Vice President - Market Risk Middle Office

Location: Bengaluru, Karnataka, India

Job Family: Risk Reporting

About the Role

At JP Morgan Chase, we are seeking a Vice President in Market Risk Middle Office to join our dynamic Risk Reporting team in Bengaluru, Karnataka, India. This role offers a unique opportunity to impact your career while pushing the boundaries of innovation in financial risk management. As a key player in our global operations, you will contribute to safeguarding the firm's trading activities by providing robust market risk insights. With access to cutting-edge technology and a collaborative environment, you'll work on high-impact projects that influence decision-making at the highest levels of the organization. Our Bengaluru hub is a hub of excellence, fostering growth in one of India's fastest-growing financial centers. In this position, you will be responsible for developing and executing market risk reporting strategies, including VaR modeling, stress testing, and exposure analysis across diverse asset classes. You'll partner closely with front office traders, quants, and compliance teams to ensure real-time risk monitoring and adherence to regulatory standards like Basel III. Leveraging tools such as advanced analytics platforms, you'll identify potential risks in volatile markets and recommend proactive measures. This role demands a deep understanding of financial instruments and the ability to translate complex data into actionable insights for senior executives. JP Morgan Chase values innovation and integrity, and as a Vice President, you'll lead initiatives that enhance our risk management capabilities in a rapidly evolving industry. You'll thrive in a supportive culture that emphasizes work-life balance, professional development, and global exposure. If you have a passion for market dynamics and a track record in risk middle office functions, this adventure at JP Morgan Chase will allow you to drive meaningful change while advancing your expertise in financial services.

Key Responsibilities

• Develop and maintain market risk reporting frameworks to support senior management and regulatory requirements
• Perform daily VaR calculations, stress testing, and scenario analysis for trading portfolios
• Collaborate with front office, trading, and compliance teams to ensure accurate risk assessment
• Monitor and analyze market risk exposures across asset classes including equities, fixed income, and derivatives
• Implement enhancements to risk models and reporting tools using advanced analytics
• Prepare and present risk reports for internal stakeholders and regulatory submissions
• Identify emerging market risks and recommend mitigation strategies
• Ensure compliance with JP Morgan Chase's risk policies and global standards
• Support ad-hoc risk analysis for business initiatives and portfolio reviews

Required Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field; advanced degree (Master's or MBA) preferred
• Minimum of 7-10 years of experience in market risk management, middle office operations, or risk reporting within the financial services industry
• Strong understanding of market risk metrics including VaR, stress testing, and sensitivity analysis
• Proficiency in regulatory frameworks such as Basel III, Dodd-Frank, and CCAR for risk reporting
• Experience with financial modeling and data analysis in a banking or investment environment
• Ability to work in a fast-paced, global team environment with cross-functional collaboration

Preferred Qualifications

• CFA, FRM, or equivalent certification in risk management
• Prior experience at a major financial institution like JP Morgan Chase or similar
• Knowledge of derivatives, fixed income, and equity markets
• Experience with automation tools for risk reporting and analytics
• Demonstrated leadership in risk management projects

Required Skills

• Market risk modeling and VaR computation
• Financial data analysis using SQL and Python
• Regulatory reporting and compliance knowledge
• Stress testing and scenario analysis
• Derivatives pricing and valuation
• Excel and VBA programming for financial applications
• Risk analytics tools like Murex or RiskMetrics
• Strong communication and presentation skills
• Problem-solving and analytical thinking
• Attention to detail and accuracy in reporting
• Team collaboration and stakeholder management
• Adaptability to dynamic market conditions
• Project management for risk initiatives

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance coverage
• Retirement savings plan with generous company matching contributions
• Paid time off including vacation, sick leave, and parental leave
• Professional development programs and tuition reimbursement for advanced certifications
• Employee stock purchase plan and financial wellness resources
• Global mobility opportunities within JP Morgan Chase
• Wellness programs including gym memberships and mental health support

JP Morgan Chase is an equal opportunity employer.