Asset & Wealth Management Counterparty Risk Director

Join JPMorgan Chase Asset and Wealth Management (AWM) as a Team Lead in Counterparty Risk, driving thought leadership and collaboration within your cross-functional team to ensure comprehensive counterparty risk management practices across Asset and Wealth Management businesses.

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 the Asset and Wealth Management (AWM) International Counterparty Risk Team Lead, you will lead and manage the counterparty risk functions within Asset Management (AM) and Wealth Management (WM) Counterparty Risk, as well as WM Counterparty Credit Risk. Your expertise in Firmwide, Wholesale Credit, and AWM counterparty risk management frameworks, governance, and regulatory requirements will be crucial as you contribute to the development of AWM Counterparty Risk organizational strategy. You will foster collaboration across counterparty risk team members and serve a key function in overseeing compliance with wholesale policy and any AWM-specific framework documentation standards and guidelines.

Job Responsibilities

• Lead and manage team responsible for AM and WM Counterparty Risk, overseeing compliance with end-to-end counterparty governance frameworks, with a focus on international clients, counterparties and business areas.
• Drive the consolidation and alignment of AWM Counterparty risk functions.
• Collaborate with cross-functional teams, including Wholesale Credit and AM/WM Investment Risk teams to ensure comprehensive and consistent risk management practices.
• Oversee counterparty risk exposure trends, thresholds / limit frameworks, and policies / guidelines / procedures applicable to AWM clients and counterparties.
• Lead strategic counterparty initiatives, driving the technology agenda for infrastructural change and exposure connectivity across business and risk systems.
• Provide credit risk oversight during the negotiation of ISDA Master Agreements, Credit Support documentation, and other legal contracts with counterparties by collaborating closely with legal and business teams to ensure that counterparty and credit risk considerations are accurately and comprehensively reflected in contractual terms.
• Present counterparty risk topics, framework updates, strategies, and methodologies in risk committees and forums, engaging with senior stakeholders across Asset Management and Wealth Management to communicate risk exposures, mitigation strategies, and provide credible 2nd Line of Defense challenge.
• Engage on new business initiatives by providing guidance on counterparty risk requirements and participating in due diligence meetings for client accounts.
• Support control agendas across AWM internal and external audits and control reviews.
• Ensure compliance with regulatory capital and stress testing requirements, framework development and ownership determination, provide inputs for firmwide submissions, and ensure compliance with developing Asset Management regulatory requirements for Funds, Investment Advisors, and all other Fiduciary roles.

Required Qualifications, Capabilities, and Skills

• Demonstrated leadership skills with the ability to manage cross-functional teams.
• Extensive experience in counterparty risk management within financial institutions.
• Strong understanding of financial trading activities and associated risks.
• Familiarity with counterparty risk frameworks and regulatory compliance.
• Experience negotiating legal documentation
• Excellent analytical and problem-solving abilities.
• Strong communication and interpersonal skills.

Preferred Qualifications, Capabilities, and Skills

• Experience in Asset and Wealth Management.
• Proven ability to manage high-performing teams through transformation.
• Development of data reporting and new metric creation.
• Technical understanding of Asset Management regulatory requirements across fund types and jurisdictions.
• Familiarity with AWM-specific framework documentation standards and guidelines.