Securities Services - Exposure Management - Associate

JP Morgan Chase; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

JPMorgan Chase in New York seeks an Associate for Global Exposure Management to oversee and analyze exposures within Securities Services, focusing on North America Agency Securities Financing. You will work with trading desks to ensure risk remains within the approved framework while optimizing economic efficiency.

You will monitor desk exposures, review transactions, and prepare risk reporting for senior stakeholders.

Qualifications

• Bachelor's degree in Finance, Economics, Statistics, Business Analytics, Computer Science, or Mathematics; Top Tier College or University a plus.
• Basic knowledge of equity or fixed income securities markets and how these instruments are impacted by market factors.
• Ability to troubleshoot, process large data sets efficiently, and understand context and implications of the work.
• Excel and PowerPoint skills; ability to program (e.g., Python, VBA, R, SQL, or Java) a plus.
• Good relationship building, presentation, written and oral communication skills.
• Ability to multi-task, prioritize, meet deadlines, and work well in a team.

Responsibilities

• Perform daily monitoring and analysis of trading desk exposures, movements, risk limit utilization and stress results.
• Monitor market developments and assess potential impact on desk activities and exposures.
• Review and analyze proposed transactions, understanding risks and exposure implications.
• Prepare and enhance risk and exposure reporting for the team and senior stakeholders.
• Manage projects and process improvements related to exposure monitoring, reporting, data quality and risk management.
• Collaborate with Trading Desks, Product teams, Quant Research, Credit Risk Officers, Market Risk Officers, Product Development and Technology.

Skills

Financial data analysis

Problem solving

Cross-team collaboration

Communication

Programming basics

Education

Bachelor's degree in Finance/Economics/Statistics/Business Analytics/CS/Mathematics

Tools

Excel

PowerPoint

Python

VBA

R

SQL

Java

Job description

Be part of the in-business risk management team supporting a global leader in Securities Services. You will develop your knowledge of financial markets and risk management of the trading book while supporting a safe and efficient risk balance of the business for its institutional clients.

As an associate in the Global Exposure Management, you will play a critical role in overseeing and analyzing exposures for the Securities Services group, with a primary focus on the North America Agency Securities Financing business. You'll work closely with the trading desks to ensure risk remains in the approved framework, while optimizing economic efficiency, and ensuring effective communication with management and risk teams.

Job responsibilities

• Perform daily monitoring and analysis of trading desk exposures, significant movements, risk limit utilization and stress results.
• Monitor market developments and help assess their potential impact on desk activities and exposures.
• Review and analyse proposed transactions, including understanding the key risks and exposure implications.
• Prepare and enhance risk and exposure reporting for the broader team and senior stakeholders.
• Manage projects and process improvements related to exposure monitoring, reporting, data quality and risk management.
• Work closely with Trading Desks, Product teams, Quant Research, Credit Risk Officers, Market Risk Officers, 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 equity or fixed income 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.
• Microsoft Excel and PowerPoint skills; ability to program (e.g., Python, VBA, R, SQL, or Java) a plus.
• Good relationship building, presentation, written and oral communication skills.
• Ability to multi-task, prioritize, meet challenging deadlines, and work well in a team environment.

Preferred qualifications, capabilities, and skills

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

ABOUT US

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

ABOUT THE TEAM

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.