Investment Risk & Analytics – Investment Risk, Executive Director

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.

Job summary

As a Wealth Management Investment Risk & Analytics (IR&A), Executive Director in the Global Private Bank Risk group you’ll be responsible for review of Global Private Bank’s investment business. The team covers investing activities from fixed income, equity, and alternatives product onboarding to ongoing governance and oversight. Wealth Management Investment Risk & Analytics (IR&A) provides risk review and deep-dive assessments of investment and fiduciary activities, liquidity, stress testing, metrics, market risk monitoring, and exposure measurement.  We are looking for a candidate with a strong risk management background including in-depth product knowledge across multiple asset classes and Alternatives strategies.  

You will work closely with other Risk Management colleagues, Business partners, and key control functions including Legal, Compliance, Audit, and Control Management, to provide valuable assessment and feedback regarding investment and fiduciary issues and emergent risks.

Job responsibilities

• Lead of investment risk management responsibilities for Global Private Bank in accordance with local regulations, ensuring that risks can be properly identified, measured, and overseen on an ongoing basis.
• Contribute to the enhancement and execution of risk governance processes including standards and procedures, internal risk limits administration, escalation, and resolution.
• Manage a team covering onboarding and ongoing monitoring of the fixed income, equity and alternatives strategies.
• Identify risk issues in the business and perform reviews into such areas to identify gaps and recommend risk mitigation strategies.
• Collaborate with business and key control functions. 
• Provide informed review to various business teams including due diligence teams and portfolio managers.
• Represent Risk in committees/forums and review key risk issues, as appropriate.
• Represent Risk Management in regulatory exams and internal audits.

Required qualifications, capabilities, and skills

• Education in finance, business, or economics 
• 10+ years of financial risk management, preferably in Asset Management or Private Bank, with experience in portfolio risk management and investing approaches, including alternatives. 
• Ability to review risks in investment portfolios including market and liquidity risk metrics, stress tests, sensitivities, and draw inferences from these about response to market events, emergent risks or portfolio performance
• Knowledge of mutual funds, Exchange- Traded Fund (ETFs), hedge funds and private investments
• Knowledge of market risk methodologies such as Value-at-Risk (VaR), stress and sensitivities
• Familiarity with Office of the Comptroller of the Currency (OCC), Securities and Exchange Commission (SEC), and Financial Industry Regulatory Authority (FINRA) financial regulations, especially investment management regulations.
• Ability to persuade business partners while working constructively to achieve a common goal
• Proficiency in communicating with senior management and in sensitive situations
• Control mentality – naturally skeptical, with an ability to anticipate unforeseen consequences
• Self-starter with ability to initiate, plan, execute and manage projects 
• Use your knowledge to find answers to pressing problems and create workable solutions

Preferred qualifications, capabilities, and skills

• Advanced degree 
•  Certifications such as Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) 

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, in