Join our Counterparty Risk team as a Vice President in Plano, where you will conduct in-depth portfolio analysis, stress testing, and scenario analysis to assess counterparty portfolio exposures under various market conditions. This role offers the opportunity to collaborate with stakeholders across Credit Officers, Technology, Quantitative Research, Product, and Risk Reporting teams, enhancing processes and developing tools for efficiency and automation.
As a Vice President in the Counterparty Risk team, you will execute and analyze regulatory stress submissions for counterparty credit risk. You will prepare accurate and timely analysis for regulatory and management requests, ensuring compliance with the regulatory landscape and stress testing requirements. Your work will involve monitoring portfolio risk metrics and conducting ad-hoc deep-dives to evaluate potential emerging risks.
Job Responsibilities
- Execute and analyze regulatory stress submissions (e.g., CCAR, Legal Entity) for counterparty credit risk.
- Prepare accurate and timely analysis for regulatory and management requests on counterparty risks and stress.
- Stay informed about the regulatory landscape, stress testing requirements, and methodologies to ensure compliance and best practices.
- Monitor portfolio risk metrics, including Strategic Stress Exposure (SSE), Gross Market Concentrations (GMC), and Wrong Way (WW) Risks, to ensure compliance with prescribed thresholds and tolerances.
- Conduct ad-hoc deep-dives on market themes, concentrated risks, exposure trends, and client positioning to evaluate potential emerging risks and identify risk management strategies.
- Collaborate with cross-functional teams, including risk officers, technology, and risk reporting, to ensure comprehensive analysis and reporting of counterparty exposures.
- Identify, recommend, and assist in developing frameworks and solutions to optimize portfolio risk management and enhance decision-making processes.
- Contribute to firm-wide projects focused on key counterparty credit exposure metrics and technical enhancements.
Required qualifications, capabilities, and skills
- Bachelor's degree in quantitative disciplines such as Financial Engineering, Mathematics, Physics, Statistics, Engineering, Finance, or Economics.
- Minimum 5 years of experience in risk management, stress testing, or portfolio analytics within a financial institution.
- Strong understanding of financial markets with the ability to connect market events to portfolio risks.
- Excellent analytical and problem-solving skills, with an inquisitive nature and comfort in challenging current practices.
- Strong communication and presentation skills, capable of conveying complex information to diverse audiences.
- Ability to work under pressure and deliver on multiple tight, time-sensitive deadlines.
- Innovative and creative thinker with the ability to improve current processes and achieve efficiencies.
- Experience with coding and data visualization tools such as Python, Alteryx, SQL, and Tableau.
Preferred qualifications, capabilities, and skills
- Master's degree or professional designations such as CFA, CQF, or FRM.
- Experience in Market / Credit risk, Trading, or Trading middle office functions.
- Strong product knowledge and quantitative skills across a broad range of asset classes and investment strategies.
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.
