Vice President - Market Risk Middle Office

9 - 14 years

30 - 35 Lacs

Posted:3 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging areaThis is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.

As Vice President in the Market Risk in Middle Office team you will play a leadership role, overseeing market risk middle office functions including VaR, FSI Stress, Stress VaR, Regulatory Capital, Default Exposure, and Volcker risk measures. The individual will drive operational excellence, lead a high-performing team, and partner with senior stakeholders to deliver on the firm s risk management objectives.

Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers, and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo, and striving to be best-in-class.

Market Risk Middle Office (MRMO) is part of the Firmwide Market Risk Reporting, Middle Office, and Project Services within Corporate Risk. MRMO is responsible for Market Risk data control and analysis, covering processes like Value-at-Risk, FSI Stress, Stress VaR, Regulatory Capital, Default Exposure, and Volcker.

Job responsibilities

  • Provide strategic direction and leadership to ensure alignment with market risk management objectives and regulatory requirements, fostering a culture of inclusion, collaboration, and respect.
  • Lead, mentor, and develop a team of risk professionals, promoting high performance, accountability, and continuous learning in an inclusive environment.
  • Build and maintain strong relationships with senior stakeholders across Technology, Market Risk Operate, Market Risk VaR & Capital, MRQR, Market Risk Reporting, and other cross-functional teams.
  • Represent MRMO in senior forums and working groups, partnering with risk managers, product, and technology teams across geographies to deliver impactful solutions and drive adoption.
  • Oversee end-to-end execution of market risk processes, ensuring accuracy, timeliness, and compliance with service level agreements (SLAs).
  • Drive process improvements, automation, and innovation to enhance efficiency and control.
  • Strengthen the control environment by proactively identifying, assessing, and mitigating risks, closing control gaps, and ensuring robust governance and escalation frameworks.
  • Oversee timely and accurate delivery of regular and ad-hoc KPI/metrics reporting to senior management and stakeholders, ensuring robust controls and governance around data sources and reporting processes.
  • Serve as the primary point of contact for internal and external audits, regulatory reviews, and compliance initiatives related to market risk.
  • Oversee the integrity and quality of market risk data, leveraging advanced analytics and technology (e.g., Python, Alteryx, Tableau, LLM) to deliver actionable insights and support decision-making.
  • Lead and support strategic projects and transformation initiatives within the risk management function, including regulatory change, new product launches, and technology upgrades.

Required qualifications, capabilities, and skills

  • Minimum 9+ years of relevant experience in market risk management or related functions within a leading financial institution, with at least 5+ years of people management experience.
  • Proven track record of managing and developing high-performing teams, with strong stakeholder management and partnership skills across global, cross-functional teams.
  • Advanced degree (Master s or higher) in Finance, Accounting, Economics, Mathematics, Engineering, or a related discipline.
  • Deep understanding of financial products across asset classes (Credit, Rates, Equities, Commodities) and associated market risk measures.
  • Strong analytical and quantitative skills, with demonstrated expertise in risk analytics, data management, reporting, and basic proficiency in analytical tools such as Python, Alteryx, Tableau, and experience with LLMs.
  • Excellent verbal and written communication skills, with experience presenting to and influencing senior management and external stakeholders.
  • Demonstrated ability to drive process improvements, automation, and strategic initiatives, excelling in critical thinking, investigative problem-solving, and autonomous decision-making.
  • Ability to operate effectively in a fast-paced, high-pressure environment, managing multiple priorities and deadlines, with strong time management, planning, and organizational skills, and a commitment to fostering a diverse and inclusive work environment.

Preferred qualifications, capabilities, and skills

  • Proficiency in analytical tools such as Python, Alteryx & Tableau
  • 4+ years of Knowledge of market risk reporting and management
  • Knowledge of global regulatory frameworks and requirements (e.g., Basel, Volcker, FRTB).
  • Experience with small to medium scale transformation or change management projects.
  • Strong project management skills and experience with Agile methodologies.

Thought leadership in market risk management, with a track record of innovation and continuous improvement.

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JPMorgan Chase Bank logo
JPMorgan Chase Bank

Financial Services

New York

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