Risk Management - Counterparty Credit Risk – Prime Brokerage Coverage Lead – Executive Director

JPMorgan Chase
New York, NY
On-site

Who this role is best for

Best suited to candidates with 10+ years in counterparty credit risk, working in Prime Brokerage and collaborating across Credit Officers, Sales and Trading, and senior management in New York.

Best fit for

  • Candidates with 10+ years in counterparty credit risk and a focus on Prime Brokerage
    — “10 years of experience in risk management and/or counterparty credit risk”
  • Individuals who can independently challenge assumptions and escalate issues
    — “Proven ownership mindset with ability to operate independently in a dynamic environment”
  • Candidates with technical expertise in margin methodologies and risk reporting
    — “Serve as subject matter expert on Prime Brokerage margin methodologies, processes, and supporting systems”

Things to consider

  • This role requires strong judgment and ability to work with senior stakeholders on risk governance
    — “Strong judgment and ability to challenge assumptions and escalate issues with clarity and professionalism”
  • Candidates must be able to handle complex data to synthesize risk conclusions
    — “Strong analytical and problem-solving skills, with ability to synthesize complex data into clear risk conclusions and recommendations”

How to stand out

  • Highlight experience in counterparty stress analysis and exposure monitoring in your resume
    — “Apply Counterparty Stress Analysis framework to analyze and monitor exposures”
  • Demonstrate your ability to provide risk recommendations for margin requests
    — “Review client margin requests, assess adequacy versus stress exposures, and provide recommendations for approval”
  • Showcase your collaboration with Credit Officers and front-office teams in your interview prep
    — “Partner with Credit Officers, Sales and Trading, Market Risk, and senior management”
Pace · Fast PacedCollaboration · HighAutonomy · HighDecision Impact · Team

Derived from job-description analysis by Serendipath's career intelligence engine.

What success looks like

  • Identify, analyze, and escalate counterparty exposures
Typical background
10 years of experience in risk management and/or counterparty credit risk

Skills & requirements

Required

Risk ManagementCounterparty Credit RiskFinancial MarketsAnalytical SkillsProblem-solvingOwnership MindsetCommunication SkillsProject ManagementLLM And AI Toolsets

Preferred

Prime Brokerage Risk Management

Stack & domain

Risk ManagementCounterparty Credit RiskMargin MethodologiesStress AnalysisRisk GovernanceLarge Language Model (llm)AI ToolsetsProblem-solvingCommunicationProject ManagementLeadershipFinance

About the role

Original posting from JPMorgan Chase

Bring your Expertise to JPMorganChase. As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase 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.

As an Executive Director in the Counterparty Credit Risk team, you will play a key role in managing and mitigating counterparty credit risk across a diverse portfolio. You identify, analyze, and escalate exposures, validate risk reporting, and act as a subject matter expert on margin methodologies and processes. You partner with Credit Officers, Sales and Trading, Market Risk, and senior management to ensure robust risk governance and timely escalation. You help us strengthen risk controls, challenge assumptions, and drive improvements in exposure metrics and reporting.

Job responsibilities:

Act as Counterparty Credit Risk coverage lead supporting Prime Brokerage

Identify, analyze, monitor, and escalate counterparty exposures, including concentrations and stress vulnerabilities

Validate daily risk and exposure reporting, escalating concerns to Credit Officers, senior management, and the front office

Serve as subject matter expert on Prime Brokerage margin methodologies, processes, and supporting systems

Review client margin requests, assess adequacy versus stress exposures, and provide recommendations for approval

Maintain strong knowledge of Prime Brokerage clients and business activity, formulating risk appetite views and challenging risk requests

Monitor margin adequacy and risk across top Prime Brokerage counterparties and portfolios

Apply Counterparty Stress Analysis framework to analyze and monitor exposures

Partner with business and risk stakeholders on exposure topics, methodology releases, model limitations, and policy enhancements

Contribute to firmwide initiatives related to counterparty credit exposure metrics, reporting, and technical enhancements

Required qualifications, capabilities, and skills:

10 years of experience in risk management and/or counterparty credit risk, including exposure monitoring, margining, stress analysis, and risk governance 

Strong understanding of financial markets and ability to assess the impact of market moves on counterparty exposures

Strong analytical and problem-solving skills, with ability to synthesize complex data into clear risk conclusions and recommendations

Proven ownership mindset with ability to operate independently in a dynamic environment

Strong judgment and ability to challenge assumptions and escalate issues with clarity and professionalism

Excellent written and verbal communication skills, including experience presenting to senior stakeholders

Strong organizational and project management skills, with ability to manage multiple priorities under tight deadlines

Proficiency in using large language model (LLM) and AI toolsets

Experience in risk management and/or counterparty credit risk, including exposure monitoring, margining, stress analysis, and risk governance (Prime Brokerage Risk Management preferred)

Preferred qualifications, capabilities, and skills:

Experience in risk management and/or counterparty credit risk, including exposure monitoring, margining, stress analysis, and risk governance (Prime Brokerage Risk Management preferred)

JPMorganChase, 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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans

Source: JPMorgan Chase careers

Similar roles