Wealth Management, Derivatives Risk Management, Vice President
About the role
The Wealth Management division of JPMorgan Chase & Co. is part of the Asset & Wealth Management business segment. It has offered for over 200 years customized solutions and client service of the highest quality to solve the complex needs of wealthy individuals and their families around the world.
The Private Bank's global cross‑asset OTC Derivatives and Structured Products business is a microcosm of the Investment Bank's Markets trading business, with several specialist trading sub‑businesses and coverage for a diverse array of products including complex/exotic and bespoke offerings, meeting the needs of a broad private banking client base. Supporting client derivatives trading and structured solutions activity it faces market risk and counterparty credit risk, alongside specific private banking client dynamics, such as esoteric margining & collateral scenarios and potential for wrong‑way, concentrated or correlated risk positioning. As a Derivatives Risk Management, Vice President (VP), you will lead first‑line Derivatives risk management for the Private Bank's global cross‑asset OTC Derivatives and Structured Products business. The role is a first‑line risk management position embedded in the business. It provides business‑aligned risk decision support, trade risk modelling/pricing, control, monitoring and escalation, and partners closely with independent risk and control functions. The role strengthens the business' first‑line risk capability and ensures robust engagement, mitigation and governance outcomes. The role is expected to be hands‑on (Risk modelling, analytics, triage, MI) as well as able to distil complex topics into insightful & impactful materials for senior stakeholders and governance forums.
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.
J.P. Morgan Asset & Wealth Management delivers industry‑leading investment management and private banking solutions. Asset Management provides individuals, advisors and