CIB – Credit Risk Management – Asia Funds - Associate

Location:Sydney
Job Type:Full Time

Who We Are


JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the worlds most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

What it Means To Work Here


Here, you'll feel welcomed and valued. Our clients, transactions, deals and projects are global so we work hard to create diverse, inclusive teams that support our business and each other. Learn about our culture here.

About J.P. Morgan’s Corporate & Investment Bank

J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $26 trillion of assets under custody and $485 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Further information about J.P. Morgan is available at www.jpmorgan.com.

In Australia, J.P. Morgan is one of the few full-service and fully-integrated financial institutions. Credit Risk Management houses the bank's internal credit experts who provide transaction execution and ongoing management of the bank's credit exposure portfolio. The team covers activities of the bank that give rise to credit risk across multiple products. The Primary Credit coverage for a portfolio of Hedge Funds, Mutual Funds and Asset Managers domiciled in Australia & New Zealand, with supporting coverage for ex-Australia counterparties.

Your key responsibilities will include:


  • Primary Credit Officer for a portfolio of Australian / New Zealand Hedge Funds and Asset Managers, acting as the main point of contact for all Lines of Businesses. Maintain primary responsibility for the management of the on-going credit relationship by assigning internal rating, recommending credit appetite and critically assessing the output of risk measures to determine appropriateness given specific client circumstances
  • Lead client due diligence meetings, transaction structuring / execution and oversee negotiation of documentation. Review and approve trading activity, including recommending margin requirements as well as structural enhancements

  • Be responsive and constructive with colleagues in the Business / Legal. Build effective client partnerships, both internally and externally. Ensure that the Business’ priorities are understood, challenged and managed

  • Demonstrate deep understanding of Hedge Fund / Asset Manager investment strategies and risks inherent to them

  • Work closely with NA / EMEA Credit counterparts to maintain a consistent global coverage model


To be successful you will need:

  • Strong credit / risk analysis skills, with credit experience (2 – 5 years) in conducting diligence on Hedge Funds, Asset Managers or Financial Institutions obtained in a corporate or investment bank

  • Tertiary qualification in Business, Finance or a related field. Relevant post graduate qualifications (e.g. CFA, Masters of Finance) would be highly regarded

  • Experience in (or has the ability to) lead in-depth client credit due diligence both in person & on the telephone

  • A good knowledge of flow and exotic derivatives (both bilateral and OTC cleared), Prime Brokerage and Clearing Services, Securities Financing and associated documentation (ISDA/CSA/GMRA/Clearing Agreements etc)

  • Understanding of the theory behind the risk and return metrics (VaR, Stress, MTM, DV01, other relevant risk sensitivities), including critical assessment of shortcomings / strengths of various measures / methods

  • Knowledge of the Hedge Fund and Asset Management industry, fund strategies and risks inherent to them, financial markets (including macro and micro economics) would be beneficial

  • Strong interpersonal and communication skills. Be able to establish credibility / trust with both internal and external stakeholders. High level of intellectual curiosity.

We are open to conversations about flexible working for this position. This could range from ad hoc flexibility in a full time position, to a more formal Flexible Work Arrangement.

J.P. Morgan is an equal opportunity employer and is committed to providing a working environment that embraces and values diversity and inclusion. We are proud to achieve Bronze Employer status in the 2019 Australian Workplace Equality Index (AWEI). If you have any support or access requirements, we encourage you to advise us at time of application.