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JPMorgan APAC Counterparty Credit Risk - Vice President 
Zambia, Central Province 
540653023

29.08.2024

As a Vice President in the APAC Counterparty Credit Risk team you will be responsible for counterparty risk measurement, monitoring (and escalating as appropriate) risks/exposures, ad hoc risk investigations and analysis for credit officers, sales and senior management. In addition, you will be part of the team assessing the adequacy of Credit Support Agreement (CSA) terms, 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. Counterparty credit risk is an independent risk organization within Wholesale Credit Risk, which covers over-the-counter (OTC) Derivatives (cleared and non-cleared), Futures and Options, Securities financing, and Securities Prime Services, Central Counterparties and Commodities at a counterparty level.

Job responsibilities

  • Act as a subject matter expert on counterparty credit exposure/risks providing comprehensive knowledge of portfolio and client level risk management
  • Be responsible for fostering outcomes in identifying, analyzing, monitoring, and reporting on inherent risks within counterparty exposures as well as portfolio or trade level margin requirements
  • Work closely with Front Office/Credit Risk/Other stakeholders on new trade client or new client/trade onboarding and evaluate appropriate risk mitigations
  • Formulate views on risk and be able to review and challenge business stakeholders’ risk related questions
  • Manage and contribute to firm-wide projects around key counterparty credit exposure metrics and technical enhancements

Required qualifications, capabilities, and skills

  • Bachelor’s degree
  • Minimum of 7 years of experience in risk management
  • Highly confident and commercial - possess conviction to challenge and make a risk judgment, stick to it and be able to articulate reasoning behind it
  • Experience in assessing exposures and margin requirements of derivative trades and portfolios
  • 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
  • Strong sense of accountability and ownership of responsibilities.
  • Strong problem-solving abilities with the capability to challenge status quo, seek ways to do things more efficiently and effectively
  • Exemplifies a strong ability to work efficiently and closely with others in a team
  • Strong organizational, control, project management, communication, and negotiation skills

Preferred qualifications, capabilities, and skills

  • Modeling skills in Excel (VBA), SQL, Tableau and Python a plus