Risk Management - Asset Management Alternatives Investment Risk - Vice President

JPMorgan Chase - New York, NY

Full-time - Mid Level

New York, NY

Credit Intermediation and Related Activities

About the position

The Risk Management - Asset Management Alternatives Investment Risk - Vice President role at JPMorgan Chase involves overseeing investment, liquidity, and counterparty risk within the Alternatives business, particularly focusing on Private Equity. This position is integral to the Asset Management Risk team, which is responsible for developing and maintaining risk frameworks, analytics, and reporting. The role requires proactive management of risks based on informed market observations and collaboration with investment teams and other control functions.

Responsibilities

• Measure, monitor and independently assess risks in investment activities, providing credible challenge and escalating issues to senior management.
• Monitor stress, performance, liquidity, and counterparty risk metrics against thresholds and perform deep-dive risk analysis on outliers.
• Work with the broader team to implement risk frameworks for new products and businesses within Alternatives.
• Collaborate with investment, in-business, and independent risk teams to develop and maintain an 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 assess potential impacts to the business.

Requirements

• 7 years of experience in the financial services industry related to trading, portfolio management, risk management, 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 for effective communication with the business and presenting to senior management.
• Previous direct, hands-on experience with large initiatives; capable of prioritizing deliverables to meet goals and manage across a group of constituents.
• Undergraduate degree required.
• Knowledge of market risk methodologies such as VaR, stress, and sensitivities.
• Strong quantitative skills.

Nice-to-haves

• Buy-side and alternatives experience preferred.
• Post graduate degree or additional certifications such as CFA, CAIA a plus.
• Familiarity with modeling and working knowledge of portfolio valuations and risk systems a plus.
• Prior experience with coding and data visualization tools such as Python, Alteryx, SQL & Tableau a plus.