Risk Management

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.

Job summary

As an Executive Director in Wealth Management Investment Risk & Analytics (IR&A) within the Global Private Bank Risk group, you will be at the helm of reviewing the Global Private Bank’s investment business. You will be part of a team that oversees a wide range of investing activities with a focus on hedge funds and private investments, from onboarding to ongoing governance and oversight. Your role will involve providing risk review and deep-dive assessments of investment and fiduciary activities, liquidity, stress testing, and strategy exposures. We value your strong risk management background and in-depth product knowledge across multiple asset classes.

You will work closely with other Risk Management colleagues, Business partners, and key control functions including Legal, Compliance, Audit, and Control Management, to provide valuable assessment and feedback regarding investment and fiduciary issues and emergent risks. Alternative Investments can open the door to enhanced investment returns and portfolio diversification. Our platform draws upon the knowledge and experience of a global team of investment and due diligence professionals. We partner with key industry players to bring current investment trends to our clients.

Job responsibilities

• Perform investment risk management responsibilities for Global Private Bank in accordance with local regulations, ensuring that risks can be properly identified, measured, and overseen on an ongoing basis.
• Contribute to the enhancement and execution of risk governance processes including standards and procedures, internal risk limits administration, escalation, and resolution.

·  Develop risk assessments across the alternatives platform, produce and assess risk indicators and reports for alternative investments

• Manage a team covering onboarding and ongoing monitoring hedge funds and private investment strategies.
• Identify risk issues in the business and perform reviews into such areas to identify gaps and recommend risk mitigation strategies.
• Collaborate with business and key control functions. 
• Provide informed review to various business teams including due diligence teams and portfolio managers.
• Represent Risk in committees/forums and review key risk issues, as appropriate.
• Represent Risk Management in regulatory exams and internal audits.

Required qualifications, capabilities, and skills

• Education in finance, business, or economics 
• 10+ years of financial risk management in Asset Management or Private Bank, with experience in portfolio risk management and investing approaches, with a focus on hedge funds and private investments. 
• Ability to review risks in investment portfolios including market and liquidity risk metrics, stress tests, sensitivities, and draw inferences from these about response to market events, emergent risks or portfolio performance
• Knowledge of hedge funds and private investments and market risk methodologies such as Value-at-Risk (VaR), stress and sensitivities
• Familiarity with Office of the Comptroller of the Currency (OCC), Securities and Exchange Commission (SEC), and Financial Industry Regulatory Authority (FINRA) financial regulations, especially investment management regulations.
• Ability to persuade business partners while working constructively to achieve a common goal
• Proficiency in communicating with senior management and in sensitive situations
• Control mentality – naturally skeptical, with an ability to anticipate unforeseen consequences
• Self-starter with ability to initiate, plan, execute and manage projects 
• Experience in Tableau or equivalent data visualization software; portfolio management tools Fact Set, Barra, Bloomberg Port, or Blackrock Aladdin

Preferred qualifications, capabilities, and skills

• Advanced degree 
•  Certifications such as Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM)