Risk Management - Commodities (US Gas & Power) - Market Risk Vice President

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.

As a Market Risk Vice President on our Market Risk Global Commodities Group team, you will manage a team working closely with the trading desk as we expand our capabilities in US gas, power and emissions. In this role, you will be utilizing trading analysis tools to monitor risk exposures and understand the factors that drive profit & loss and approving complex trades. You will play a key role in strengthening the Market Risk footprint in Houston, building strong relationships with all functions locally including Trading, QR, Operations, Product Control and Technology.

Job Responsibilities

• Build an enhanced risk monitoring framework to effectively monitor and constrain the expanding business footprint
• Review and approve complex energy transactions, challenging the trading business to ensure appropriate constraints / controls in place
• Provide an innovative approach in identifying threats and weaknesses in the risk profile. Expected to be pro-active in bringing these to the attention of the trading business and the Market Risk management team
• Assist in limit escalations and monitor key control processes
• Perform scenario analysis and stress testing
• Conduct ad-hoc risk analysis such as deep dives into risk themes and clearly communicate findings
• Coordinate various groups to improve transparency and infrastructure for capturing and monitoring risk exposures

Required Qualifications, Skills and Capabilities

Preferred Qualifications, Skills and Capabilities