JPMorgan Counterparty Credit Risk Associate 

Argentina, Autonomous City of Buenos Aires, Buenos Aires 

171123360

Employer Description

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm’s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm’s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be 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.

Team description

Counterparty Credit Risk is an independent risk organization within Wholesale Credit Risk, which cover OTC Derivatives (cleared and non-cleared), Futures and Options, Securities financing, and Securities Prime Services, CCPs and Commodities at a counterparty level. Overall group responsibilities include, but are not limited to Counterparty Risk Measurement, Monitoring (and escalating as appropriate) of those risks/exposures, Ad hoc risk investigations and analyses for credit officers, sales and senior management, Assessment of CSA terms adequacy, Determination of initial margin requirements including corresponding eligible collateral and valuations where applicable, Ownership and maintenance of all credit exposure metrics (continuous adequacy assessment), All related exposure calculation/reporting engines and their development agendas and priorities

Job responsibilities

• Key person, as part of a team) who supports traded products and independent amount (IA) subject matter expert partnering with Sales and Trading and Credit Officers in the assessment and evaluation of trade level IA across all asset classes primarily but not limited to Hedge Fund Clients
• Ability to work in a high-pressure trading-like capacity with the ability to effectively manage your workload in order to contribute as a team towards its goals which means collaboration and cohesive assistance with others on the team
• Develops deep dives and touch points with partners in risk with respect to counterparty credit exposure/risks, providing guidance and training to Credit Officers on material methodology releases or model limitations, and helping guide methodology and policy updates
• Manage and contribute to firm-wide projects around key counterparty credit exposure metrics & technical enhancements
• Responsible for driving outcomes in identifying, analyzing, monitoring, and reporting on inherent risks within counterparty exposures, self-starter
• Formulate views around product risk appetite and be able to review and challenge business stakeholders’ risk related questions
• Work closely with Front Office/Credit Risk/Operations team to size and evaluate limit sizing and appropriate risk appetite and execution for new and existing clients to the platform
• Assist in the Credit Agenda to proactively develop and integrate AI technology into the team’s work-flow and processes
• Work with QR, Technology, Credit Officer and other stakeholders to continuously review and enhance exposure methodologies and tools

Required qualifications, skills, and capabilities

• 1-3 years in risk management/quantitative financing/trading fields
• Good working knowledge of Exchange Traded Derivatives (ETD), Options, FX products (Spot, Forwards), OTC Derivatives products across different asset classes
• Basic to moderate understanding of coding, execution and data aggregation platforms and languages (ie Python, R, Tableau, Streamlit, etc)
• Proven track record on execution based on constructive listening and collaboration to efficiently and complement the team’s efforts toward objectives
• Expertise in Microsoft Excel, Word, PowerPoint and familiarity with efficient AI prompts and training
• Strong organizational, control, project management, communication, and negotiation skills
• Ability to work independently with limited guidance

Preferred qualifications, skills, and capabilities

• Strong sense of accountability and ownership of responsibilities. Must be diligent and self-motivated
• Strong problem-solving abilities with the capability to challenge status quo, seek ways to do things more efficiently and effectively
• Highly confident and commercial - possess conviction to challenge and make a risk judgment, stick to it and be able to articulate reasoning behind it
• Excellent written and verbal communication skills - must be articulate and have ability to explain technical concepts to non-specialists; ability to adjust communication style for a variety of situations and be able to defend your stance, as needed
• Ability to think independently and innovate