Securities Services - Exposure Management - Associate

Testing Site - JPMC; New York (NY); On-site; USD 120,000 - 170,000; Full time

Job summary

Testing Site - JPMC seeks an Associate in Exposure Management to oversee exposures for Global Securities Services, focusing on North America. You will collaborate with trading desks, risk teams, and product groups to ensure robust risk culture, compliance, and clear communication.

The role emphasizes developing exposure reporting, monitoring market movements, and ensuring capitalization within risk limits. It offers a path to directly impact risk management and client service across regions.

Qualifications

• Bachelor’s degree or equivalent in a quantitative field.
• Strong knowledge of securities markets and market factors impact.
• Ability to troubleshoot, process large data sets, and infer context.
• Advanced Excel and PowerPoint; programming in Python/SQL/R is a plus.
• Strong written and oral communication; ability to build relationships.
• Ability to multi-task, meet deadlines, and work in a team.
• Strong quantitative background and understanding of risk/pricing models.

Responsibilities

• Develop and improve exposure reporting and processes across desks and regions.
• Analyze market trends and relate them to desk activities to share insights.
• Review proposed trades and ensure capitalization for exposures.
• Ensure compliance with risk mandates across trading desks and products.
• Conduct daily reviews of desk exposures, changes, and stress results.
• Communicate with Trading Desks, Risk Officers, Product Control, and Technology teams.

Skills

Microsoft Excel

PowerPoint

Python

SQL

R

VBA

Java

Risk analysis

Exposure management

Data analysis

Communication

Teamwork

Education

Bachelor's degree in Finance, Economics, Statistics, Business Analytics, Computer Science, or Mathematics

Tools

Excel

PowerPoint

SQL

Python

R

VBA

Java

Job description

Be at the center of risk management for a global leader in Securities Services. Your expertise will help drive the safety and soundness of our business, supporting institutional clients and enabling innovation across markets.

As an Associate in Exposure Management, you will play a critical role in overseeing and analyzing exposures for the Global Securities Services group, with a primary focus on the North America business. You’ll work closely with trading desks and risk teams, ensuring robust risk culture, compliance, and effective communication across regions and products. This is an opportunity to make a direct impact on the firm’s risk management and client service.

Job responsibilities:

• Develop a healthy risk culture with the desk that fosters information sharing, awareness of firm policies, and escalation of key issues.
• Manage multiple projects focused on the development and continued improvement of exposure reporting and processes.
• Monitor and analyze market trends and movements, relate them to desk activities, and share insights with the global team.
• Review proposed trades, participate in client prospect meetings, and ensure sufficient capitalization for exposures taken in each transaction.
• Ensure compliance with mandates for Security Services trading desks, including Contingent Market, Basis, Fiduciary, Credit, Liquidity, and Operational Risks.
• Conduct daily reviews of trading desk exposures, significant changes, compliance with risk limits, and stress results.
• Communicate regularly with Trading Desks, Product colleagues, Quant Research, Credit Risk Officers, Risk Management, Product Control, Product Development, and Technology.

Required qualifications, capabilities, and skills:

• Bachelor’s degree in Finance, Economics, Statistics, Business Analytics, Computer Science, or Mathematics; Top Tier College or University a plus.
• Basic knowledge of securities markets and how these instruments are impacted by various market factors.
• Ability to troubleshoot and problem solve, process large amounts of data efficiently, and understand the context and implications of the work.
• Advanced Microsoft Excel and PowerPoint skills; ability to program (e.g., Python, VBA, R, SQL, or Java) a plus.
• Strong relationship building, presentation, written and oral communication skills.
• Ability to multi-task, prioritize, meet challenging deadlines, and work well in a team environment.
• Strong quantitative background and understanding of risk and/or pricing models.

Preferred qualifications, capabilities, and skills:

• Experience with exposure management or risk/reward analysis in a financial services environment.
• Familiarity with securities lending, repo transactions, derivatives, FX, and money market products.
• Ability to create actionable insights and drive process improvements.
• Experience working with cross-functional and global teams.