Risk Management - Counterparty Credit Risk Associate - Prime Brokerage Coverage

Job Description
Bring your experise to JPMorganChase. As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase 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 Counterparty Credit Risk Associate, on the Prime Brokerage Coveage team, you will be a key player in managing and mitigating counterparty credit risk. You will assess market trends, validate risk reports and serve as a subject matter expert on Prime Brokerage margining methodology. Counterparty Credit Risk is an independent risk organization within Wholesale Credit Risk, covering OTC Derivatives (cleared and non-cleared), Futures and Options, Securities Financing and Securities Prime Services, CCPs and Commodities at a counterparty level.
Job Responsibilities

• Serve as a key team member supporting Prime Brokerage Risk Coverage.
• Identify, analyze, monitor and escalate counterparty exposures within Prime Brokerage.
• Validate daily risk reports and escalate potential risk concerns to credit officers, senior risk managers and the front office.
• Act as the Subject Matter Expert on Prime Brokerage margining methodology and systems.
• Analyze client margining requests, assess margin adequacy against stress exposures and potential risks and make recommendations for approval.
• Develop in-depth knowledge of prime brokerage clients and formulate views on product risk appetite, reviewing and challenging business stakeholders' risk-related questions.
• Monitor risk and margin adequacy across top Prime Brokerage clients.
• Develop a strong understanding of the firm's Counterparty Stress Analysis Framework and apply it to analyze and monitor counterparty exposures within Prime Brokerage.
• Manage and contribute to firm-wide projects around key counterparty credit exposure metrics and technical enhancements.
• Assist in the Credit Agenda to proactively develop and integrate new technology into the team's workflow and processes.

Required qualifications, capabilities and skills

• Minimum 1 year of professional experience in risk management, quantitative financing or trading fields.
• Knowledge of markets and ability to assess the impact of market trends on client exposures.
• Strong analytical skills with the ability to work with complex data to make risk recommendations.
• Motivated with a strong sense of ownership of the team's mandate.
• Excellent writing, presentation, and communication skills, along with organizational, project management, control, and negotiation expertise.
• Ability to perform well under pressure in a demanding environment managing multiple tasks simultaneously.
• Expertise in Microsoft Excel, Word, PowerPoint, and familiarity with efficient AI prompts and training.
• Basic to moderate proficiency in coding, execution, and data aggregation platforms and languages (e.g., Python, R, Tableau).

About Us
JPMorganChase, 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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.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.