JP Morgan Chase & Co.

Risk Management - Commercial & Investment Bank Credit Risk Hedge Funds Associate

JP Morgan Chase & Co.$90K — $130K *
Plano, TX 75024In-Person
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree in finance or related field
  • Minimum 3 years of professional experience in financial services
  • Understanding of accounting and trading products
  • Strong interest in client interaction
  • Outstanding verbal and written communication skills
  • Ability to multi-task in a demanding environment
  • Highly proficient in Excel, PowerPoint, and Word

Responsibilities

  • Assess creditworthiness of clients and assign appropriate credit ratings
  • Perform customer due diligence and summarize findings in credit approval memos
  • Review and approve trading activity, recommending margin requirements
  • Set and communicate credit exposure appetite using internal methodologies
  • Oversee legal negotiations for traded products
  • Serve as the primary contact for various internal teams
  • Analyze market developments and their impact on client portfolios
  • Mentor and guide junior resources

Benefits

  • Opportunity to develop both quantitative and qualitative credit analysis skills
  • Exposure to a diverse client base in alternative investments
  • Collaboration with multiple internal teams across the organization
  • Participation in market-based transactions and traditional lending activities
  • Involvement in efficiency projects and mentoring opportunities
Full Job Description
JOB DESCRIPTION

As a Hedge Fund Credit Risk Associate on the Commercial and Investment (CIB) Credit Risk Management Team, you will be responsible for managing counterparty credit exposure to a client base consisting of hedge funds and other alternative managers employing a diverse set of investment strategies. You will develop quantitative and qualitative skills to analyze the creditworthiness of these clients and manage counterparty credit exposure associated with client trading, clearing, prime brokerage and custody activity. Our team is responsible for extending credit to counterparties through traditional lending activity and market based transactions.

Job Responsibilities

  • Assess creditworthiness of clients and assign appropriate credit ratings
  • Perform customer due diligence and financial analysis and summarize in written credit approval memos and reviews
  • Review and approve trading activity, including recommending margin requirements as well as structural enhancements
  • Set and communicate credit exposure appetite across trading products utilizing internal exposure methodologies
  • Oversee legal negotiations for traded products
  • Be principal contact for and partner with colleagues from Sales & Trading, Prime Brokerage, Investor Client Management, Treasury & Security Services, Legal, Investment Banking Coverage, Syndicated & Leveraged Finance, Debt Capital Markets, and Ratings Advisory
  • Understand market developments and industry trends and assess the impact on client portfolios and strategies
  • Demonstrate ability to mentor/guide junior resources
  • Lead group wide efficiency projects

Required Qualifications, Capabilities and Skills

  • Undergraduate degree in finance or related field
  • Minimum 3 years of professional work experience within financial services
  • An understanding of accounting, trading products and an interest in markets
  • Strong interest in client interaction and possess outstanding verbal and written communication skills
  • Ability to multi-task and perform well under pressure on teams in a demanding environment
  • Highly proficient in Excel, PowerPoint, and Word

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

Similar Jobs

More Jobs at JP Morgan Chase & Co.

More Finance & Insurance Jobs

Find similar Risk Management - Commercial & Investment Bank Credit Risk Hedge Funds Associate jobs: