JP Morgan Chase & Co.

Securities Services - Exposure Management - Associate

JP Morgan Chase & Co.$80K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Statistics, Business Analytics, Computer Science, or Mathematics; preferably from a top-tier institution.
  • Basic knowledge of securities markets and their influencing factors.
  • Strong problem-solving ability with efficient data processing skills.
  • Advanced proficiency in Microsoft Excel and PowerPoint; programming skills (Python, VBA, R, SQL, or Java) are advantageous.
  • Excellent relationship-building and communication skills, both verbal and written.
  • Ability to prioritize and manage multiple tasks in a team-oriented environment.
  • Strong quantitative skills with an understanding of risk and pricing models.

Responsibilities

  • Foster a risk-aware culture that emphasizes information sharing and compliance.
  • Lead projects to enhance exposure reporting and process improvements.
  • Analyze market trends and their impact on trading desk activities, sharing insights with global teams.
  • Review and oversee proposed trades and client meetings to ensure risk management standards are met.
  • Ensure compliance with security trading mandates across various risks.
  • Conduct daily exposure reviews and compliance checks against risk limits.
  • Regularly liaise with trading desks, product teams, and risk management to maintain effective communication.

Benefits

  • Comprehensive health care coverage.
  • On-site health and wellness centers for employees.
  • Retirement savings plan to secure financial futures.
  • Backup childcare assistance for working families.
  • Tuition reimbursement for continued education.
  • Mental health support options available for employees.
  • Financial coaching to aid in personal financial management.
Full Job Description
Job Description

As an Associate in Exposure Management, you will play a critical role in overseeing and analyzing exposures for the Global Securities Services group, with a primary focus on the North America business. You'll work closely with trading desks and risk teams, ensuring robust risk culture, compliance, and effective communication across regions and products. This is an opportunity to make a direct impact on the firm's risk management and client service.

Job responsibilities:
  • Develop a healthy risk culture with the desk that fosters information sharing, awareness of firm policies, and escalation of key issues.
  • Manage multiple projects focused on the development and continued improvement of exposure reporting and processes.
  • Monitor and analyze market trends and movements, relate them to desk activities, and share insights with the global team.
  • Review proposed trades, participate in client prospect meetings, and ensure sufficient capitalization for exposures taken in each transaction.
  • Ensure compliance with mandates for Security Services trading desks, including Contingent Market, Basis, Fiduciary, Credit, Liquidity, and Operational Risks.
  • Conduct daily reviews of trading desk exposures, significant changes, compliance with risk limits, and stress results.
  • Communicate regularly with Trading Desks, Product colleagues, Quant Research, Credit Risk Officers, Risk Management, Product Control, Product Development, and Technology.

Required qualifications, capabilities, and skills:
  • Bachelor's degree in Finance, Economics, Statistics, Business Analytics, Computer Science, or Mathematics; Top Tier College or University a plus.
  • Basic knowledge of securities markets and how these instruments are impacted by various market factors.
  • Ability to troubleshoot and problem solve, process large amounts of data efficiently, and understand the context and implications of the work.
  • Advanced Microsoft Excel and PowerPoint skills; ability to program (e.g., Python, VBA, R, SQL, or Java) a plus.
  • Strong relationship building, presentation, written and oral communication skills.
  • Ability to multi-task, prioritize, meet challenging deadlines, and work well in a team environment.
  • Strong quantitative background and understanding of risk and/or pricing models.

Preferred qualifications, capabilities, and skills:
  • Experience with exposure management or risk/reward analysis in a financial services environment.
  • Familiarity with securities lending, repo transactions, derivatives, FX, and money market products.
  • Ability to create actionable insights and drive process improvements.
  • Experience working with cross-functional and global teams.


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.

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.

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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.

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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

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