Job Information
JPMorgan Chase Risk Management - Asset Management Alternatives Investment Risk - Vice President in New York, New York
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.
Asset Management Risk is a team of experienced quantitative and market risk oriented professionals responsible for developing and maintaining market, investment, liquidity and counterparty risk frameworks, analytics and reporting for the AM business. The team is seeking a risk professional with markets and ideally Alternatives experience to join the AM Investment Risk Team focusing on Alternatives. This position will be part of the team reporting to the AM Alternatives Risk Americas Lead and will work closely with the investment teams as well as other control functions.
As a Risk Management - Asset Management Alternatives Investment Risk - Vice President, your role will include proactive management of investment, liquidity and counterparty risk based on ongoing, informed, and educated market observations with a focus on Private Equity within the Alternatives business. You will provide investment, liquidity and counterparty risk oversight, market risk monitoring, exposure measurement and concentration identification, and assist in developing and enforcing risk and investment approval policies across the businesses.
Job Responsibilities
Measure, monitor and independently assess risks in investment activities, provide credible challenge and escalate issues/concerns to senior management
Monitor stress, performance, liquidity, and counterparty risk metrics against the thresholds and perform deep-dive risk analysis on the outliers
Work with broader team to implement risk frameworks for new products and businesses within Alternatives
Collaborate with investment, in-business and independent risk teams to develop and maintain understanding of risk profiles of funds and portfolios.
Enhance risk oversight processes, policies, and procedures for Investment, Liquidity and Counterparty Risk, ensuring compliance is maintained
Improve risk transparency and infrastructure for capturing risk exposures
Perform deep dives on emerging risk areas and potential impact to the business
Required qualifications, skills and capabilities
7+ years of experience in financial services industry related to trading, portfolio management, risk management, and/or investment risk across asset classes
Excellent analytical and problem-solving skills; inquisitive nature and comfortable in challenging current practices
Strong communication and interpersonal skills to be leveraged in communication with the business as well as presenting to senior management
Previous direct, hands-on experience with large initiatives; Capable of prioritizing deliverables to meet goals and to manage across a group of constituents
Undergraduate degree required
Knowledge of market risk methodologies such as VaR, stress and sensitivities
Strong quantitative skills
Preferred qualifications, skills and capabilities
Buy-side and alternatives experience preferred
Post graduate degree or additional certifications i.e. CFA, CAIA a plus
Familiarity with modeling and working knowledge of portfolio valuations and risk systems a plus
Prior experience with coding and data visualization tools such as Python, Alteryx, SQL & Tableau a plus
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
Base Pay/Salary
New York,NY $136,800.00 - $215,000.00 / year
JPMorgan Chase
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