Securities Services - Exposure Management - Associate

J.P. Morgan; New York (NY); On-site; USD 110,000 - 150,000; Full time

Job summary

JPMorgan Chase & Co. in New York seeks an Associate in Exposure Management to oversee and analyze exposures for Global Securities Services, with a primary focus on North America. You will collaborate with trading desks, risk teams, and product partners to uphold risk culture and drive strong client service.

You will develop reporting processes, monitor market movements, review trades for capitalization, and ensure compliance with desk mandates while communicating across regions and systems.

Qualifications

• Bachelor’s degree in a relevant field; top-tier college a plus.
• Knowledge of securities markets and how market factors impact them.
• Ability to troubleshoot, process large data sets, and understand context/implications.

Responsibilities

• Develop a healthy risk culture with the desk and escalate key issues.
• Manage multiple projects to improve exposure reporting/processes.
• Monitor market trends and relate them to desk activities; share insights with global team.
• Review proposed trades and ensure capitalization for exposures.
• Ensure compliance with mandates for Security Services trading desks.
• Conduct daily reviews of exposures, changes, and stress results.
• Communicate with Trading Desks, risk officers, and Tech across regions/products.

Skills

Excel

PowerPoint

Python

SQL

Risk analysis

Data processing

Communication

Education

Bachelor’s degree in Finance/Economics/Statistics/Analytics/CS/Math

Tools

VBA

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.

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