Risk Management – Commercial & Investment Bank Credit Risk Hedge Funds Analy

Testing Site - JPMC; Plano (TX); On-site; USD 110,000 - 160,000; Full time

Job summary

JPMorganChase in Plano, TX is seeking a Hedge Fund Credit Risk Analyst within the Commercial and Investment Bank (CIB) Credit Risk Management Team. You will assess counterparty credit exposure and manage risk across hedge funds and alternative managers, leveraging quantitative and qualitative analysis.

You will develop understanding of trading agreements, credit terms, and related covenants while collaborating with Sales & Trading, Coverage, Market Risk, and Legal to mitigate risk and support

Qualifications

• Undergrad degree in finance or related field.
• Strong interest in markets and accounting.
• Outstanding verbal and written communication skills.
• Ability to multi-task and perform well under pressure.
• Proficient in Excel, PowerPoint and Word.

Responsibilities

• Assess creditworthiness of clients to determine appropriate credit ratings.
• Perform client due diligence incl. written credit approval memos and annual reviews.
• Manage client portfolio including limit sizing and maintenance; review financial reporting.
• Analyze exposure metrics including VaR and stress scenarios; propose mitigants.
• Understand trading agreements and associated credit terms (e.g. ISDA).
• Partner with Sales & Trading, Coverage, Market Risk, Transition Management, and Legal.
• Monitor market developments and industry trends and assess impact on portfolios.
• Meet development and training requirements as defined.

Skills

Credit risk analysis

Verbal and written communication

Multitasking under pressure

Accounting and markets understanding

Education

Bachelor’s degree in finance or related field

Tools

Excel

PowerPoint

Word

Job description

Bring your expertise to JPMorganChase. 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.

As a Hedge Fund Credit Risk Analyst on the Commercial and Investment (CIB) Credit Risk Management Team, you will be responsible for managing counterparty credit exposure to a client base consisting of hedge funds and other alternative managers employing a diverse set of investment strategies. You will develop quantitative and qualitative skills to analyze the creditworthiness of these clients and manage counterparty credit exposure associated with client trading, clearing, prime brokerage and custody activity. Our team is responsible for extending credit to counterparties through traditional lending activity and market based transactions.

Job Responsibilities

• Assess creditworthiness of clients to determine appropriate credit ratings including strategy and credit exposure analysis
• Perform client due diligence including written credit approval memos and annual credit reviews
• Manage client portfolio including limit sizing and maintenance, review of financial reporting, and monitoring of credit covenants
• Analyze exposure metrics including VaR and stress scenario analysis to recommend risk mitigants such as structural enhancements, credit covenants, and collateral requirements
• Develop understanding of trading agreements and associated credit terms (e.g. ISDA)
• Partner with colleagues from Sales & Trading, Coverage, Market Risk, Transition Management, and Legal
• Understand market developments and industry trends and assess the impact on client portfolios and strategies
• Meet development and training requirements as defined

Required Qualifications, Capabilities and Skills

• Undergraduate degree in finance or related field
• An understanding of accounting, trading products and an interest in markets
• Strong interest in client interaction and possess outstanding verbal and written communication skills
• Ability to multi-task and perform well under pressure on teams in a demanding environment
• Highly proficient in Excel, PowerPoint and Word