Asset Management - Derivatives Insurance Portfolio Manager - Vice President

Job Description
The Asset Management Derivatives team (AMD) is a global center of excellence for derivatives portfolio management. The team operates in partnership with the whole of Asset Management in delivering derivative mandates to our clients both internal and external. This includes over $55bn of derivative overlay portfolios managed by the team.
Job summary:
The Derivative's Insurance Portfolio Manager Vice President on the Asset Management Derivatives team will focus on the management of insurance liabilities through derivatives. Responsibilities will include managing the existing institutional book of business as well as growing the franchise. The team has a global footprint with portfolio managers in New York, London, and Hong Kong. This is an opportunity to help shape the strategy of the team as well as gain exposure to the current mandates.
Job responsibilities:

• Manage existing portfolios of equity, rates, and credit derivatives.
• Grow institutional book of business in North America through partnership with our sales team.
• Provide fundamental and quantitative research and analysis of derivative instruments as hedging tools and additional sources of return, either within portfolios or standalone overlays.
• Partner with other lines of business globally to design and shape derivatives strategy, share best practices, and drive consistency across the organization.
• Invest in improving governance, efficiency and scale of business which may involve building tools in Excel, VBA, Python and transitioning high-value work into strategic systems.
• Leverage Large Language Models and other AI initiatives to further improve processes..
• Partnering with our technology organization to enhance the derivatives infrastructure strategy, including portfolio management and trading architecture.
• Provide an effective liaison between the broader organization and our support functions (e.g., Operations, Technology, Compliance, Risk, Audit, HR).

Required qualifications, capabilities, skills:

• 5-10 years first-hand experience of using derivatives as a portfolio manager at a large asset manager, insurance company or pension fund.
• Deep understanding of the use of derivatives in the context ALM for life, health and annuity insurance liabilities. Knowledge of P&C liabilities is helpful as well.
• Exceptional understanding of derivatives markets especially in fixed income markets, specifically US treasury, corporate credit, agency MBS, CMBS, CLO. Equity derivatives knowledge would be beneficial.
• Demonstrate detailed knowledge of US GAAP and STAT accounting conventions and BSCR and the capability to design passive or active hedging strategy subject to regulatory constraints.
• Knowledge of derivative regulatory treatment is recommended.
• Experience working with US, Canadian and Bermudan regulatory capital frameworks is an advantage.
• Experience in all aspects of derivative management is crucial, including pricing, analytics, execution, collateral management, risk management, performance, and attribution.

Preferred qualifications, capabilities, skills:

• A proven track record in enhancing derivative platform capabilities. Strength in shaping a technology strategy to drive innovation is preferred
• An ability to deliver success at scale in a controlled manner is preferred
• Excellent interpersonal skills with the ability to engage and successfully influence a broad range of individuals is preferred
• Experience dealing with internal and external clients and solving their problems in a thoughtful and innovative way id preferred
• Independent self-starter with the ability to think creatively and laterally. Ability to navigate a complex global infrastructure that involves numerous groups and individuals is preferred
• Strong focus on the bottom line of the business is preferred

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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.