Risk Management - Credit Risk Vice President (Hedge Funds Coverage)
Aumni
Job Description
Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase 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 Credit Risk Vice President on the Hedge Fund Credit Team, you will be responsible for assessing the risk of a portfolio of hedge funds and determining credit risk appetite for client lending and trading activity. You will serve as the Credit Officer and primary coverage for those credit relationships. Corporate & Investment Bank (CIB) Credit Risk Management is responsible for lending activities and related credit exposures. Our group is organized by geography with teams aligned by industry. The Hedge Funds Credit Risk Team manages exposure to North American based hedge funds engaging across the spectrum of investment strategies.
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
- Assess creditworthiness of clients and assign appropriate credit ratings
- Maintain updated credit research on a portfolio of clients
- Partner with Sales & Trading, Prime Brokerage, Investor Client Management, Treasury & Security Services, Legal, IB Coverage, Syndicated & Leveraged Finance, Debt Capital Markets, and Ratings Advisory
- Demonstrate ability to mentor/guide junior resources and delegate with appropriate guidance and ensure deadlines are understood and met
Required Qualifications, Capabilities and Skills
- Bachelor's degree
- 7 years of Credit / Market risk experience in financial services (investment banking or similar)
- Knowledge of Hedge Fund and Asset Manager Industry
- Strong accounting and corporate finance understanding
- 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