At a Glance
- Tasks: Manage counterparty credit risk and collaborate with teams across global markets.
- Company: Join J.P. Morgan, a leader in financial services with a focus on diversity and inclusion.
- Benefits: Gain exposure to complex products and enhance your skills in a dynamic environment.
- Other info: Opportunity to work with cutting-edge technology and contribute to firm-wide projects.
- 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 quantitative roles.
The predicted salary is between 63000 - 77000 £ 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.
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives. 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.
About The Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Counterparty Credit Risk - Associate employer: JPMorganChase
JPMorganChase is an exceptional employer, offering a dynamic work environment in Greater London where innovation thrives. With a strong commitment to diversity and inclusion, employees benefit from collaborative agile teams, extensive professional development opportunities, and the chance to work on cutting-edge technology products that shape the future of finance. Join us to be part of a culture that values your contributions and supports your growth.
StudySmarter Expert Advice🤫
We think this is how you could land Counterparty Credit Risk - Associate
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We think you need these skills to ace Counterparty Credit Risk - Associate
Some tips for your application 🫡
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How to prepare for a job interview at JPMorganChase
✨Brush Up on Financial Analysis Skills
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