Asset Management - Fixed Income - Investment Director - Risk Management Associate

Testing Site - JPMC; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

J.P. Morgan Asset Management’s GFICC team seeks an Investment Director Associate responsible for comprehensive risk analyses and detailed risk reports across fixed income strategies. You will collaborate with technology, operations, PMs, and GFICC management to deliver portfolio and strategy level insights.

You will partner with internal teams to innovate risk reports and tools, prepare review materials for strategy CIOs and PMs, and engage with stakeholders to support the GFICC-wide agenda.

Qualifications

• Excellent oral and written communications skills.
• Technically proficient with understanding of risk sources for fixed income rates, credit products, and structured/securitized products.
• Experience in evaluating risk and interpreting model output on bonds, derivatives and structured/securitized products.

Responsibilities

• Provide risk reports and risk analysis at both the portfolio level and strategy level by examining the qualitative and quantitative factors driving change in risks and exposures.
• Prepare risk/performance review material for discussion with strategy CIOs and portfolio managers.
• Work with internal tech team to innovate, develop and test new risk reports and analysis tools.
• Interact regularly with portfolio managers, investment specialists, business management, finance, and Tech/Ops partners, and other internal stakeholders to support GFICC-wide agenda.

Skills

Communication

Risk analysis

Risk modeling

Education

Bachelor's degree in STEM or Finance

Tools

MSCI RiskMetrics

MSCI BarraOne

YieldBook

Job description

The Global Fixed Income, Currency and Commodities team (GFICC) at J.P. Morgan Asset Management is one of the world’s deepest and best-resourced fixed income managers, with expertise across all major fixed income sectors, including niche markets. Every investment decision is based on globally integrated research-driven process relying on fundamental, quantitative, and technical inputs. Risk management is embedded in the investment decision process using a robust qualitative and quantitative framework supported by comprehensive risk models. GFICCmanages a broad range of US and international strategies, through funds and/or separate accounts, including broad market, long duration, stable value, high yield, emerging market debt, short duration, global bonds, structured products, and tax-aware strategies.

As an Investment Director Associate on the Global Fixed Income Currency and Commodities (GFICC) team, you will be primarily responsible for conducting comprehensive risk analyses and generating detailed risk reports for various fixed income strategies. Your role will involve collaborating with our technology and operations partners to enhance our risk platform, as well as regularly liaising with portfolio managers, investment specialists, and GFICC management. You will be expected to deliver risk reports and analyses at both the portfolio and strategy level, and prepare risk/performance review materials for discussions with strategy CIOs and portfolio managers. Additionally, you will work in close coordination with our internal tech team to innovate, develop, and test new risk reports and analysis tools. Regular engagement with portfolio managers, investment specialists, business management, finance, Tech/Ops partners, and other internal stakeholders will be a key aspect of your role in supporting the GFICC-wide agenda.

Job Responsibilities

• Provide risk reports and risk analysis at both the portfolio level and strategy level by examining the qualitative and quantitative factors driving change in risks and exposures.
• Prepare risk/performance review material for discussion with strategy CIOs and portfolio managers.
• Work with internal tech team to innovate, develop and test new risk reports and analysis tools.
• Interact regularly with portfolio managers, investment specialists, business management, finance, and Tech/Ops partners, and other internal stakeholders to support GFICC-wide agenda.

Required qualifications, capabilities and skills

• Excellent oral and written communications skills, able to discuss risk figures, exchange ideas, and able to produce high quality output on a tight deadline.
• Technically proficient. With good understanding of the sources of risk for fixed income rates, credit products, as well as structured/securitized products.
• Experience in evaluating risk and interpreting model output on bonds, derivatives and structured/securitized products.
• Bachelors degree with 3 or more years of experience or a graduate degree in STEM or Finance.

Preferred qualifications, capabilities and skills

• Knowledge of pricing models, VaR models and stress testing techniques; Prior experience with MSCI RiskMetrics, MSCI BarraOne, or YieldBook is a plus
• Previous exposure to risk management, quant modeling, or data analysis tools a plus