Risk Management – Commercial & Investment Bank Credit Risk Hedge Funds - Vice President

JPMorgan Chase & Co.•New York, NY

6d•$109,250 - $240,000

About The Position

As a Hedge Funds Credit Risk Vice President on the Commercial and Investment Bank (CIB) Credit Risk Management team, you will manage exposure to North American based hedge funds and other alternative managers engaging across the spectrum of investment strategies. You will have responsibility for assessing the risk of a portfolio of hedge funds and determining credit risk appetite for client lending, trading, clearing, prime brokerage and custody activity. You will serve as the Credit Officer and primary coverage for those credit relationships.

Requirements

Bachelor's degree
Minimum 7 years' of professional work experience within financial services
Credit/Market risk experience required
Knowledge of Hedge Fund and or Asset Manager Industry
Strong understanding of financial products and market dynamics
Strong accounting and corporate finance skills
Strong interest in client interaction and possess outstanding verbal and written communication skills
Ability to perform well under pressure in a demanding environment
Highly proficient in Excel, PowerPoint, and Word

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
Serve as principal contact for and partner with colleagues from Sales & Trading, Prime Brokerage, Investor Client Management, Treasury & Security Services, Legal, Investment Banking Coverage, Syndicated & Leveraged Finance, Debt Capital Markets and Ratings Advisory
Assess creditworthiness of clients and assign appropriate credit ratings
Maintain updated credit research on a portfolio of clients
Demonstrate ability to mentor and guide junior resources
Participate in the ongoing coaching, training, development and delegation of work for junior staff to ensure deliverables and deadlines are met
Lead group wide efficiency projects