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

JPMorgan Chase & Co. • Plano, TX

11d

About The Position

As an Associate on JPMorganChase’s Commercial and Investment Bank Credit Risk Management Team, you will manage counterparty credit exposure for hedge funds and other alternative managers employing a range of investment strategies. You will analyze clients’ creditworthiness using quantitative and qualitative skills and manage exposure related to trading, clearing, prime brokerage, and custody activity. The team extends credit through traditional lending and market-based transactions.

The role involves assessing client creditworthiness, conducting due diligence and financial analysis, reviewing trading activity and margin requirements, setting exposure appetite, overseeing legal negotiations, and partnering with colleagues across the firm. You will also monitor market developments and industry trends, mentor or guide junior colleagues, and lead group-wide efficiency projects.

Requirements

• Undergraduate degree in finance or a related field.
• At least 3 years of professional work experience within financial services.
• Understanding of accounting and trading products, and an interest in markets.
• Strong interest in client interaction and outstanding verbal and written communication skills.
• Ability to multitask and perform well under pressure as part of a team in a demanding environment.
• High proficiency in Excel, PowerPoint, and Word.

Responsibilities

• Assess client creditworthiness and assign appropriate credit ratings.
• Perform customer due diligence and financial analysis, and summarize findings in written credit approval memos and reviews.
• Review and approve trading activity, including recommending margin requirements and structural enhancements.
• Set and communicate credit exposure appetite across trading products using internal exposure methodologies.
• Oversee legal negotiations for traded products.
• Serve as a principal contact and partner with colleagues in 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 their impact on client portfolios and strategies.
• Mentor or guide junior resources.
• Lead group-wide efficiency projects.

Benefits

• Competitive total rewards package, including base salary and, for eligible roles, commission-based pay and/or discretionary incentive compensation in cash and/or forfeitable equity.
• Comprehensive health care coverage.
• On-site health and wellness centers.
• Retirement savings plan.
• Backup childcare.
• Tuition reimbursement.
• Mental health support.
• Financial coaching.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level