JPMorgan Risk Management - Counterparty Prime Brokerage Coverage Vice President 

United States, Texas, Plano 

309790672

As a Counterparty Prime Brokerage Coverage Vice President, you will be a key player in managing and mitigating counterparty credit risk.you will employ your exceptional analytical abilities and credit industry knowledge to make informed credit decisions for a diverse client portfolio. You will work in collaboration with business teams to fulfill client credit requests, while maintaining a balance between risk and return for the Firm. Regular monitoring of your portfolio will be required to accurately assign risk ratings to clients and facilities, and you will be expected to uphold a strong culture of compliance at all times.

Job Responsibilities

• Act as the Counterparty Credit Risk Lead to support Prime Brokerage Risk Coverage.
• Identify, analyze, monitor, and escalate counterparty exposures within Prime Brokerage.
• Validate daily risk reports and escalate potential risk concerns to credit officers, senior risk managers, and the front office.
• Serve as the Subject Matter Expert on Prime Brokerage margining methodology and systems.
• Analyze client margining requests, assess margin adequacy against stress exposures and potential risks, and make recommendations for approval.
• Develop in-depth knowledge of prime brokerage clients and formulate views on product risk appetite, reviewing and challenging business stakeholders’ risk-related questions.
• Monitor risk and margin adequacy across top Prime Brokerage clients.
• Develop a strong understanding of the firm’s Counterparty Stress Analysis Framework and apply it to analyze and monitor counterparty exposures within Prime Brokerage.
• Collaborate with business and risk partners on counterparty credit exposure, providing guidance and training on methodology releases or model limitations, and contributing to methodology and policy updates.

Required qualifications, capabilities and skills

• Minimum 5 years in risk management including risk monitoring, margining, stress analysis and regulatory compliance.
• Knowledge of markets and ability to assess impact of market trends on client exposures.
• Strong analytical skills with the ability to work with complex data to make risk recommendations.
• Motivated and strong sense of ownership of the team’s mandate,
• Capability to challenge status quo, looking for ways to do things more efficiently and effectively.
• Excellent writing, presentation and communication skills along with organizational, project management, control and negotiation expertise.
• Ability to perform well under pressure in a demanding environment managing multiple tasks at the same time.
• Expertise in Microsoft Excel, Word, PowerPoint

Preferred qualifications, capabilities and skills

• Proficiency in LLM, Artificial Intelligence, Excel (VBA), SQL, Tableau and Python a plus
• Candidates with experience in Prime Brokerage Risk Management who can make immediate contributions preferred.
• Modeling skills in Excel (VBA), SQL, Tableau and Python a plus