TRADE RISK MANAGER - AMERICAS ASSOCIATE/VP

JPMorgan Chase Bank, N.A.

New York, NY, USA

Full time

Global Finance/Legal

Export

Nov 22

Full Job Description

Department Description:


Operating in a dynamic and fast moving environment, Trade Risk is a product credit team and centre of excellence within Wholesale Credit responsible for overseeing JPM's growing Trade & Working Capital business. The team provides credit control oversight of trade finance initiatives which enhance clients' supply chain management and working capital efficiency. Trade Risk's primary responsibilities are to approve individual trade finance transactions, manage credit exposure, and partner with the business for development of new Trade products. The risk portfolio encompasses a broad variety of products including supply chain finance, structured trade solutions, export credit agency loans, trade loans and letters of credit with CIB and CB clients across the Americas region.


Key Responsibilities:


Based in New York, you will assist the Head of Trade Risk for the Americas with responsibility to evaluate new transactions, monitor the portfolio, implement/develop risk policies and coordinate training efforts on various trade products. You will collaborate closely with Trade Management, Trade Sales, Credit Risk, Legal, Compliance and Operations. This role presents a unique opportunity to partner with the expanding Global Trade & Working Capital team to drive a strong risk culture and independently identify, assess and address risk issues as they arise. Over time, you will develop in-depth product expertise across the firm's suite of trade solutions with support and guidance from your colleagues in this global team. Candidates with general Risk or Credit experience who have an interest in Trade are encouraged to apply. We are deeply committed to developing new talent with ongoing training and diverse skill sets are considered an asset to the team.

  • Approve trade transactions within delegated authority across the assigned portfolio and monitor exposure
  • Provide risk management decision on variations from standard documentation and/or product policy & guidelines
  • Assist trade sales, GCB and coverage on requests to the Credit team for credit lines to support new business and advise Credit on suitability of product for a given counterparty or suitability of the structure at transaction level
  • Partner with key stakeholders to approve new structures, policy exceptions and control solutions
  • Interact with Trade sales team to voice risk views and solutions to transactions in the pipeline
  • Participate in Regional Risk & Country Committees
  • Partner with Trade Risk counterparts in other regions to share best practices
  • Provide training on trade products & associated risks to JPM internal partners
  • Attend Industry Events
  • Attend and contribute to various Business forums & committees where Trade Risk is a voting member


Essential Skills:

  • Minimum 4 years of experience in a related role (e.g. Credit Risk, Trade Risk) with strong credit skills
  • Demonstrated ability to operate in a time-sensitive environment whilst multi- tasking is a must have
  • Curious intellectual & business acumen with willingness to take a leading role in a wide range of initiatives and drive solutions
  • Excellent ability to communicate effectively at all levels of the organisation
  • Good interpersonal skills with aptitude to influence decision process and align risk strategy with business objectives
  • Self-starter with demonstrated track record in successfully leading collaborative efforts with other constituents who may have different backgrounds, risk understanding, skill sets and priorities
  • Robust experience interpreting and negotiating legal documentation


Desirable Skills (not required):

  • Basic understanding of key traditional trade instruments and their various risks would be advantageous
  • Experience in secured or structured finance transactions
  • Proficiency in Spanish or Portuguese a plus

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.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.


We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be 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.

Equal Opportunity Employer/Disability/Veterans

Base Pay/Salary

New York,NY $137,800.00 - $275,000.00 / year

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