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 strong culture of innovation.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Why this job: Make a real impact by driving risk management strategies in a dynamic environment.
- Qualifications: Proven leadership in counterparty risk management and strong analytical skills required.
- Other info: Collaborative culture focused on challenging the status quo and fostering growth.
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. 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.
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: Jpmorgan Chase & Co.
Contact Detail:
Jpmorgan Chase & Co. 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 researching JPMorgan Chase's culture and values. Show us how your experience aligns with their focus on risk management and compliance. Tailor your answers to highlight your leadership skills and problem-solving abilities.
✨Tip Number 3
Don’t just wait for job postings! Be proactive and apply through our website. Express your interest in specific roles, like the Counterparty Risk Director position, and let us know why you’re the perfect fit.
✨Tip Number 4
Follow up after interviews with a thank-you note. It’s a great way to reiterate your enthusiasm for the role and remind us of your key qualifications. Plus, it shows you’re genuinely interested in joining the team!
We think you need these skills to ace Asset & Wealth Management Counterparty Risk Director in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Asset & Wealth Management Counterparty Risk Director role. Highlight your leadership experience and expertise in counterparty risk management, as these are key for us at JPMorgan Chase.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of how you've driven collaboration and managed cross-functional teams in the past, as this aligns with our culture of teamwork.
Showcase Your Analytical Skills: In your application, don’t forget to showcase your analytical and problem-solving abilities. We want to see how you’ve tackled complex challenges in counterparty risk management and what strategies you used to overcome them.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. This way, you can ensure all your details are captured correctly and we can get back to you faster!
How to prepare for a job interview at Jpmorgan Chase & Co.
✨Know Your Stuff
Make sure you brush up on counterparty risk management frameworks and regulatory requirements. Familiarise yourself with JPMorgan Chase's specific practices and how they align with the broader financial landscape. This will show that you're not just knowledgeable but also genuinely interested in their operations.
✨Showcase Your Leadership Skills
Prepare examples of how you've successfully led cross-functional teams in the past. Think about challenges you've faced and how you overcame them. This is your chance to demonstrate your ability to drive collaboration and manage diverse teams effectively.
✨Be Ready for Technical Questions
Expect questions that dive deep into your understanding of financial trading activities and associated risks. Brush up on your analytical skills and be prepared to discuss how you've applied them in real-world scenarios, especially in relation to counterparty risk.
✨Engage with the Interviewers
Don't just answer questions; engage in a dialogue. Ask insightful questions about their current counterparty risk strategies and how they foresee changes in the regulatory landscape. This shows that you're proactive and ready to contribute to their thought leadership.