Description: Job Title : Counterpart Credit Risk (CRSM) - Associate Posting Description : - Counterparty Risk division consists of Counterparty Credit Risk (CCR), Central Counterparty (CCP) and Commodities groups within Wholesale Credit Risk, which cover OTC Derivatives (cleared and non-cleared), Futures and Options, Securities Financing and Securities Prime Services, CCPs and Commodities. Overall group responsibilities include, but are not limited to, counterparty exposure measurement, monitoring and escalating where appropriate, ad-hoc risk investigations and analyses in collaboration with credit officers, sales and senior management, assessment of CSA terms adequacy, determination of initial margin requirements including corresponding eligible collateral and valuations where applicable, ownership and maintenance of all credit exposure metrics (continuous adequacy assessment), all related exposure calculation/reporting engines and their development agendas and priorities, and Credit Capital and regulatory (CCAR, ICAAP, EBA) related exposure and collateral stress testing. - As a member of CCR Coverage, the candidate will work in partnership with the First Line of Defense, Collateral Operations across all Lines of Businesses (LOBs), to provide risk management oversight of the firm's financial collateral pools and be with Credit Officers, Front Office, and Sales and be responsible for risk decisions around collateral/margining of the derivatives portfolio, including asset eligibility, haircuts, enforceability, CSA negotiation, and identification of concentrations/relatedness. The candidate will operate across various locations to establish synergies and best practices, assess system capabilities, availability and use of risk metrics, identify solutions to enhance transparency and timely escalation of the pertaining collateral risk. - CCR is seeking an Analyst in Mumbai to join the EMEA Counterparty Risk Coverage team. the candidate will work in partnership with the First Line of Defense, Collateral Operations across all Lines of Businesses (LOBs), to provide risk management oversight of the firm's financial collateral pools and be with Credit Officers, Front Office, and Sales and be responsible for risk decisions around collateral/margining of the derivatives portfolio, including asset eligibility, haircuts, enforceability, CSA negotiation, and identification of concentrations/relatedness. The candidate will operate across various locations to establish synergies and best practices, assess system capabilities, availability and use of risk metrics, identify solutions to enhance transparency and timely escalation of the pertaining collateral risk. - The candidate will operate across various locations to establish synergies and best practices, assess system capabilities, availability and use of risk metrics, identify solutions to enhance transparency and timely escalation of the pertaining collateral risk. Job Responsibilities : - Support the EMEA Collateral Risk team in managing all aspects of collateral risk from regulatory margin, in-house margin, collateral pool assessments (liquidity, concentration, wrong-way risk, etc.), collateral/margin disputes. Monitor exposures, identify concentrated or concerning risk positions, and escalate appropriately. Identify notable trends and material changes in the collateral pool - Understand margining methodologies, conduct benchmarking analysis, and engage senior traders to understand trade and market dynamics. Monitor markets and geopolitical developments and assess impact to the collateral pool - Support Sales and Trading on the negotiation of CSAs, mitigating collateral risk by identifying and managing collateral eligibility criteria and non-standard collateral. Keeping abreast of industry initiatives around margin methodologies, providing insights on the impact on JPMorgan and enhancing transparency around emerging risks in the area - Providing on-going support to Credit Officers on counterparty credit exposure for new deals with complex structures correlatedness, including the explain and challenge of calculations by 1st line of defense. Work with other stakeholders to continuously review and enhance exposure methodologies and tools - Contribute to firm-wide projects around key counterparty credit exposure metrics & technical enhancements - Manage responses to bespoke client requests on the firm's initial margin methodologies Required qualifications, capabilities, and skills : - Good understanding of financial instruments and the various parameters and conditions affecting these instruments - Bachelor's degree in a discipline such as Financial Engineering, Mathematics, Physics, Statistics, Engineering, Finance and/or Economics - Ability to communicate results of analysis or underlying risk concepts clearly and succinctly - Good written and verbal communication skills, with the ability to articulate analysis to stakeholders - Adept with Excel and familiarity with Bloomberg. Preferred qualifications, capabilities, and skills : - 5+ years of experience working at a financial institution in a market or credit risk role or in a trading capacity. Python / alterex experience is required - Knowledge of risk management including scenario analysis and stress testing. Knowledge of Dodd-Frank regulatory reform, SIMM, VaR or other initial margin methodologies. Good understanding of quantitative concepts relating to credit exposure, risk sensitivity and stress testing is desirable. - Experience in Credit, Trading or Trading middle office functions. Master's degree, CFA, CQF or FRM designations are preferred. 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 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. 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. 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Mumbai

JP Morgan Chase - Associate - Counterpart Credit Risk 

Job Description for JP Morgan Chase - Associate - Counterpart Credit Risk  in JP Morgan Chase in  Mumbai for (5-10) years of experience. Apply Now!