VP Credit Lead- Funds Coverage

J.P. Morgan; Mumbai; On-site; INR 15,00,000 - 20,00,000; Full time

Job summary

A leading global financial institution is seeking a Credit Officer in Mumbai to manage relationships with Asia-Pac Hedge Funds and Asset Managers. The role involves transaction structuring, due diligence, and mentoring junior staff. Candidates should have at least 7 years of experience in risk management and a strong understanding of credit risk concepts. Excellent communication and organizational skills are essential for success in this position.

Qualifications

• 7+ years of experience in risk management in financial services.
• Strong understanding of Credit Risk concepts.
• Experience in client interaction and teamwork.

Responsibilities

• Manage credit relationships for Asia-Pac Hedge Funds and Asset Managers.
• Lead client due diligence and transaction structuring.
• Provide guidance and support to junior team members.

Skills

Credit Risk Analysis

Interpersonal Skills

Organizational Skills

Attention to Detail

Client Interaction

Education

Bachelor’s Degree in Business, Finance or a related field

Tools

Microsoft Excel

Microsoft PowerPoint

Microsoft Word

Job description

Overview

As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. 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.

Credit Risk Management houses the bank's internal credit experts who provide transaction execution and ongoing management of the bank's credit exposure portfolio. The team covers activities of the bank that give rise to credit risk across multiple products.

An opportunity has arisen for a Credit Officer to join the Asia Funds Team, serving as the Primary Credit coverage for a portfolio of Hedge Funds, Mutual Funds and Asset Managers domiciled in Asia Pacific.

Responsibilities

• As the Credit Officer managing a portfolio of Asia-Pac Hedge Funds and Asset Managers, you will act as the main point of contact for all Lines of Businesses.
• Maintain primary responsibility for the management of the on-going credit relationship by assigning internal ratings, recommending credit appetite and critically assessing the output of risk measures to determine appropriateness.
• Lead client due diligence meetings, transaction structuring / execution and oversee negotiation of legal documentation. Review and approve trading activity, including recommending margin requirements as well as structural solutions to mitigate risks.
• Be responsive and constructive with colleagues in the Business / Legal. Build effective client partnerships, both internally and externally. Ensure that the Business’ priorities are understood, challenged and managed, while remaining constructive.
• Independently drive end-to-end processes and transactions, including leading discussions with stakeholders and senior credit risk management. Communicate key risk views in a clear and concise manner.
• Demonstrate deep understanding of Hedge Fund / Asset Manager investment strategies and risks inherent to them.
• Coach and train junior members of the team to think holistically about risk and ensure all issues are escalated in a timely manner; challenge their recommendations, provide guidance and feedback on their work to improve quality of output and efficiency.
• Maintain a detailed and forward-looking knowledge of developments in regulatory frameworks, industry and market trends across Asia and globally when relevant, and incorporating these insights into effective management of portfolio risk.
• Be a thought leader, driving key initiatives and process changes on the back of proactively identifying limitations/gaps in systems, risk controls and policies.
• Work closely with NA / EMEA Credit counterparts to drive a consistent global coverage model

Minimum Skills, Experience and Qualifications

We are looking for someone excited to join our organization. If you meet the minimum requirements below, you are encouraged to apply to be considered for this role.

• Bachelor’s Degree in Business, Finance or a related field. Relevant post graduate qualifications (e.g. CFA, Masters of Finance) would be highly regarded
• Minimum of 7 years of experience in risk management in the financial services industry
• Familiarity with the concepts of Credit Risk – how it may arise and potential mitigants
• Understanding of the theory behind the risk and return metrics (VaR, Stress, MTM, DV01, etc), including critical assessment of shortcomings / strengths of various measures / methods
• Counterparty credit risk analysis skills, with knowledge of financial markets (including macro and micro economics).
• Strong interpersonal and communication skills with an interest in client interaction and an ability to work well in a team environment. Be able to establish credibility & trust with both internal and external stakeholders, and possess an ability to communicate pertinent complex information in a clear and organized manner
• Strong organizational and time management skills, ability to learn quickly, and a high level of attention to detail
• Highly motivated with a natural passion to learn with high level of intellectual curiosity
• Strong sense of accountability and ownership of tasks
• Proficiency in Microsoft Office Suite, especially Excel, PowerPoint, and Word

Preferred Skills, Experience and Qualifications

• Experience in conducting diligence on Hedge Funds, Asset Managers or Financial Institutions obtained in a corporate or investment bank would be helpful, alongside knowledge of the Hedge Fund and Asset Management industry, their investment strategies and risks inherent to them