Associate/Analyst - Clearing house - Central Counterparty Credit Risk &amp; Strategy - Wholesale Credit Risk (WCR) is responsible for the on-boarding and ongoing credit risk management of J.P. Morgan's Corporate &amp; Investment Bank ( CIB ) clients. The Global Central Counterparty (CCP) Credit Risk &amp; Strategy Team (CRT) manages the risks emanating from the CCP credit risk portfolio, which are some of the largest credit exposures as a result of mandatory clearing. The team partners closely with business units across Global Markets and Sales, Wholesale Payments, Securities Services, and Investment &amp; Corporate Banking. - The team liaises with external constituents to advocate for and address CCP risk concerns and related regulatory matters. In addition, CRT helps to ensure consistent JPM communication on CCP risks globally. WCR is recruiting a Senior Associate to manage a portfolio of CCPs in APAC. - Developing an in-depth understanding of CCP risks and their risk management frameworks in order to support team members, provide needed input to other internal groups, and lead external discussions with CCP risk professionals - Managing portfolio of CCPs on an ongoing basis with ability to: - Evaluate CCP rules/procedures as part of onboarding of CCPs - Pro-actively monitor risk related developments at CCPs, following up to understand impact and initiating discussions to seek changes to address risk concerns - Perform CCP credit due diligence and financial analysis and summarize in written credit approval memos and reviews - Assess creditworthiness of and assign credit ratings to CCPs and/or their parent entities - Review and approve trading activity, including recommending credit enhancements and appropriate structures and provide inputs into legal negotiation of credit agreements - Set and communicate credit exposure limits across products utilizing internal exposure methodologies and monitor exposures/ limits - Participate in CCP risk industry working groups and provide required input - Participating in transactions and facilitate/ approve credit facilities - Representing region to facilitate completion of CCP credit risk related projects Qualifications: - 4+ years of work experience in financial services, including familiarity with CCP risk management frameworks, financial modeling and analysis, ideally in a (credit) risk environment - Strong familiarity with derivatives and traditional credit products as well as good understanding of market and credit risk measurement concepts with experience in underwriting, structuring, and negotiating loan, derivative, and liquidity management transactions - Strong initiative, project management skills with ability to independently manage multiple priorities/ deadlines and proactively contribute and represent region in strategic global CRT-wide initiatives - Excellent communication skills and strong interest in client interaction with ability to lead external discussions with senior CCP risk professionals to stay abreast of market developments, and emerging CCP risk-related best practices and issues - Solid control mindsight: ensure credit policy and processes are observed and controls are maintained and ability to challenge first line and escalate emerging risks or issues - Knowledge of CCPs, clearing businesses and derivatives-related regulatory and legislative agendas - Strong attention to detail, excellent analytical skills

Mumbai

 JPMorgan Chase - Associate/Analyst - Clearing House - Central Counterparty Credit Risk & Strategy 

 JPMorgan Chase - Associate/Analyst - Clearing House - Central Counterparty Credit Risk & Strategy  ,Job Description for  JPMorgan Chase - Associate/Analyst - Clearing House - Central Counterparty Credit Risk & Strategy  in Citibank in  Mumbai for (4-10) years of experience. Apply Now!

Job Description for  JPMorgan Chase - Associate/Analyst - Clearing House - Central Counterparty Credit Risk & Strategy  in Citibank in  Mumbai for (4-10) years of experience. Apply Now!