Wholesale Credit Risk VP- Paris

JPMorgan Chase & Co.; Paris; On-site; EUR 120,000 - 180,000; Full time

Job summary

JPMorgan Chase & Co. in Paris seeks a Vice President to lead credit risk coverage for hedge fund clients and oversee portfolio management, ensuring resilience and robust risk controls. You will engage with internal and external stakeholders to drive disciplined risk taking.

You will leverage deep knowledge of derivatives, risk metrics, and credit approval processes to guide senior decision making and to mentor junior staff.

Qualifications

• Minimum 5 years’ experience in a comparable Credit Risk role with a focus on Hedge Fund coverage.
• Strong interpersonal and communication skills with the ability to establish credibility and trust.
• Thorough knowledge of derivative trading activity and documentation to lead new transactions and relationships.

Responsibilities

• Lead credit risk coverage for a portfolio of fund clients, including Hedge Funds, Private Equity, LDI, Real Money, and Pension Funds.
• Oversee ongoing credit risk portfolio management, monitor counterparty exposure, market events, regulatory developments, and client performance.
• Act as an escalation point for other lines of business related to your portfolio, handling Derivatives trading, Prime Brokerage, and Securities Financing.
• Lead due diligence and credit analysis to assess counterparty credit worthiness and set terms.
• Lead discussions with colleagues and client contacts, building relationships internally and externally.
• Commit to self-development and coaching Analysts and Associates in fostering holistic risk thinking.

Skills

Credit risk expertise

Hedge Fund coverage

Communication skills

Derivatives knowledge

Team leadership

Job description

At JPMorgan Chase, we are at the forefront of risk management and compliance, ensuring the firm's strength and resilience. As part of our team, you will play a crucial role in anticipating new and emerging risks, using your expert judgment to tackle real-world challenges that impact our company, customers, and communities. Our culture is all about innovation, challenging the status quo, and striving to be best-in-class. We invite you to be part of this dynamic environment.

As a Vice President in the Hedge Fund and Asset Managers team within the EMEA Wholesale Credit Risk Organization, you will be at the center of keeping JPMorgan Chase strong and resilient. You will help the firm grow its business responsibly by anticipating new and emerging risks and using your expert judgment to solve real-world challenges. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo, and striving to be best-in-class.

Job Responsibilities:

• Lead credit risk coverage for a portfolio of fund clients, including Hedge Funds, Private Equity, LDI, Real Money, and Pension Funds.
• Oversee ongoing credit risk portfolio management, monitoring counterparty exposure, market events, regulatory developments, and client performance.
• Act as an escalation point of contact for other lines of business related to your portfolio, handling activities like Derivatives trading, Prime Brokerage, and Securities Financing.
• Lead due diligence and credit analysis to assess the credit worthiness of counterparties and make recommendations as to appropriate structure, risk appetite, grading and documentation terms.
• Lead discussions and communication with colleagues and client contacts, building effective relationships internally and externally.
• Commit to self-development and team development, including involvement in strategic projects and coaching Analysts and Associates in fostering holistic risk thinking.

Required Qualifications, Capabilities, and Skills:

• Sound credit risk skills and judgment developed through a minimum of 5 years’ experience in a comparable Credit Risk role with a focus on Hedge Fund coverage.
• Self-motivated with the ability to work independently and effectively in a team environment.
• Strong interpersonal and communication skills, with the ability to establish credibility and trust with clients and internal stakeholders.
• A thorough knowledge of derivative trading activity, transaction structures, documentation sufficient to take the lead in approval of new transactions and trading relationships.
• Understanding of risk and return metrics (Monte Carlo based metrics, VaR, Greeks, stress metrics) and critical assessment of their strengths and weaknesses.