Risk Management - Credit Risk Vice President (Hedge Funds Coverage) - JPMorgan Chase
Plano, TX
About the Job
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 a Credit Risk Vice President on the Hedge Fund Credit Team, you will be responsible for assessing the risk of a portfolio of hedge funds and determining credit risk appetite for client lending and trading activity. You will serve as the Credit Officer and primary coverage for those credit relationships. Corporate & Investment Bank (CIB) Credit Risk Management is responsible for lending activities and related credit exposures. Our group is organized by geography with teams aligned by industry. The Hedge Funds Credit Risk Team manages exposure to North American based hedge funds engaging across the spectrum of investment strategies.
Job Responsibilities
+ 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
+ Assess creditworthiness of clients and assign appropriate credit ratings
+ Maintain updated credit research on a portfolio of clients
+ Partner with Sales & Trading, Prime Brokerage, Investor Client Management, Treasury & Security Services, Legal, IB Coverage, Syndicated & Leveraged Finance, Debt Capital Markets, and Ratings Advisory
+ Demonstrate ability to mentor/guide junior resources and delegate with appropriate guidance and ensure deadlines are understood and met
Required Qualifications, Capabilities and Skills
+ Bachelor's degree
+ 7 years of Credit / Market risk experience in financial services (investment banking or similar)
+ Knowledge of Hedge Fund and Asset Manager Industry
+ Strong accounting and corporate finance understanding
+ Strong interest in client interaction and possess outstanding verbal and written communication skills
+ Ability to perform well under pressure in a demanding environment
+ Candidates should be highly proficient in Excel, PowerPoint and Word
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
As a Credit Risk Vice President on the Hedge Fund Credit Team, you will be responsible for assessing the risk of a portfolio of hedge funds and determining credit risk appetite for client lending and trading activity. You will serve as the Credit Officer and primary coverage for those credit relationships. Corporate & Investment Bank (CIB) Credit Risk Management is responsible for lending activities and related credit exposures. Our group is organized by geography with teams aligned by industry. The Hedge Funds Credit Risk Team manages exposure to North American based hedge funds engaging across the spectrum of investment strategies.
Job Responsibilities
+ 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
+ Assess creditworthiness of clients and assign appropriate credit ratings
+ Maintain updated credit research on a portfolio of clients
+ Partner with Sales & Trading, Prime Brokerage, Investor Client Management, Treasury & Security Services, Legal, IB Coverage, Syndicated & Leveraged Finance, Debt Capital Markets, and Ratings Advisory
+ Demonstrate ability to mentor/guide junior resources and delegate with appropriate guidance and ensure deadlines are understood and met
Required Qualifications, Capabilities and Skills
+ Bachelor's degree
+ 7 years of Credit / Market risk experience in financial services (investment banking or similar)
+ Knowledge of Hedge Fund and Asset Manager Industry
+ Strong accounting and corporate finance understanding
+ Strong interest in client interaction and possess outstanding verbal and written communication skills
+ Ability to perform well under pressure in a demanding environment
+ Candidates should be highly proficient in Excel, PowerPoint and Word
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
Source : JPMorgan Chase
