Global Private Bank Investment Risk, Executive Director

Testing Site - JPMC; New York (NY); On-site; USD 180,000 - 280,000; Full time

Job summary

JPMorgan Chase seeks an Executive Director in Wealth Management Investment Risk & Analytics (IR&A) within Global Private Bank Risk. You will oversee risk reviews, deep-dive assessments of investment activity, liquidity stress testing, and strategy exposures, applying extensive product knowledge across asset classes.

You will collaborate with Risk Management, Legal, Compliance, Audit, and Control teams to provide insights on fiduciary issues and emerging risks, leading risk governance initiatives

Qualifications

• Education in finance, business, or economics.
• 10+ years of financial risk management in Asset Management or Private Bank.
• Ability to review risks in investment portfolios and stress testing.
• Knowledge of mutual funds, ETFs, VaR and risk methodologies.
• Familiarity with OCC/SEC/FINRA regulations.
• Ability to influence partners and communicate with senior management.
• Proactive, self-starter with project management skills.
• Experience with Tableau or equivalent data visualization tools.

Responsibilities

• Perform investment risk management for Global Private Bank per local regulations.
• Develop risk assessments across equities, fixed income, and multi-asset strategies.
• Contribute to risk governance processes and escalation.
• Manage a team covering onboarding and monitoring of internal strategies.
• Identify risk issues and propose mitigation strategies.
• Collaborate with business and control functions; review risks with directors and portfolio managers.
• Represent Risk in committees and during regulatory exams.

Skills

Risk management

Portfolio risk management

Stakeholder communication

Risk governance

Data visualization

Tableau

Financial regulations

Project management

Education

Finance/Business/Economics degree

Tools

Tableau

FactSet

Barra

Bloomberg Port

BlackRock Aladdin

Job description

Bring your expertise to JPMorgan Chase.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.

Job summary

As an Executive Director in Wealth Management Investment Risk & Analytics (IR&A) within the Global Private Bank Risk group, you will be part of a team that oversees a wide range of investing activities with a focus on internal strategies, including onboarding and ongoing risk oversight. Your role will involve providing risk review and deep-dive assessments of investment and fiduciary activities, liquidity, stress testing, and strategy exposures. We value your strong risk management background and in-depth product knowledge across multiple asset classes.

You will work closely with other Risk Management colleagues, Business partners, and key control functions including Legal, Compliance, Audit, and Control Management, to provide valuable assessment and feedback regarding investment and fiduciary issues and emerging risks.

Job responsibilities

• Perform investment risk management responsibilities for Global Private Bank in accordance with local regulations, ensuring that risks can be properly identified, measured, and overseen on an ongoing basis.
• Develop risk assessments across the equities, fixed income, and multi-asset strategies, assess risk metrics and analyze, challenge and elevate the outliers
• Contribute to the enhancement and execution of risk governance processes including standards and procedures, internal risk limits administration, escalation, and analysis.
• Manage a team covering onboarding and ongoing monitoring of the internal strategies
• Identify risk issues in the business and perform reviews into such areas to identify gaps and recommend risk mitigation strategies.
• Collaborate with business and key control functions.
• Provide informed review to various business teams including investment directors and portfolio managers.
• Represent Risk in committees/forums and review key risk issues, as appropriate.
• Represent Risk Management in regulatory exams and internal audits.

Required qualifications, capabilities, and skills

• Education in finance, business, or economics
• 10+ years of financial risk management in Asset Management or Private Bank, with experience in portfolio risk management and investing approaches
• Ability to review risks in investment portfolios including market and liquidity risk metrics, stress tests, sensitivities, and draw inferences from these in response to market events, emerging risks or portfolio performance
• Knowledge of mutual funds, Exchange- Traded Fund (ETFs) and market risk methodologies such as Value-at-Risk (VaR), stress and sensitivities
• Familiarity withOffice of the Comptroller of the Currency (OCC),Securities and Exchange Commission (SEC), andFinancial Industry Regulatory Authority (FINRA) financial regulations, especially investment management regulations.
• Ability to influence business partners while working constructively to achieve a common goal
• Proficiency in communicating with senior management and in sensitive situations
• Control mentality – naturally skeptical, with an ability to anticipate unforeseen consequences
• Self-starter with ability to initiate, plan, execute and manage projects
• Experience in Tableau or equivalent data visualization software; portfolio management tools Fact Set, Barra, Bloomberg Port, or Blackrock Aladdin

Preferred qualifications, capabilities, and skills

• Advanced degree a plus
• Certifications such asChartered Financial Analyst (CFA) orFinancial Risk Manager (FRM) a plus