JPMorgan Risk Management - Hedge Fund Credit Associate 

United States, Texas, Plano 

645609452

Team Description

The 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.

Job Responsibilities

• Assess creditworthiness of clients to determine appropriate credit ratings including strategy and credit exposure analysis
• Perform client due diligence including written credit approval memos and annual credit reviews
• Manage client portfolio including limit sizing and maintenance, review of financial reporting, and monitoring of credit covenants
• Analyze exposure metrics including VaR and stress scenario analysis to recommend risk mitigants such as structural enhancements, credit covenants, and collateral requirements
• Develop understanding of trading agreements and associated credit terms (e.g. ISDA)
• Partner with colleagues from Sales & Trading, Coverage, Market Risk, Transition Management, and Legal
• Understand market developments and industry trends and assess the impact on client portfolios and strategies

Required Qualifications, Capabilities and Skills

• Bachelor’s degree in finance or related field
• Minimum 3 years of credit risk experience
• An understanding of accounting, trading products and an interest in markets
• Strong interest in client interaction and possess outstanding verbal and written communication skills
• Ability to multi-task and perform well under pressure on teams in a demanding environment
• Highly proficient in Excel, PowerPoint and Word

Preferred Qualifications, Capabilities and Skills

• Prior experience in hedge fund