JP Morgan Chase & Co.

Risk Management - Counterparty Credit Risk – Prime Brokerage Coverage Lead – Executive Director

JP Morgan Chase & Co. • $210K — $250K *
New York, NY 10017In-Person
Finance & Insurance
8 - 10 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 10 years of experience in risk management or counterparty credit risk
  • Strong understanding of financial markets and market impact assessment
  • Exceptional analytical and problem-solving abilities
  • Demonstrated ownership mindset and independence
  • Strong judgment for escalating issues professionally
  • Excellent written and verbal communication skills for senior presentations
  • Robust organizational and project management capabilities
  • Proficiency with large language model (LLM) and AI toolsets

Responsibilities

  • Lead Counterparty Credit Risk coverage for Prime Brokerage
  • Monitor and escalate counterparty exposures and stress vulnerabilities
  • Validate and escalate daily risk and exposure reporting
  • Serve as subject matter expert on Prime Brokerage margin methodologies
  • Review client margin requests and assess stress exposure adequacy
  • Maintain knowledge of Prime Brokerage clients and risk appetite
  • Monitor margin adequacy across top counterparties and portfolios
  • Apply stress analysis frameworks to manage exposures
  • Collaborate with stakeholders on exposure topics and policy enhancements
  • Contribute to firm initiatives on credit exposure metrics and reporting

Benefits

  • Comprehensive health insurance
  • Retirement savings plans with company match
  • Opportunities for ongoing professional development
  • Flexible work arrangement options
  • Performance-based bonuses
  • Generous paid time off policies
Full Job Description
JOB DESCRIPTION

As an Executive Director in the Counterparty Credit Risk team, you will play a key role in managing and mitigating counterparty credit risk across a diverse portfolio. You identify, analyze, and escalate exposures, validate risk reporting, and act as a subject matter expert on margin methodologies and processes. You partner with Credit Officers, Sales and Trading, Market Risk, and senior management to ensure robust risk governance and timely escalation. You help us strengthen risk controls, challenge assumptions, and drive improvements in exposure metrics and reporting.

Job responsibilities:

  • Act as Counterparty Credit Risk coverage lead supporting Prime Brokerage
  • Identify, analyze, monitor, and escalate counterparty exposures, including concentrations and stress vulnerabilities
  • Validate daily risk and exposure reporting, escalating concerns to Credit Officers, senior management, and the front office
  • Serve as subject matter expert on Prime Brokerage margin methodologies, processes, and supporting systems
  • Review client margin requests, assess adequacy versus stress exposures, and provide recommendations for approval
  • Maintain strong knowledge of Prime Brokerage clients and business activity, formulating risk appetite views and challenging risk requests
  • Monitor margin adequacy and risk across top Prime Brokerage counterparties and portfolios
  • Apply Counterparty Stress Analysis framework to analyze and monitor exposures
  • Partner with business and risk stakeholders on exposure topics, methodology releases, model limitations, and policy enhancements
  • Contribute to firmwide initiatives related to counterparty credit exposure metrics, reporting, and technical enhancements

Required qualifications, capabilities, and skills:

  • 10 years of experience in risk management and/or counterparty credit risk, including exposure monitoring, margining, stress analysis, and risk governance
  • Strong understanding of financial markets and ability to assess the impact of market moves on counterparty exposures
  • Strong analytical and problem-solving skills, with ability to synthesize complex data into clear risk conclusions and recommendations
  • Proven ownership mindset with ability to operate independently in a dynamic environment
  • Strong judgment and ability to challenge assumptions and escalate issues with clarity and professionalism
  • Excellent written and verbal communication skills, including experience presenting to senior stakeholders
  • Strong organizational and project management skills, with ability to manage multiple priorities under tight deadlines
  • Proficiency in using large language model (LLM) and AI toolsets
  • Experience in risk management and/or counterparty credit risk, including exposure monitoring, margining, stress analysis, and risk governance (Prime Brokerage Risk Management preferred)

Preferred qualifications, capabilities, and skills:

  • Experience in risk management and/or counterparty credit risk, including exposure monitoring, margining, stress analysis, and risk governance (Prime Brokerage Risk Management preferred)

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
Finance & Insurance
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ
CCF
* Ladders Estimates

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