At a Glance
- Tasks: Manage counterparty credit risk and collaborate with teams across global markets.
- Company: Join J.P. Morgan, a global leader in financial services.
- Benefits: Competitive salary, diverse culture, and opportunities for professional growth.
- Other info: Dynamic environment with a focus on diversity and inclusion.
- Why this job: Develop expertise in counterparty risk while making impactful business decisions.
- Qualifications: Bachelor’s degree in relevant fields and experience in risk or trading roles.
The predicted salary is between 59400 - 72600 £ per year.
Be part of a team that plays a critical role in managing counterparty credit risk across global markets. You will work on exposure measurement, margin methodologies, and risk insights that directly impact business decisions. The role offers exposure to complex products and collaboration with stakeholders across Front Office, Credit, and Technology. You will contribute to enhancing risk frameworks and shaping how emerging risks are understood. This is an opportunity to develop deep expertise in counterparty risk within a dynamic environment.
As a Counterparty Credit Risk Associate in the Counterparty Credit Coverage team, you will work closely with Credit Officers, Front Office, and Sales to assess client-level exposures and determine appropriate execution limits. You will maintain oversight of portfolio exposure by monitoring and escalating concentrated exposures, liquidity, and market risks. You will contribute to exposure methodologies, margin frameworks, and risk investigations, supporting informed decision-making across the business.
Job responsibilities
- Keep abreast of industry initiatives around margin methodologies, providing insights on impact and enhancing transparency around emerging risks.
- Provide independent advice on counterparty credit exposure for new deals with complex structures, including explaining and challenging calculations by the first line of defense.
- Act as subject matter expert on counterparty credit exposure and risks, providing guidance on methodology releases, model limitations, and policy updates.
- Work with QR, Technology, Credit Officers, and stakeholders to review and enhance exposure methodologies and tools.
- Partner with Sales and Trading on development and rollout of counterparty credit exposure frameworks for new products or structures.
- Deliver on regulatory and audit matters as required.
- Manage and contribute to firm-wide projects related to counterparty credit exposure metrics and technical enhancements.
Required qualifications, capabilities, and skills
- Bachelor’s degree in Financial Engineering, Mathematics, Physics, Statistics, Engineering, Finance, and/or Economics.
- Experience in a risk, trading, valuation control, or quantitative research role, partnering with Front Office.
- Proficiency in MS Excel and familiarity with Bloomberg.
- Proficiency in coding (Python); experience with automation solutions such as Tableau and Alteryx.
- Strong written and verbal communication skills, with ability to explain technical concepts to non-specialists.
- Ability to adapt communication style to different audiences and challenge appropriately.
- Strong accountability and ownership, with a risk mindset and confidence to articulate and challenge risk judgments.
Preferred qualifications, capabilities, and skills
- Experience in Market and/or Counterparty Credit Risk, particularly in margin, collateral, or exposure metrics.
- Knowledge of traded products, including derivatives across asset classes, securities, and financing.
- Working knowledge of internal systems and infrastructure is an advantage.
Counterparty Credit Risk - Associate employer: JP Morgan Chase
At J.P. Morgan, we pride ourselves on being an exceptional employer, particularly within our Global Financial Crimes Compliance team in EMEA. Our commitment to diversity and inclusion fosters a collaborative work culture where employees are empowered to grow and develop their skills in a dynamic environment. With access to comprehensive training and the opportunity to engage with a wide range of financial services, you will find meaningful and rewarding career advancement in a company that values your contributions.
