Counterparty Risk Analyst - Derivatives & Markets Analytics

Next Frontier Capital; Hong Kong; On-site; HKD 1,000,000 - 1,400,000; Full time

Job summary

J.P. Morgan is seeking a Counterparty Risk Associate in Hong Kong to evaluate and monitor exposures across derivatives, prime brokerage, and financing activities.

You will analyze onboarding and portfolio risk, including margin considerations, and collaborate with Sales, Trading, and Credit stakeholders to form risk views and limit settings. You will develop and maintain analytical tools using Python, SQL, and AI-enabled techniques, and contribute to risk investigations during market events.

Qualifications

• Bachelor’s degree in a quantitative or finance-related discipline.
• Minimum of 3 years of relevant experience in counterparty risk, market risk, credit risk or data/analytics roles.
• Working knowledge of counterparty credit risk products and concepts, including derivatives (bilateral and cleared), Futures and Options, Prime Brokerage, Securities Financing, and margin/collateral fundamentals.
• Proficiency in Python and SQL, plus comfort with large datasets and analytical workflows; experience with data/visualization tooling (e.g., Tableau, Alteryx), large language model (LLM) and AI toolsets
• Strong communication skills – able to explain technical topics to non-specialists and present clear risk conclusions.
• Strong ownership mindset, sound judgment, and confidence to challenge assumptions while maintaining constructive stakeholder partnerships.
• Strong execution skills: organized, control-minded, able to manage multiple priorities and deliver under time pressure.

Responsibilities

• Provide risk coverage for Prime Brokerage, Clearing, OTC Bilateral and Securities Financing Businesses, including but not limited to review client onboarding, assess margin adequacy; identify, analyze, monitor, and escalation counterparty exposures through various metrics (e.g. Stress, Peak, Portfolio Thresholds, concentrations)
• Partner with Business and Credit Risk team to evaluate limit sizing for new and existing clients; form risk appetite views and provide credible challenge to business stakeholders
• Deliver ad‑hoc risk analyses in response to market events, business questions, or senior management requests; synthesize complex results into actionable conclusions.
• Develop and maintain analytical tools and automation solutions using Python, AI/LLM‑enabled techniques where relevant, and other data tooling to streamline monitoring and analysis processes and support more efficient decision‑making
• Partner with CCR Methodologies, Quantitative Research and Technology to improve exposure methodology changes, model limitations, overlays/compensation

Skills

Python

SQL

Data analytics

Communication

Ownership mindset

Execution skills

Education

Bachelor’s degree in a quantitative or finance-related discipline

Tools

Tableau

Alteryx

LLM/AI tools

Job description

J.P. Morgan is seeking a Counterparty Risk Associate in Hong Kong to evaluate and monitor exposures across derivatives, prime brokerage, and financing activities.

You will analyze onboarding and portfolio risk, including margin considerations, and collaborate with Sales, Trading, and Credit stakeholders to form risk views and limit settings. You will develop and maintain analytical tools using Python, SQL, and AI-enabled techniques, and contribute to risk investigations during market events.