Asset & Wealth Management Counterparty Risk Director in London
Asset & Wealth Management Counterparty Risk Director

Asset & Wealth Management Counterparty Risk Director in London

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead a team in managing counterparty risk for Asset and Wealth Management.
  • Company: Join JPMorgan Chase, a leader in financial services with a focus on innovation.
  • Benefits: Competitive salary, health benefits, and opportunities for professional growth.
  • Why this job: Make a real impact by driving risk management strategies in a dynamic environment.
  • Qualifications: Leadership experience and expertise in counterparty risk management required.
  • Other info: Collaborative culture with a focus on challenging the status quo.

The predicted salary is between 43200 - 72000 £ per year.

Join JPMorgan Chase Asset and Wealth Management (AWM) as a Team Lead in Counterparty Risk, driving thought leadership and collaboration within your cross-functional team to ensure comprehensive counterparty risk management practices across Asset and Wealth Management businesses.

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 the Asset and Wealth Management (AWM) International Counterparty Risk Team Lead, you will lead and manage the counterparty risk functions within Asset Management (AM) and Wealth Management (WM) Counterparty Risk, as well as WM Counterparty Credit Risk. Your expertise in Firmwide, Wholesale Credit, and AWM counterparty risk management frameworks, governance, and regulatory requirements will be crucial as you contribute to the development of AWM Counterparty Risk organizational strategy. You will foster collaboration across counterparty risk team members and serve a key function in overseeing compliance with wholesale policy and any AWM-specific framework documentation standards and guidelines.

Job Responsibilities

  • Lead and manage team responsible for AM and WM Counterparty Risk, overseeing compliance with end-to-end counterparty governance frameworks, with a focus on international clients, counterparties and business areas.
  • Drive the consolidation and alignment of AWM Counterparty risk functions.
  • Collaborate with cross-functional teams, including Wholesale Credit and AM/WM Investment Risk teams to ensure comprehensive and consistent risk management practices.
  • Oversee counterparty risk exposure trends, thresholds / limit frameworks, and policies / guidelines / procedures applicable to AWM clients and counterparties.
  • Lead strategic counterparty initiatives, driving the technology agenda for infrastructural change and exposure connectivity across business and risk systems.
  • Provide credit risk oversight during the negotiation of ISDA Master Agreements, Credit Support documentation, and other legal contracts with counterparties by collaborating closely with legal and business teams to ensure that counterparty and credit risk considerations are accurately and comprehensively reflected in contractual terms.
  • Present counterparty risk topics, framework updates, strategies, and methodologies in risk committees and forums, engaging with senior stakeholders across Asset Management and Wealth Management to communicate risk exposures, mitigation strategies, and provide credible 2nd Line of Defense challenge.
  • Engage on new business initiatives by providing guidance on counterparty risk requirements and participating in due diligence meetings for client accounts.
  • Support control agendas across AWM internal and external audits and control reviews.
  • Ensure compliance with regulatory capital and stress testing requirements, framework development and ownership determination, provide inputs for firmwide submissions, and ensure compliance with developing Asset Management regulatory requirements for Funds, Investment Advisors, and all other Fiduciary roles.

Required Qualifications, Capabilities, and Skills

  • Demonstrated leadership skills with the ability to manage cross-functional teams.
  • Extensive experience in counterparty risk management within financial institutions.
  • Strong understanding of financial trading activities and associated risks.
  • Familiarity with counterparty risk frameworks and regulatory compliance.
  • Experience negotiating legal documentation.
  • Excellent analytical and problem-solving abilities.
  • Strong communication and interpersonal skills.

Preferred Qualifications, Capabilities, and Skills

  • Experience in Asset and Wealth Management.
  • Proven ability to manage high-performing teams through transformation.
  • Development of data reporting and new metric creation.
  • Technical understanding of Asset Management regulatory requirements across fund types and jurisdictions.
  • Familiarity with AWM-specific framework documentation standards and guidelines.

Asset & Wealth Management Counterparty Risk Director in London employer: J.P. Morgan

At JPMorgan Chase, we pride ourselves on being an exceptional employer, particularly within our Asset and Wealth Management division. Our collaborative work culture fosters innovation and encourages employees to challenge the status quo, while our commitment to professional development ensures that you will have ample opportunities for growth and advancement. Located in a dynamic financial hub, we offer competitive benefits and a supportive environment where your expertise in counterparty risk management will be valued and impactful.
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Contact Detail:

J.P. Morgan Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Asset & Wealth Management Counterparty Risk Director in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance world, especially those in Asset and Wealth Management. A friendly chat can lead to insider info about job openings or even a referral.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of counterparty risk management frameworks. Be ready to discuss how you can drive strategic initiatives and collaborate with cross-functional teams.

✨Tip Number 3

Showcase your leadership skills! Think of examples where you've successfully managed teams or led projects. This will help you stand out as a candidate who can drive thought leadership at JPMorgan Chase.

✨Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're serious about joining the team at JPMorgan Chase.

We think you need these skills to ace Asset & Wealth Management Counterparty Risk Director in London

Leadership Skills
Counterparty Risk Management
Regulatory Compliance
Financial Trading Activities Understanding
Negotiation Skills
Analytical Skills
Problem-Solving Abilities
Communication Skills
Interpersonal Skills
Cross-Functional Team Management
Data Reporting Development
Metric Creation
Technical Understanding of Regulatory Requirements
Familiarity with AWM Framework Documentation Standards

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Asset & Wealth Management sector. Highlight your experience in counterparty risk management and any leadership roles you've held. We want to see how your skills align with what we’re looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about counterparty risk and how your expertise can contribute to our team. Keep it engaging and relevant to the job description.

Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you’ve driven change or improved processes in previous roles. We love seeing quantifiable results that demonstrate your impact.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for the role. Let’s get started on this journey together!

How to prepare for a job interview at J.P. Morgan

✨Know Your Risk Management Frameworks

Make sure you brush up on your knowledge of counterparty risk management frameworks and regulatory requirements. Be ready to discuss how these frameworks apply to both Asset Management and Wealth Management, as well as any recent changes in regulations that could impact the role.

✨Showcase Your Leadership Skills

Prepare examples that highlight your leadership experience, especially in managing cross-functional teams. Think about specific challenges you've faced and how you successfully led your team through them, demonstrating your ability to drive collaboration and strategic initiatives.

✨Understand the Business Landscape

Familiarise yourself with JPMorgan Chase's Asset and Wealth Management business model. Be prepared to discuss how counterparty risk management fits into their overall strategy and how you can contribute to their goals, particularly in relation to international clients and counterparties.

✨Communicate Effectively

Practice articulating complex risk concepts in a clear and concise manner. You’ll likely need to present risk topics to senior stakeholders, so being able to communicate effectively and engage your audience will be key. Consider rehearsing with a friend or mentor to refine your delivery.

Asset & Wealth Management Counterparty Risk Director in London
J.P. Morgan
Location: London

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