Counterparty Credit Risk is an independent risk organization within Wholesale Credit Risk, covering OTC Derivatives (cleared and non-cleared), Futures and Options, Securities Financing and Securities Prime Services, CCPs and Commodities at a counterparty level. Overall group responsibilities include, but are not limited to, Counterparty Risk Measurement, monitoring (and escalating as appropriate) of those risks/exposures, ad hoc risk investigations and analyses for credit officers, sales and senior management, Assessment of CSA terms adequacy, determination of initial margin requirements including corresponding eligible collateral and valuations where applicable, ownership and maintenance of all credit exposure metrics (continuous adequacy assessment), all related exposure calculation/reporting engines and their development agendas and priorities.

Job Responsibilities

• Identify, analyze, monitor, and report on risks within counterparty exposures for material hedge fund clients
• Formulate in-depth knowledge of the top hedge fund clients and develop views around product risk appetite and be able to review and challenge business stakeholders' risk related questions
• Perform ad-Hoc and periodic risk reviews, including, but not limited to, scenario stress testing and sensitivity analysis
• Enhance / develop / maintain tools and/or risk reports to identify and monitor risks for top clients closely.
• Work with QR, Technology, Credit Officer and other stakeholders to continuously review and enhance exposure methodologies and tools, as required pertaining to coverage of the material hedge fund clients
• Manage and contribute to firm-wide projects around key counterparty credit exposure metrics & technical enhancements
• Work closely with CCR regional coverage teams and Front Office/Credit Risk/Operations team to review client requests (e.g., margin, limits, etc) for new and existing clients to the platform

Required qualifications, capabilities and skills

• Bachelor's degree Finance, Economics, Mathematics, Computer Sciences, or related area
• Knowledge of counterparty/liquidity/market risk originated from Equity prime brokerage, Futures and Options and OTC cleared and bilateral derivatives products across asset classes (Equity, IR, Credit, FX and Commodities)
• Strong organizational, control, project management, communication, presentation, and negotiation skills
• Highly motivated with a natural propensity to learn and an inquisitive personality
• Strong problem-solving abilities with the capability to challenge status quo, looking for ways to do things more efficiently and effectively
• Strong interpersonal skills and an ability to work well independently, as well as in a team environment
• Strong analytical skills with good attention to detail and a demonstrated aptitude for tackling analytical issues through quantitative modelling and assimilation of data into a working product
• Ability to perform well under pressure in a demanding environment managing multiple tasks at the same time
• Expertise in Microsoft Excel, Word, PowerPoint

Preferred qualifications, capabilities and skills

• Modeling skills in Excel (VBA), Tableau, SQL and Python a plus
• Relevant market risk or credit risk experience a plus

ABOUT US

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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

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.