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JPMorganChase

Risk Management - Hedge Funds Credit Officer - Vice President

Job Posted 8 Days Ago Reposted 8 Days Ago
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Hybrid
New York, NY
Senior level
Hybrid
New York, NY
Senior level
Manage credit risk exposure for hedge funds, perform financial analysis, oversee trading activities, mentor junior staff, and lead efficiency projects.
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Job Description
Bring your expertise 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 Hedge Funds Credit Risk Vice President on the Commercial and Investment bank (CIB) Credit Risk Management team, you will manage exposure to North American based hedge funds and other alternative managers engaging across the spectrum of investment strategies. You will have responsibility for assessing the risk of a portfolio of hedge funds and determining credit risk appetite for client lending, trading, clearing, prime brokerage and custody activity. You 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
  • Serve as principal contact for and partner with colleagues from Sales & Trading, Prime Brokerage, Investor Client Management, Treasury & Security Services, Legal, Investment Banking 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
  • Partipcate in the ongoing coaching, training, development and delegation of work for junior staff to ensure deliverables and deadlines are met
  • Lead group wide efficiency projects


Required Qualifications, Capabilities and Skills

  • Bachelor's degree
  • 7 years of professional work experience within financial services
  • Knowledge of Hedge Fund and/or Asset Manager Industry
  • Strong accounting and corporate finance skills
  • Strong interest in client interaction and possess outstanding verbal and written communication skills
  • Ability to perform well under pressure in a demanding environment
  • Highly proficient in Excel, PowerPoint and Word


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.

Top Skills

Excel
PowerPoint
Word
HQ

JPMorganChase New York, New York, USA Office

270 Park Avenue, New York, NY, United States, 10017-2014

JPMorganChase Brooklyn, New York, USA Office

4 Metrotech Center, Brooklyn, NY, United States, 11201

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