CIB - Risk – Head of Rates Market Risk for ANZ – Vice President
May 17, 2018
About J.P. Morgan Corporate & Investment Bank:
J.P. Morgan's Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. It provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries.
The global businesses of the Corporate & Investment Bank is organised into two main groups: Banking and Markets & Investor Services. Banking includes Investment Banking, Corporate Banking and Treasury Services, and Markets & Investor Services includes Fixed Income, Equity Sales & Trading, Prime Services and Securities Clearing.
Department Summary: CIB Market Risk Management is an independent risk group, reporting to the firm's Chief Risk Officer (CRO), which identifies, measures, monitors and controls market risk. The group forms the key interface for discussing risk issues with the trading desks but retains independent reporting lines through the Risk management chain.
CIB Market Risk performs the following primary functions:
Independent ongoing identification, monitoring and control of business unit market risk
Performance of stress testing and qualitative risk assessments
Analysis of aggregated risks and tail risk exposure
Facilitation of efficient risk-return decisions
Regular dialogue with the trading businesses with respect to risk appetite, risk limits and individual large and complex transactions.
CIB Risk is seeking a VP candidate in CIB Market Risk Rates Team and Head of Market Risk ANZ, based in Australia. The role will be part of a trading floor based team covering the Global Rates business and Market Risk ANZ and be part of the Global Rates Market Risk management team.
This role will have the primary responsibility of managing the CIB Market Risk Rates in ANZ as well as wholesale Market Risk in ANZ, overseeing the deliverables relating to ongoing regulatory and non-regulatory requests. Key Skills/Qualifications Required:
Expected 10 years of experience in the industry, with thorough knowledge of market risk management practices. Preference for knowledge in G10 Asia Rates and FX markets;
Strong analytical & quantitative skills; competent in financial instruments PnL profile and risk sensitivities (specially in Rates, FX linear and non-linear markets);
Clear oral and written communication in English, strong interpersonal skills;
Experience in market risk management or trading team;
J.P. Morgan is an equal opportunity employer and is committed to providing a working environment that embraces and values diversity and inclusion. We are proud to be named a Top 20 Silver Employer in the 2017 Australian Workplace Equality Index (AWEI). If you have any support or access requirements, we encourage you to advise us at time of application.