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Corporate Risk - Credit Risk Middle Office - Clearing Credit Risk Support – Counterparty Credit Infrastructure & Capital - Associate

Req #: 170105435
Location: Brooklyn, NY, US
Job Category: Accounting/Finance/Audit/Risk
Potential Referral Amount: 3000 US Dollar (USD)

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, 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. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

                                                                           

Corporate & Investment Bank (CIB) Credit Risk Management is responsible for lending activities and related credit exposures. The group is organized by geography with teams aligned by industry and process. CIB Credit Risk Managers lead the client credit relationship in partnership with CIB Coverage.

Credit Risk Middle Office (CRMO) continues its expansion to broader Wholesale Risk Support including Country, Treasury Services (TS), Worldwide Securities Services (WSS) and Market Risk. CRMO supports the CIB credit approval and decision making processes for the North America Credit Executives in the Risk Organization.

 

This role is to support Counterparty Credit, Infrastructure and Capital (CCIC) Credit Risk Team to manage control functions for Derivatives, Securities and F&O products in Credit Risk Infrastructure. It provides a variety of opportunities to mitigate key risks. This is fast pace working environment.  This role demands dedication and fast learning ability. The role includes manages a core small team of Credit Risk support professionals

 

Job Responsibilities:

 

 

·         Preform various daily control functions including but not limited to Mispricing, Fail trades, Radar Roll back etc. for various products

·         Ability to understand various attributes related to exposure calculation in Credit Risk and perform root cause analysis for simple/complex issues

·         Preform various controls checks in Firmwide Quarterly and Annual  Comprehensive Capital Analysis and Review (CCAR) exercise mandated by The Federal Reserve

·         Ability to present various process related metrics to senior management

·         Demonstrated ability to communicate effectively to multiple levels of management and various stakeholders in Credit Risk, Operations, Technology, Legal, Projects Services etc. across the firm.

·         Ability to follow up on assignments in a timely manner, exercise good judgment and work accurately under pressure.

·         Manage issues and ensure appropriate onward escalation and timely resolution.

·         Provide recommendations and suggestions to address problems, process efficiencies, control gaps etc.

 

Skills:

 

 

·   Product / Business knowledge (Securities, F&O and OTC Derivatives)

 

·   Partnership

 

·  Time management

 

·   Influencing

 

.   Bloomberg terminal knowledge

 

 

·         2-5 years derivative/clearing, Securities and F&O industry/markets knowledge

·         Operational/client experience focus

·         3+ years experience working with large data sets interpreting trends and/or patterns

·         Project Management experience

·         Knowledge of Credit Risk Infrastructure

·         Pro-active/self-starter

·         Ability to deliver value in a timely and accurate manner

·         Proficient in Microsoft Office applications, strong Excel experience required

·         Team player

·         Detail focused and strong problem solving skills

·         Leadership skills

·         Some knowledge and appreciation for Credit/Market Risk

 

  

 

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