Risk Management - Asset Investment Solutions - Americas Coverage Lead, Vice President

Posted 2 Days Ago
Be an Early Applicant
New York, NY
Hybrid
Senior level
Financial Services
The Role
As a Vice President in Asset Management Investment Risk, you'll develop and maintain risk frameworks, assess investment risks, collaborate with teams on risk practices, and enhance oversight processes. You will lead a team, monitor market exposure, and contribute to risk transparency.
Summary Generated by Built In

Job Description
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. The Asset Management ( AM) Risk team is committed to being a world-class leader in risk management, maintaining a system of strong controls, providing guidance and clear direction on key principles, and proactively managing risks. The Chief Risk Officer of Asset Wealth Management (AWM CRO) reports directly to the firm wide CRO and is a member of the Risk Operating Committee as well as the Asset and Wealth Management Operating Committee. The Asset Management Risk team, led by the AM Chief Risk Officer (CRO), is aligned to the Asset Management business covering the broad spectrum of risks inherent in the global institutional businesses.
Job summary
As a Vice President in the Asset Management Investment Risk team you'll be responsible for Asset Management Solutions Americas, you will play a crucial role in developing and maintaining market, investment, liquidity and counterparty risk frameworks. You will have the opportunity to work closely with the investment teams and other control functions, providing oversight and proactive management of various risks. You will serve as the business engagement point for all Asset Management Solutions strategies in the Americas including Retirement, Outcome Oriented Strategies, Income, Model Portfolios and Tax Harvesting. You will oversee the team and monitor market risk, measure exposure, and assist in developing risk and investment approval policies. This role offers you the chance to lead a team that reports to the Asset Management Investment Risk Global Lead for Solutions, and to contribute to our goal of maintaining strong controls and managing risks effectively.
We are seeking a risk professional with experience across multiple asset classes, to join our team. The ideal candidate will have a background in buy-side risk management or market risk.
Job responsibilities

  • Measure, monitor and independently assess risks in investment activities, provide credible challenge and escalate issues/concerns to senior management.
  • Monitor stress, performance, liquidity, and counterparty risk metrics against the thresholds and perform deep-dive risk analysis on the outliers.
  • Work with the broader Asset Management team, including Chief Information Officer's (CIO), Portfolio Managers, Investment Specialists and many other functions to implement risk frameworks for new products and businesses within Multi-Asset Solutions.
  • Collaborate with investment, in-business and independent risk teams to develop and maintain understanding of risk profiles of funds and portfolios.
  • Enhance risk oversight processes, policies, and procedures for Investment, Liquidity and Counterparty Risk, ensuring compliance is maintained.
  • Improve risk transparency and infrastructure for capturing risk exposures.
  • Perform deep dives on emerging risk areas and potential impact to the business.


Required qualifications, capabilities, and skills

  • 7+ years of experience in financial services industry related to risk management, portfolio management, trading, and/or investment risk across asset classes
  • Excellent analytical and problem-solving skills; inquisitive nature and comfortable in challenging current practices.
  • Strong communication and interpersonal skills to be leveraged in communication with the business as well as presenting to senior management.
  • Previous direct, hands-on experience with large initiatives; Capable of prioritizing deliverables to meet goals and to manage across a group of constituents.
  • Undergraduate degree required.
  • Knowledge of market risk methodologies such as Value at risk (VaR), stress and sensitivities


Preferred qualifications, capabilities, and skills

  • Experience leading a team.
  • buy-side or market risk experience
  • Familiarity with modeling and working knowledge of portfolio valuations and risk systems.
  • Strong quantitative skills, prior experience with coding and data visualization tools such as Python, Alteryx, SQL & Tableau.
  • Post graduate degree or additional certifications such as Chartered Financial Analyst ( CFA), financial risk management ( FRM)


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 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.

Top Skills

Python
SQL

What the Team is Saying

Nick S.
Lupe C.
Edwin T.
Dawn T.
Meng M.
The Company
New York, NY
250,000 Employees
Hybrid Workplace

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.

Gallery

Gallery

JPMorganChase Teams

Team
CONTINUOUS LEARNING AND INNOVATION
About our Teams

JPMorganChase Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Not Specified
New York, NY

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account