Risk Management - Commercial & Investment Bank Credit Risk Hedge Funds - Vice President
About the role
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 Responsibilities
- 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
- Serve as the Credit Officer and primary coverage for those credit relationships
- Oversee legal negotiations for traded products
- Serve as 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
- Absess creditworthiness of clients and assign appropriate credit ratings
- Maintain updated credit research on a portfolio of clients
- Demonstrate ability to mentor and guide junior resources
- Participate in the ongoing coaching, training, development and delegation of work for junior staff to ensure deliverables and deadlines are met
- Lead group wide efficiency projects
Required Qualifications, Capabilities And Skills
- Bachelor's degree
- Minimum 7 years' of professional work experience within financial services
- Credit/Market risk experience required
- Knowledge of Hedge Fund and or Asset Manager Industry
- Strong understanding of financial products and market dynamics
- Strong accounting and corporate finance skills
- Strong interest in client interaction and possess outstanding verbal and written communication skills
- Ability to perform well under pressure in a demanding environment
- Highly proficient in Excel, PowerPoint, and Word
About Us
JPMorgan Chase, 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, 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.
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.