Counterparty Credit Risk - Associate

Posted Yesterday
Be an Early Applicant
London, Greater London, England, GBR
Hybrid
Mid level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Assess and monitor client-level counterparty credit exposures, advise on complex deals, enhance exposure and margin methodologies, partner with Front Office, Credit, Technology, and Sales, and support regulatory, audit, and firm-wide risk projects.
Summary Generated by Built In

Be part of a team that plays a critical role in managing counterparty credit risk across global markets. You will work on exposure measurement, margin methodologies, and risk insights that directly impact business decisions. The role offers exposure to complex products and collaboration with stakeholders across Front Office, Credit, and Technology. You will contribute to enhancing risk frameworks and shaping how emerging risks are understood. This is an opportunity to develop deep expertise in counterparty risk within a dynamic environment.

As a Counterparty Credit Risk Associate in Counterparty Credit Coverage team, you will work closely with Credit Officers, Front Office, and Sales to assess client-level exposures and determine appropriate execution limits. You will maintain oversight of portfolio exposure by monitoring and escalating concentrated exposures, liquidity, and market risks. You will contribute to exposure methodologies, margin frameworks, and risk investigations, supporting informed decision-making across the business.


Job responsibilities

  • Keep abreast of industry initiatives around margin methodologies, providing insights on impact and enhancing transparency around emerging risks
  • Provide independent advice on counterparty credit exposure for new deals with complex structures, including explaining and challenging calculations by the first line of defense
  • Act as subject matter expert on counterparty credit exposure and risks, providing guidance on methodology releases, model limitations, and policy updates
  • Work with QR, Technology, Credit Officers, and stakeholders to review and enhance exposure methodologies and tools
  • Partner with Sales and Trading on development and rollout of counterparty credit exposure frameworks for new products or structures
  • Deliver on regulatory and audit matters as required
  • Manage and contribute to firm-wide projects related to counterparty credit exposure metrics and technical enhancements

Required qualifications, capabilities, and skills

  • Bachelor’s degree in Financial Engineering, Mathematics, Physics, Statistics, Engineering, Finance, and/or Economics
  • Experience in a risk, trading, valuation control, or quantitative research role, partnering with Front Office
  • Proficiency in MS Excel and familiarity with Bloomberg
  • Proficiency in coding (Python); experience with automation solutions such as Tableau and Alteryx 
  • Strong written and verbal communication skills, with ability to explain technical concepts to non-specialists
  • Ability to adapt communication style to different audiences and challenge appropriately
  • Strong accountability and ownership, with a risk mindset and confidence to articulate and challenge risk judgments

Preferred qualifications, capabilities, and skills

  • Experience in Market and/or Counterparty Credit Risk, particularly in margin, collateral, or exposure metrics
  • Knowledge of traded products, including derivatives across asset classes, securities, and financing
  • Working knowledge of internal systems and infrastructure is an advantage
About UsJ.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
  
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.
About the TeamJ.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. 

Skills Required

  • Bachelor's degree in Financial Engineering, Mathematics, Physics, Statistics, Engineering, Finance, or Economics
  • Experience in a risk, trading, valuation control, or quantitative research role partnering with Front Office
  • Proficiency in Microsoft Excel
  • Familiarity with Bloomberg
  • Proficiency in coding (Python)
  • Experience with automation solutions such as Tableau and Alteryx
  • Strong written and verbal communication skills, able to explain technical concepts to non-specialists
  • Ability to adapt communication style to different audiences and challenge appropriately
  • Strong accountability and ownership with a risk mindset and confidence to articulate and challenge risk judgments
  • Experience in Market and/or Counterparty Credit Risk, particularly in margin, collateral, or exposure metrics
  • Knowledge of traded products, including derivatives across asset classes, securities, and financing
  • Working knowledge of internal systems and infrastructure

JPMorganChase Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.

  • Healthcare Strength Medical, dental, vision, and mental health coverage are comprehensive, with on-site clinics, preventive care, and specialized supports such as maternity nurse guidance and fertility treatments. Wellness activities can help offset copays and out-of-pocket costs, reinforcing the perceived strength of health benefits.
  • Retirement Support A 401(k) with dollar-for-dollar matching and additional automatic pay credits reflect strong employer-backed retirement savings. An employee stock purchase plan and related financial programs further bolster long-term financial support.
  • Leave & Time Off Breadth Paid time off, sick time, holidays, and generous parental leave are provided alongside family medical leave and adoption/fertility assistance. Additional programs like caregiver support and volunteer time off expand the breadth of time-away options.

JPMorganChase Insights

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The Company
HQ: New York, NY
289,097 Employees
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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