk and data integrity, this role provides a platform to make a meaningful impact on one of the world's most respected financial institutions, fostering career advancement in the competitive landscape of global banking.

Key Responsibilities

• Analyze and enhance data quality for market risk reporting, identifying discrepancies and implementing improvements
• Collaborate with front office, middle office, and technology teams to ensure accurate risk data flows
• Develop and maintain data validation processes to support regulatory compliance and internal risk models
• Perform root cause analysis on data issues and propose solutions to prevent recurrence
• Support the creation of dashboards and reports for market risk metrics using tools like Tableau or Excel
• Contribute to projects aimed at automating data reconciliation and improving efficiency in the middle office
• Monitor key data sources for market risk, including pricing, positions, and sensitivities
• Assist in stress testing and scenario analysis by ensuring data integrity
• Document data improvement initiatives and train team members on best practices
• Stay updated on industry standards and regulatory changes impacting market risk data

Required Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, Computer Science, or a related field
• 2-4 years of experience in financial services, particularly in risk management, data analysis, or middle office operations
• Strong understanding of market risk concepts, including VaR, stress testing, and risk metrics
• Proficiency in data management tools and SQL for querying large datasets
• Experience with financial data sources and regulatory reporting requirements in banking
• Ability to work in a fast-paced, global team environment
• Excellent analytical and problem-solving skills with attention to detail

Preferred Qualifications

• Advanced degree (Master's or MBA) in Finance or Quantitative Finance
• Prior experience at a major financial institution like JP Morgan Chase in risk or data improvement roles
• Knowledge of Python or R for data scripting and automation
• Familiarity with Basel regulations and market risk frameworks
• Certification in risk management (e.g., FRM) or data analytics

Required Skills

• SQL and database querying
• Data analysis and visualization (e.g., Excel, Tableau)
• Market risk modeling and metrics (VaR, Greeks)
• Python or R programming for data manipulation
• Financial product knowledge (derivatives, equities, fixed income)
• Regulatory compliance (Basel III, Dodd-Frank)
• Problem-solving and critical thinking
• Attention to detail and accuracy
• Communication and stakeholder management
• Project management basics
• Analytical mindset for complex datasets
• Team collaboration in multicultural environments
• Time management in deadline-driven settings
• Adaptability to evolving financial technologies
• Basic understanding of agile methodologies

Benefits

• Competitive base salary and performance-based bonuses
• Comprehensive health, dental, and vision insurance coverage
• Retirement savings plan with company matching contributions
• Paid time off, including vacation, sick leave, and parental leave
• Professional development programs and tuition reimbursement
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness programs at JP Morgan Chase campuses
• Global mobility opportunities and career growth support

JP Morgan Chase is an equal opportunity employer.