Executive Director, Prime Brokerage Risk Coverage

J.P. Morgan; New York (NY); On-site; USD 190,000 - 270,000; Full time

Job summary

JPMorganChase is seeking an Executive Director in Counterparty Credit Risk within Risk Management and Compliance to lead coverage for Prime Brokerage and oversee exposure monitoring, margining, and stress analysis. You will partner with Credit Officers and senior management to strengthen risk governance and escalate issues with clear recommendations.

The role requires deep knowledge of risk management, strong analytical abilities, and an ownership mindset to drive improvements in risk reporting

Qualifications

• 10 years of experience in risk management and/or counterparty credit risk, including exposure monitoring, margining, stress analysis, and risk governance.
• Strong understanding of financial markets and ability to assess the impact of market moves on counterparty exposures.
• Strong analytical and problem-solving skills, with ability to synthesize complex data into clear risk conclusions and recommendations.
• Proven ownership mindset with ability to operate independently in a dynamic environment.
• Strong judgment and ability to challenge assumptions and elevate issues with clarity and professionalism.
• Excellent written and verbal communication skills, including experience presenting to senior stakeholders.
• Strong organizational and project management skills, with ability to manage multiple priorities under tight deadlines.
• Proficiency in using large language model (LLM) and AI toolsets.
• Experience in risk management and/or counterparty credit risk, including exposure monitoring, margining, stress analysis, and risk governance (Prime Brokerage Risk Management preferred)

Responsibilities

• Act as Counterparty Credit Risk coverage lead supporting Prime Brokerage
• Identify, analyze, monitor, and elevate counterparty exposures, including concentrations and stress vulnerabilities
• Validate daily risk and exposure reporting, escalating concerns to Credit Officers, senior management, and the front office
• Serve as subject matter expert on Prime Brokerage margin methodologies, processes, and supporting systems
• Review client margin requests, assess adequacy versus stress exposures, and provide recommendations for approval
• Maintain strong knowledge of Prime Brokerage clients and business activity, formulating risk appetite views and challenging risk requests
• Monitor margin adequacy and risk across top Prime Brokerage counterparties and portfolios
• Apply Counterparty Stress Analysis framework to analyze and monitor exposures
• Partner with business and risk stakeholders on exposure topics, methodology releases, model limitations, and policy enhancements
• Contribute to firmwide initiatives related to counterparty credit exposure metrics, reporting, and technical enhancements

Skills

Risk management

Counterparty risk

Exposure monitoring

Margining

Stress analysis

Risk governance

Analytical skills

Stakeholder communication

Project management

LLM/AI tools

Job description

JPMorganChase is seeking an Executive Director in Counterparty Credit Risk within Risk Management and Compliance to lead coverage for Prime Brokerage and oversee exposure monitoring, margining, and stress analysis. You will partner with Credit Officers and senior management to strengthen risk governance and escalate issues with clear recommendations.

The role requires deep knowledge of risk management, strong analytical abilities, and an ownership mindset to drive improvements in risk reporting