Counterparty Credit Risk Management - Hedge Funds Associate

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 Counterparty Credit Risk Hedge Funds Associate within Risk Management and Compliance, you will be at the center of keeping JPMorgan Chase strong and resilient. You will 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. 

Job responsibilities

• Support traded products and independent amount (IA) subject matter expert partnering with Sales and Trading and Credit Officers in the assessment and evaluation of trade level IA across all asset classes primarily but not limited to Hedge Fund Clients
• Work in a high-pressure trading-like capacity with the ability to effectively manage your workload in order to contribute as a team towards its goals which means collaboration and cohesive assistance with others on the team
• Develop deep dives and touch points with partners in risk with respect to counterparty credit exposure/risks, providing guidance and training to Credit Officers on material methodology releases or model limitations, and helping guide methodology and policy updates
• Manage and contribute to firm-wide projects around key counterparty credit exposure metrics & technical enhancements
• Drive outcomes in identifying, analyzing, monitoring, and reporting on inherent risks within counterparty exposures, self-starter
• Formulate views around product risk appetite and be able to review and challenge business stakeholders’ risk related questions
• Work closely with Front Office/Credit Risk/Operations team to size and evaluate limit sizing and appropriate risk appetite and execution for new and existing clients to the platform
• Work with QR, Technology, Credit Officer and other stakeholders to continuously review and enhance exposure methodologies and tools

Required qualifications, skills, and capabilities

• Minimum 2 years in risk management/quantitative financing/trading fields
• Good working knowledge of Exchange Traded Derivatives (ETD), Options, FX products (Spot, Forwards), OTC Derivatives products across different asset classes
• Basic to moderate understanding of coding, execution and data aggregation platforms and languages (i.e. Python, Sql, Tableau, etc)
• Proven track record on execution based on constructive listening and collaboration to efficiently and complement the team’s efforts toward objectives
• Expertise in Microsoft Excel, Word, PowerPoint and familiarity with efficient AI prompts and training
• Strong organizational, control, project management, communication, and negotiation skills
• Ability to work independently with limited guidance

Preferred qualifications, skills, and capabilities

• Strong sense of accountability and ownership of responsibilities. Must be diligent and self-motivated
• Strong problem-solving abilities with the capability to challenge status quo, seek ways to do things more efficiently and effectively
• Highly confident and commercial - possess conviction to challenge and make a risk judgment, stick to it and be able to articulate reasoning behind it
• Excellent written and verbal communication skills - must be articulate and have ability to explain technical concepts to non-specialists; ability to adjust communication style for a variety of situations and be able to defend your stance, as needed
• Ability to think independently and innovate
• FRM, CFA preferred

 

JPMorganChase, 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, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarde