Risk Management - Commercial & Investment Bank Credit Risk Hedge Funds Asso at JPMC Candidate Experience page

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

19 Jun, 26

Salary

150000.0

Posted On

21 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Risk Management, Counterparty Exposure Management, Creditworthiness Assessment, Financial Analysis, Credit Ratings, Customer Due Diligence, Trading Activity Review, Margin Requirements, Legal Negotiations, Market Developments, Industry Trends, Mentoring, Excel, PowerPoint, Word

Industry

Financial Services

Description

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 Hedge Fund Credit Risk Associate on the Commercial and Investment (CIB) Credit Risk Management Team, you will be responsible for managing counterparty credit exposure to a client base consisting of hedge funds and other alternative managers employing a diverse set of investment strategies. You will develop quantitative and qualitative skills to analyze the creditworthiness of these clients and manage counterparty credit exposure associated with client trading, clearing, prime brokerage and custody activity. Our team is responsible for extending credit to counterparties through traditional lending activity and market based transactions. Job Responsibilities * Assess creditworthiness of clients and assign appropriate credit ratings * Perform customer due diligence and financial analysis and summarize in written credit approval memos and reviews * Review and approve trading activity, including recommending margin requirements as well as structural enhancements * Set and communicate credit exposure appetite across trading products utilizing internal exposure methodologies * Oversee legal negotiations for traded products * Be principal contact for and partner with colleagues from Sales & Trading, Prime Brokerage, Investor Client Management, Treasury & Security Services, Legal, Investment Banking Coverage, Syndicated & Leveraged Finance, Debt Capital Markets, and Ratings Advisory * Understand market developments and industry trends and assess the impact on client portfolios and strategies * Demonstrate ability to mentor/guide junior resources * Lead group wide efficiency projects Required Qualifications, Capabilities and Skills * Undergraduate degree in finance or related field * An understanding of accounting, trading products and an interest in markets * Strong interest in client interaction and possess outstanding verbal and written communication skills * Ability to multi-task and perform well under pressure on teams in a demanding environment * Highly proficient in Excel, PowerPoint and Word 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, awarded in recognition of 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 [https://careers.jpmorgan.com/us/en/how-we-hire/faqs] for more information about requesting an accommodation. JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans 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.

Responsibilities

The Associate will manage counterparty credit exposure for hedge funds and alternative managers, developing skills to analyze creditworthiness for trading, clearing, prime brokerage, and custody activities. Responsibilities include assessing creditworthiness, performing due diligence, reviewing trading activity, setting exposure appetite, and overseeing legal negotiations.