Wholesale Credit Risk Management, Hedge Funds - Vice President

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.

J.P. Morgan's Corporate & Investment Bank ("CIB") is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We offer strategic advice, lend money, raise capital, help manage risk, extend liquidity, buy and sell securities, and provide many other banking services in markets around the world.

Corporate and Investment Bank Credit Risk Management is responsible for lending activities and related credit exposures. Corporate and Investment Bank Credit Risk is organized by geography with teams aligned by industry. Corporate and Investment Bank Credit Risk Managers lead the client credit relationship in partnership with Corporate and Investment Bank Coverage, Sales, and Trading.

Hedge Funds Credit Risk Team manages exposure to North American based hedge funds and other alternative managers engaging across the spectrum of investment strategies. As part of the Hedge Fund Credit Risk Team, 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
• Be 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. Manage own workload and analyst's workload, delegate with appropriate guidance and ensure deadlines are understood and met, and where needed, confidently escalate to senior managers
• Lead group wide efficiency projects

Required qualifications, capabilities, and skills

• Bachelor degree required
• 7 years of work experience in financial services preferred (investment banking or similar)
• Credit/Market risk experience required
• Knowledge of Hedge Fund and Asset Manager Industry preferred
• Some accounting and corporate finance coursework or experience preferred
• Strong interest in client interaction and possess outstanding verbal and written communication skills
• Ability to perform well under pressure in a demanding environment
• Be highly proficient in Excel, Powerpoint and Word