What are the responsibilities and job description for the Risk Management - Asset Management Alternatives Investment Risk - Vice President position at JPMorgan Chase?
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.
Asset Management Risk is a team of experienced quantitative and market risk oriented professionals responsible for developing and maintaining market, investment, liquidity and counterparty risk frameworks, analytics and reporting for the AM business. The team is seeking a risk professional with markets and ideally Alternatives experience to join the AM Investment Risk Team focusing on Alternatives. This position will be part of the team reporting to the AM Alternatives Risk Americas Lead and will work closely with the investment teams as well as other control functions.
As a Risk Management - Asset Management Alternatives Investment Risk - Vice President, your role will include proactive management of investment, liquidity and counterparty risk based on ongoing, informed, and educated market observations with a focus on Private Equity within the Alternatives business. You will provide investment, liquidity and counterparty risk oversight, market risk monitoring, exposure measurement and concentration identification, and assist in developing and enforcing risk and investment approval policies across the businesses.
Job Responsibilities
- Measure, monitor and independently assess risks in investment activities, provide credible challenge and escalate issues/concerns to senior management
- Monitor stress, performance, liquidity, and counterparty risk metrics against the thresholds and perform deep-dive risk analysis on the outliers
- Work with broader team to implement risk frameworks for new products and businesses within Alternatives
- Collaborate with investment, in-business and independent risk teams to develop and maintain understanding of risk profiles of funds and portfolios.
- Enhance risk oversight processes, policies, and procedures for Investment, Liquidity and Counterparty Risk, ensuring compliance is maintained
- Improve risk transparency and infrastructure for capturing risk exposures
- Perform deep dives on emerging risk areas and potential impact to the business
Required qualifications, skills and capabilities
- 7 years of experience in financial services industry related to trading, portfolio management, risk management, and/or investment risk across asset classes
- Excellent analytical and problem-solving skills; inquisitive nature and comfortable in challenging current practices
- Strong communication and interpersonal skills to be leveraged in communication with the business as well as presenting to senior management
- Previous direct, hands-on experience with large initiatives; Capable of prioritizing deliverables to meet goals and to manage across a group of constituents
- Undergraduate degree required
- Knowledge of market risk methodologies such as VaR, stress and sensitivities
- Strong quantitative skills
Preferred qualifications, skills and capabilities
- Buy-side and alternatives experience preferred
- Post graduate degree or additional certifications i.e. CFA, CAIA a plus
- Familiarity with modeling and working knowledge of portfolio valuations and risk systems a plus
- Prior experience with coding and data visualization tools such as Python, Alteryx, SQL & Tableau a plus
