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 Vice President in the APAC Counterparty Credit Risk team you will be responsible for counterparty risk measurement, monitoring (and escalating as appropriate) risks/exposures, ad hoc market risk analysis for credit team, Business and senior management. You will be part of the team analyzing portfolio risks for clients spanning from Hedge Funds, Corporates, Financial Institutions etc. as well as assessing Credit Support Agreement (CSA) terms and determining initial margin requirements. You will take ownership and maintenance of all credit exposure metrics (continuous adequacy assessment), all related stress/exposure calculation/reporting engines and their development priorities. Counterparty credit risk is an independent risk organization within Wholesale Credit Risk, which covers over-the-counter (OTC) Derivatives (cleared and non-cleared), Futures and Options, Securities financing, and Securities Prime Services, Central Counterparties and Commodities at a counterparty level. We may consider candidates with less experience for the Associate role if they have relevant experience.
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Job responsibilities
- Act as a subject matter expert on counterparty credit exposure/risks providing comprehensive portfolio risk analysis and client level risk management
- Be responsible for fostering outcomes in identifying, analyzing, monitoring, and reporting on inherent risks/special strategy within counterparty exposures as well as portfolio or trade level margin requirements
- Work closely with Business/Credit Risk/Other stakeholders on new client/trade onboarding and evaluate appropriate risk mitigations
- Formulate views on risks and be able to review and challenge business stakeholders' risk related questions
- Manage and contribute to firm-wide projects around key counterparty credit exposure metrics and technical enhancements
Required qualifications, capabilities, and skills
- Bachelor's degree
- Minimum of 8 years of experience in risk management, with strong risk sentiments and deep understanding of financial markets
- Highly confident and commercial - possess conviction to challenge and make a risk judgment, stick to it and be able to articulate reasoning behind it
- Experience in assessing exposures and margin requirements of derivative trades and portfolios, deep understanding of Hedge Fund strategies a plus
- 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
- Strong sense of accountability and ownership of responsibilities.
- Strong problem-solving abilities with the capability to challenge status quo, seek ways to do things more efficiently and effectively
- Exemplifies a strong ability to work efficiently and closely with others in a team
- Strong organizational, control, project management, communication, and negotiation skills
Preferred qualifications, capabilities, and skills
- Modeling skills in Excel (VBA), SQL, Tableau and Python a plus
ABOUT US
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
ABOUT THE TEAM
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.