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CIB – Credit Risk Management – Hedge Funds VP

Req #: 170116993
Location: New York, NY, US
Job Category: Accounting/Finance/Audit/Risk
Potential Referral Amount: 0 US Dollar (USD)
 
JPMorgan Chase is a leading global financial services firm with assets of $2.5 trillion and operations in more than 60 countries.  The firm is a leader in investment banking, commercial banking, financial services for small business and consumers, financial transaction processing, asset management and private equity.
 
Corporate & Investment Bank Credit Risk Management is responsible for lending activities and related credit exposures.  CIB Credit Risk is organized by geography with teams aligned by industry. CIB Credit Risk Managers lead the client credit relationship in partnership with CIB Coverage, Sales, and Trading.
 
Hedge Funds Credit Risk Team manages exposure to North American based hedge funds engaging across the spectrum of investment strategies.   As part of the Hedge Fund Credit Team, VP will have responsibility for assessing the risk of a portfolio of hedge funds and determining credit risk appetite for client lending and trading activity. VP will serve as the Credit Officer and primary coverage for those credit relationships.
 
Job 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
  • Be principal contact for and partner with colleagues from Sales & Trading, Prime Brokerage, Investor Client Management, Treasury & Security Services, Legal, IB 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/guide junior resources.   Manage own workload and analyst's workload, delegate with appropriate guidance and ensure deadlines are understood and met, and where needed, confidently escalate to senior managers
  • Lead group wide efficiency projects
  • 7 years of work experience in financial services preferred (investment banking or similar)
  • Credit/Market risk experience required
  • Knowledge of Hedge Fund and Asset Manager Industry preferred
  • Candidates should have some accounting and corporate finance coursework
  • Strong interest in client interaction and possess outstanding verbal and written communication skills
  • Ability to perform well under pressure in a demanding environment
  • Candidates should be highly proficient in Excel, Powerpoint and Word
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