Counterparty Risk Coverage EMEA - Analyst

Job Description

Organization Description The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment. Employer Description 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 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 based on any protected attribute, including race, religion, colour, 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. In accordance with applicable law, we make reasonable accommodations for applicants and employees religious practices and beliefs, as well as any mental health or physical disability needs. Team Description The Counterparty Risk team within CIB organization is a global private side group and works to measure and manage the risk generated from trading activities with JP Morgan clients across all asset classes, products, and client types. Clients are primarily Hedge Funds and traditional Asset Managers but also include Banks and Broker Dealers, Insurance Companies, Pension Funds and Corporates. Asset classes include equities, rates, FX, credit and commodities. Products range from vanilla FX to securities financing transactions to structured credit. The team is also responsible for risk decisions around collateral/margining of the derivatives portfolio - including asset eligibility, haircuts, enforceability, CSA negotiation, and identification of concentrations/relatedness as well as coordinating liquidation of collateral in close-outs. Job Description The Counterparty Risk Coverage team is looking for an Analyst in Mumbai to support counterparty credit risk exposure and stress analysis for the EMEA region. The candidate will work collaboratively to cover all counterparty credit risks within the region with an emphasis on the activities of bilateral OTC derivatives and securities financing transactions (SFT). The job requires regular interaction with sales and marketing, trading, credit officers, market risk and quantitative research. Responsibilities
• Perform quantitative risk analyses of the portfolio to identify key risks, concentrations, and compile risk commentaries.
• Monitor markets and geopolitical developments and assess impact on client portfolios.
• Conduct pre-trade analysis on complex OTC derivative and securities financing transactions using internal credit risk modelling and front office pricing systems.
• Liaise with sales, structuring, legal teams, and risk managers to understand structural features and risk mitigants to be incorporated in credit exposure modelling.
• Manage responses to bespoke client requests on the firm s initial margin methodologies.
• Understand and enhance stress methodologies in line with market movements for different underlying across asset classes.
• Conduct deep dives on exotic/structured areas of the portfolio to support the portfolio risk management mandate of the team.
• Involvement in strategic projects aligned with the team s responsibilities
• Drive the development of appropriate analytical tools to enhance the overall efficiency of the team.
What we look for in strong candidates:
• Bachelor s degree in a discipline such as Financial Engineering, Mathematics, Physics, Statistics, Engineering, Finance and/or Economics.
• Possess strong analytical, quantitative, and problem-solving skills
• Proficiency in Microsoft Office Suite, especially Excel, PowerPoint, and Word
• Knowledge of programming languages (python, SQL, R etc.) and software packages such as Alteryx, Tableau etc.
• Knowledge of trading products, spanning derivatives on the major asset classes (interest rates, equities, credit, commodities, FX) and repos, including exotic structures on these.
• Highly motivated with a natural passion to learn and an inquisitive personality
• Strong interpersonal skills and an ability to work well in a team environment
• Strong sense of accountability and ownership of tasks
• Interest in client interaction with strong verbal and written communication skills
• Capable of understanding, describing, presenting, and debating complex concepts
• Ability to perform well under pressure in a demanding environment managing multiple tasks at the same time
• Strong attention to detail and an excellent work ethic
• Master s degree, CFA, CQF or FRM designations are a plus.
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Keyskills :
pension fundsportfolio riskbusiness bankingfront officecredit risksmall businessmarket riskrisk management