Risk Management- Counterparty Credit Risk - Vice President

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.

As a Vice President in Counterparty Credit Risk within Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient.

You help us grow our 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 is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

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


* Drive outcomes in identifying, analyzing, monitoring, and reporting on inherent 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


* 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


* Contribute to firm-wide projects around key counterparty credit exposure metrics & technical enhancements

Required qualifications, capabilities and skills


* Minimum of 5 years in risk management/quantitative financing/trading fields


* In-depth understanding of counterparty/liquidity/market risk originated from Equity prime brokerage, Futures and Options and OTC cleared an...