Senior Associate, Investment Risk Manager Blog Post

Allocator Jobs; New York (NY); On-site; USD 90,000 - 160,000; Full time

Job summary

Join a leading firm in the financial services sector as a key player in the Investment Risk Multi Asset Solutions team. This role offers a unique opportunity to develop and maintain comprehensive risk frameworks while collaborating with investment teams to ensure robust risk management practices. You will engage in deep-dive analyses and enhance risk oversight processes, making significant contributions to the firm's strategic objectives. If you are passionate about risk management and possess a strong background in financial services, this position is your chance to make a meaningful impact in a dynamic environment.

Qualifications

• 2+ years of experience in risk management or investment risk across asset classes.
• Strong analytical and problem-solving skills with a focus on market risk.

Responsibilities

• Measure and monitor risks in investment activities, providing oversight and analysis.
• Collaborate with teams to implement risk frameworks for new products.

Skills

Risk Management

Portfolio Management

Market Risk Methodologies

Analytical Skills

Communication Skills

Quantitative Skills

Python

SQL

Data Visualization

Education

Post-graduate degree

Chartered Financial Analyst (CFA)

Financial Risk Manager (FRM)

Tools

Alteryx

Tableau

Job description

November 22, 2024

Type of Role: Investments Risk

Experience Level: VP/Principal/Director

Location: New York City, New York

J.P. Morgan Asset Management is the world’s third-largest alternatives manager, with a 40-year history of delivering innovative alternative solutions across market cycles. Our alternative investment engines are managed by highly specialized independent teams, backed by the global reach, vast resources, and robust governance of J.P. Morgan Asset Management. Our alternative strategies are designed to achieve specific client outcomes and built to deliver uncorrelated returns to traditional asset classes. Customized alternative portfolios can be tailored to individual client needs.

Job Description

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors, and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals.

The Asset Management Risk team is committed to being a world-class leader in risk management, maintaining a system of strong controls, providing guidance and clear direction on key principles, and proactively managing risks. The Chief Risk Officer of Asset Wealth Management (AWM CRO) reports directly to the firm-wide Chief Risk Officer (CRO) and is a member of the Risk Operating Committee as well as the Asset and Wealth Management Operating Committee. The Asset Management (AM) Risk team, led by the AM Chief Risk Officer (CRO), is aligned to the Asset Management (AM) business covering the broad spectrum of risks inherent in the global institutional businesses.

Job Summary

As an Associate in Asset Management Risk within the Investment Risk Multi Asset Solutions team, you will play a crucial role in developing and maintaining market, investment, liquidity, and counterparty risk frameworks. You will have the opportunity to work closely with the investment teams and other control functions, providing oversight and proactive management of various risks. Your focus will be on Outcome Oriented Strategies within the Multi Asset Solutions business, where you will monitor market risk, measure exposure, and assist in developing risk and investment approval policies. This role offers you the chance to be part of a team that reports to the AM Multi Asset Solutions Risk Americas Lead and to contribute to our goal of maintaining strong controls and managing risks effectively. We are seeking a risk professional with experience across multiple asset classes to join our team. You’ll need to have a background in market risk or buy-side risk management.

Job Responsibilities

• Measure, monitor and independently assess risks in investment activities, provide credible challenge and escalate issues/concerns to senior management.
• Monitor stress, performance, liquidity, and counterparty risk metrics against the thresholds and perform deep-dive risk analysis on the outliers.
• Work with broader team to implement risk frameworks for new products and businesses within Multi-Asset Solutions.
• Collaborate with investment, in-business, and independent risk teams to develop and maintain understanding of risk profiles of funds and portfolios.
• Enhance risk oversight processes, policies, and procedures for Investment, Liquidity, and Counterparty Risk, ensuring compliance is maintained.
• Improve risk transparency and infrastructure for capturing risk exposures.
• Perform deep dives on emerging risk areas and potential impact to the business.

Required Qualifications, Capabilities, and Skills

• 2+ years of experience in financial services industry related to risk management, portfolio management, trading, and/or investment risk across asset classes.
• Excellent analytical and problem-solving skills; inquisitive nature and comfortable in challenging current practices.
• Strong communication and interpersonal skills to be leveraged in communication with the business as well as presenting to senior management.
• Previous direct, hands-on experience with large initiatives; capable of prioritizing deliverables to meet goals and to manage across a group of constituents.
• Knowledge of market risk methodologies such as Value at Risk (VaR), stress and sensitivities.

Preferred Qualifications, Capabilities, and Skills

• Familiarity with modeling and working knowledge of portfolio valuations and risk systems.
• Buy-side or market risk experience.
• Strong quantitative skills, prior experience with coding and data visualization tools such as Python, Alteryx, SQL & Tableau.
• Post-graduate degree or additional certifications i.e. Chartered Financial Analyst (CFA), Financial Risk Manager (FRM).