Risk Management - Asset Wealth Management - Counterparty Risk Analyst
JPMorganChase
Bring your Expertise to JPMorgan Chase. 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 an Asset and Wealth Management (AWM) Counterparty Risk Analyst within the Asset Management (AM) and Wealth Management (WM) teams, you will support the management of counterparty risk functions. You will assist in applying Firmwide, Wholesale Credit, and AWM Counterparty Risk management frameworks, governance, and regulatory requirements. In this role, you will collaborate with team members and contribute to effective risk management practices, supporting senior risk officers and cross-functional partners to help ensure the highest standards of counterparty risk oversight.
Job Responsibilities
- Perform counterparty risk analysis and governance for Asset and Wealth Management clients and products, supporting senior risk officers.
- Partner with front office teams to provide credible challenge and risk expertise in developing and enhancing counterparty risk and derivatives trading frameworks.
- Complete counterparty risk assessment, onboarding, and monitoring in accordance with established procedures, coordinating with internal business and risk stakeholders.
- Set up and manage risk thresholds and limits for activities such as securities lending, FX, loan trading, and reserve repos; coordinate approvals and escalate unapproved exposures.
- Conduct ongoing risk monitoring through trigger and breach reviews, deep dives, and periodic reviews of approved counterparties, including market-implied credit metrics reporting.
- Communicate counterparty approval requests and risk-related matters with traders, bankers, portfolio managers, and other relevant teams.
- Guide the credit decision process for AWM client counterparties by assisting with documentation negotiations, limit setting, trade execution approvals, and ongoing monitoring activities such as annual reviews, margin call management, and overlimit management.
- Support senior risk officers in negotiating ISDA Master Agreements, Credit Support documentation, and other legal contracts to ensure accurate reflection of counterparty and credit risk considerations.
- Collaborate with cross-functional teams, including Wholesale Credit and AM/WM Investment Risk, to ensure comprehensive and consistent risk management practices.
- Contribute to strategic counterparty innovation initiatives, including technology and analytical projects, and present risk topics, framework updates, and methodologies in risk committees and forums.
Required Qualifications, Capabilities, and Skills
- Undergraduate degree in finance, economics, business, or a related field, or equivalent experience.
- Strong attention to detail to ensure work meets high quality standards.
- Excellent analytical and problem-solving abilities.
- Effective communication skills, both written and verbal.
- Ability to work independently and as part of a team.
- Demonstrated risk control mindset and willingness to learn risk management concepts.
- Ability to analyze data and assist in preparing presentations.
- Willingness to ask questions, analyze information, and substantiate findings.
- Proactive in escalating issues and ensuring timely resolution.
Preferred Qualifications, Capabilities, and Skills
- 1 plus years of experience in a financial services or related role.
- Exposure to Asset and Wealth Management and/or Credit Risk.
- Familiarity with trading products and risk measurement methods (e.g., FX, derivatives, repos, CDS, structured products).
- Basic understanding of ISDA documentation and credit terms.
- Ability to identify potential impacts of industry or market events on risk positions and analyze exposures.
- Proficiency in Microsoft Office applications; experience with Tableau and/or Python.
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
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. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
Assess and manage counterparty risk in asset management, ensuring regulatory compliance.