JPMorgan Relationship Banker II - SB South Tarrant Arlington TX 

United States, Texas, Arlington 

988925947

Credit Portfolio Group (CPG) is a fully integrated public-side function with global presence in London, Paris, New York and Singapore.

The group manages both the counterparty credit and funding risks around client transactions. CPG also works with key stakeholders to facilitate the efficient use of capital, particularly those components of total capital most related to CPG activities.

As an Associate in the Credit Portfolio Group (CPG), you will act as a general center of expertise around derivatives. You will work closely with: Sales, Structuring, XVA Trading (XVAT), LOB Trading, Credit Risk, Market Risk, Quantitative Research (QR), Legal and Reg Policy, assisting with exposure and capital models and pricing the appropriate XVA.

Job Responsibilities:

• Analyzing, modeling, and pricing material derivatives as part of trade execution;
• Determining the XVA (credit, funding, and capital implications/pricing) for credit-intensive or complex bilateral derivative transactions, ensuring proper handoff to XVAT or to the various self-insured trading desks for ongoing management of these risks;
• Executing the XVA hedges of onboarded client activity;
• Structuring transactions to enable a sensible risk/reward evaluation;
• Developing new risk measurement tools in partnership with Quantitative Research, and improving the bank’s derivatives infrastructure;
• Covering markets and products for the North American and LatAm regions, developing close relationships with Sales/Trading and relevant stakeholders;
• Building a strong understanding of the bank’s derivative exposure methodology and achieving full proficiency in the various modeling tools;
• Shaping the more qualitative risk considerations, in addition to raw metrics, as an essential part of the role.

Required qualifications, capabilities and skills:

• Experience in derivatives pricing.
• Possess a strong all-round knowledge of products traded, ideally spanning derivatives of all major asset classes. Understand ISDA/CSA documentation, including the mechanics of collateral arrangements. Appreciate the main risk drivers of products, including an understanding of the counterparty credit exposure of derivatives.
• Demonstrate strong partnership and communication skills.
• Articulate a view clearly and logically, and explain technical concepts to non-specialists.
• Exhibit credibility, influencing skills, and leadership.
• Display confidence, commercial acumen in weighing up risk/return, and make sound risk judgments. Demonstrate potential to become relatively self-sufficient within a reasonable period of time.
• Be highly numerate, proficient with Excel.
• 3+ years’ prior experience in a quantitative or analytical role covering complex structures and their risks.

Preferred qualifications, capabilities and skills:

• Ability to probe for additional information when required.
• Experience in counterparty credit risk and XVA modeling can be useful, but is not essential if demonstrating a well-rounded appreciation for risk issues.