Asset Management - Investment Risk Alternatives, Vice President

J.P Morgan Asset Managementhas one of the industry's most comprehensive and well-regarded alternative investment businesses, with more than $170 billion in Assets Under Management (AUM) and diversified alpha engines across Hedge Funds, Absolute Return Fixed Income, Private Equity, Private Credit and Real Assets, which includes Real Estate, Infrastructure, Transportation and Natural Resources.

Our 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 CRO and is a member of the Risk Operating Committee as well as the Asset and Wealth Management Operating Committee. The AM Risk team, led by the AM Chief Risk Officer (CRO), is aligned to the AM business covering the broad spectrum of risks inherent in the global institutional businesses.

Job summary

As a Vice President in Asset Management Risk within the Investment Risk Alternatives 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 Real Estate within the Alternatives business, where you will monitor market risk, measure exposure, and assist in developing risk and investment approval policies. We are seeking a risk professional with markets and ideally Alternatives experience to join our team. This role offers you the chance to be part of a team that reports to the AM Alternatives Risk Americas Lead, and to contribute to our goal of maintaining strong controls and managing risks effectively.

The position will include proactive management of investment, liquidity and counterparty risk based on ongoing, informed, and educated market observations with a focus on Real Estate within the Alternatives business. This position will provide investment, liquidity and counterparty risk oversight, market risk monitoring, exposure measurement and concentration identification, and assist in developing and enforcing risk and investment approval policies across the businesses. The ideal candidate should have a risk management background and product knowledge across multiple asset classes or specific Alternatives strategies.

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 Alternatives

• 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:

• 7+ years of experience in financial services industry related to trading, portfolio management, risk management, and/or investment risk across asset classes; buy-side and alternatives experience

• 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

• Undergraduate degree required

• Knowledge of market risk methodologies such as VaR, stress and sensitivities

Preferred qualifications, capabilities, and skills:

• Familiarity with modeling and working knowledge of portfolio valuations and risk systems

• 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. CFA, CAIA

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability/Veterans

Base Pay/Salary

New York, NY $136,800.00 - $238,000.00 / year