Asset Management - VP - Investment Risk Oversight (Based in London)

Asset Management - VP - Investment Risk Oversight (Based in London)

J.P. Morgan - GB-ENG-LND (United Kingdom)

Job Description

About J.P. Morgan Chase & Co.

J.P. Morgan serves one of the largest client franchises in the world. Our clients include corporations, institutional investors, hedge funds, governments and affluent individuals in more than 100 countries. J.P. Morgan is part of J.P. Morgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.2 trillion. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of clients and consumers under its J.P. Morgan and Chase, and WaMu brands.

Job Description

• Monitor and report investment risk on an independent basis. Oversight conducted at the level of strategy, fund/account and product level. Including:

• Global exposure for funds via VaR and the commitment approach
• Monte Carlo Value at Risk analysis vs. benchmark or absolute limit (VaR measure includes analysis of volatility, correlation and tail risk)
• Fund liquidity risk (asset and liability)
• Leverage and Total Exposure analysis
• Stress and scenario analysis
• Ex-ante tracking error
• Carry out relevant investigation and escalation of limit excesses

• Assist with various Risk Management initiatives including implementation of AIFMD regulations impacting JPM funds including oversight of

• Real estate funds
• Structured credit arbitrage
• Other alternative assets

• Ensure that procedures and Risk Management Process (RMP) for risk monitoring are followed
• Preparation of JPMAME and fund and legal entity board reports and materials
• Preparation of Risk Committee and Operating Committee reports and materials
• Assist with various NBIAs including fund launches which may require agreeing risk limits, benchmark reviews, providing leverage estimate, product spec reviews etc. Ensure risk requirements for new funds are met
• Work closely with the Investment Directors in Fixed Income, Equity, AM Solutions and Performance Measurement. Anticipation in the IDR processes

Qualifications

Skills/Qualifications

• Verbal and written communication and presentation skills - demonstrate the potential to develop the ability to present the risk exposure and the appropriate risk management to clients, boards, internal groups and regulators. Ability to explain technical and complex issues in simple and straightforward terms
• Excellent knowledge of all the major asset classes and investment products
• Good knowledge of credit derivatives, structured credit and real estate is a requirement
• Analytical skills and the ability to understand complex issues
• Prepared to undertake qualification such as CFA or CAIA
• Knowledge of market risk management, including value at risk, stress testing and scenario analysis
• Ability to act on own initiative and fulfil objectives with minimum supervision
• Influencing skills
• Team working skills
• Strong all round PC skills
• Good organisaitonal skills - sense of urgency, meeting deadlines

JPMorgan offers an exceptional benefits program and a highly competitive compensation package.

JPMorgan is an Equal Opportunity Employer.

Company Description

J.P. Morgan is a leader in financial services, working in collaboration across the globe to deliver the best solutions and advice to meet our clients needs, anywhere in the world. We operate in 100 countries, and hold leadership positions across our businesses. We have an exceptional team of employees who work hard to do the right thing for our clients and the firm, every day. This is why we are one of the most respected financial institutions in the world.
J.P. Morgan is part of JPMorgan Chase & Co. (NYSE: JPM), a global financial services firm.

 

Apply