At a Glance
- Tasks: Join JPMorgan Chase's Counterparty Risk team to analyse and manage credit risk.
- Company: Be part of a leading global financial institution with a strong risk management culture.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Why this job: Make a real impact in risk management while collaborating with top industry professionals.
- Qualifications: Relevant experience in Counterparty or Market Risk and a degree in a related field.
- Other info: Dynamic role with exposure to regulatory processes and global stakeholders.
The predicted salary is between 36000 - 60000 £ per year.
Are you ready to be at the forefront of risk management and compliance at JPMorgan Chase? As part of our Counterparty Risk team, you will play a crucial role in identifying, measuring, and analyzing counterparty credit risk matters related to our market activities. This London-based Associate role offers a unique opportunity to contribute to regulatory exams, stress testing, and risk management across EMEA and other regions, working with key stakeholders and regulators globally.
As a Counterparty Risk Associate in the Counterparty Risk team, you will support the team’s mandate across CCR risk management, regulatory exams, ICAAP, and regulatory CCR stress testing. You will build and maintain CRR risk monitoring frameworks, contribute to regulatory examinations, and support counterparty risk stress testing exercises. This role requires collaboration with stakeholders such as CROs, risk teams, Credit Officers, and Technology partners.
We seek candidates with a strong background in Counterparty or Market Risk, who are excited to join our organization and contribute to our best-in-class risk management culture.
Job responsibilities- Build and maintain CRR risk monitoring frameworks tailored to local legal entity needs.
- Monitor baseline CCR risk and capital concentrations, trends, stress behaviour, and impacts on limits/risk appetite.
- Contribute to regulatory examinations and interactions, preparing analysis and responses to regulators.
- Support ICAAP processes, including CCR capital stress testing and stress scenario design.
- Complete counterparty risk stress testing exercises mandated by regulators.
- Establish strong working relationships with stakeholders.
- Relevant experience in Counterparty Risk or Market Risk at a top-tier investment bank.
- Bachelor’s degree in Financial Engineering, Mathematics, Physics, Statistics, Engineering, Finance, or Economics.
- Experience in building and maintaining risk measurement and monitoring frameworks.
- Good understanding of derivatives, Futures and Options, Margin Lending, and Securities Financing products.
- Understanding of quantitative concepts relating to CCR exposures, PFE, risk sensitivity, and stress testing.
- Experience in analyzing regulatory rules and conducting compliance assessments.
- Ability to communicate analysis results clearly and succinctly to stakeholders.
- Experience working in SLA-driven environments with the ability to manage dependencies.
- Experience interacting with regulators or working on regulatory submissions.
- Knowledge of capital rules for CCR (IMM and SA-CCR) preferred.
- Programming skills in Python (NumPy library) and visualization skills (Tableau) are advantageous.
- Experience in ICAAP, Capital Management, or Regulatory Capital reporting strongly preferred.
- Experience in Credit Risk, Trading, or Trading Middle Office functions.
- Master’s degree, CFA, CQF, or FRM designations.
Counterparty Risk - Associate employer: Jpmorgan Chase & Co.
Contact Detail:
Jpmorgan Chase & Co. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Counterparty Risk - Associate
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to folks on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Ace the Interview
Prepare for your interviews by researching common questions related to Counterparty Risk and brushing up on your technical knowledge. We recommend practising with a friend or using mock interview platforms to build your confidence and nail those tricky questions.
✨Showcase Your Skills
When you get the chance to meet potential employers, don’t hold back! Share your experiences and how they relate to the role. We want to see your passion for risk management and compliance shine through, so be ready to discuss your relevant projects and achievements.
✨Apply Through Our Website
Don’t forget to check out our website for the latest job openings! Applying directly through our site can give you an edge, as we often prioritise candidates who show genuine interest in our organisation. Let’s get you on board!
We think you need these skills to ace Counterparty Risk - Associate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Counterparty Risk role. Highlight your relevant experience in risk management, especially any work with regulatory exams or stress testing. We want to see how your background aligns with what we do at StudySmarter!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're excited about the role and how your skills can contribute to our team. Be sure to mention any specific experiences that relate to counterparty or market risk.
Showcase Your Analytical Skills: Since this role involves a lot of analysis, make sure to highlight your analytical skills in your application. Whether it's through your education or past job experiences, we want to see how you approach problem-solving and data interpretation.
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Jpmorgan Chase & Co.
✨Know Your Risk Management Basics
Make sure you brush up on your understanding of counterparty and market risk concepts. Be ready to discuss derivatives, stress testing, and regulatory frameworks. This will show that you’re not just familiar with the terms but can apply them in real-world scenarios.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical abilities by discussing past experiences where you built or maintained risk measurement frameworks. Use specific examples to illustrate how you’ve contributed to regulatory examinations or stress testing exercises.
✨Build Relationships in Your Answers
Since this role involves collaboration with various stakeholders, be prepared to talk about how you’ve established strong working relationships in previous roles. Highlight any experience you have interacting with regulators or cross-functional teams.
✨Communicate Clearly and Confidently
Practice explaining complex concepts in a clear and concise manner. You’ll need to communicate analysis results to stakeholders, so being able to articulate your thoughts effectively will set you apart. Consider doing mock interviews to refine your delivery.