Asset Management - Investment Risk Alternatives, Vice President

JobID: 210503455

Category: Market Risk

JobSchedule: Full time

Posted Date: 2024-06-10T18:40:59+00:00

JobShift:

Base Pay/Salary: New York, NY $136,800.00-$238,000.00

J.P Morgan Asset Management has 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