IB Risk – OTC Clearing Market Risk – Associate – London recruitment

Associate in EMEA: OTC Clearing Market Risk
We are looking for a self-motivated individual with risk management experience in Credit Derivatives for an Associate role in OTC Clearing Market Risk, London office.
Responsibilities:Analyze new client portfolios and determine margin and limit terms.
Effectively interact with credit, sales, solutions and legal during this process.Manage existing clients' contingent market risk by reviewing daily positions, stresses and sensitivities.Approve or reject limits excessions and requests for limits increases.
Investigate and resolve client margin disputes.Engage with and provide feedback to exchanges on new clearinghouse margin methodologiesDevelop and implement new risk measures and margin methodologies for new products.Ensure capture of new products' risks and missing risks on current products through prioritization of projects with technology and Risk Metrics.
Test and sign off on enhancements.

Qualifications
QualificationsSolid understanding of Credit derivatives products valuation, sensitivities and stresses.Must work well with external clients and internal colleagues of all levels, and be able to communicate effectivelyAttention to detail; self starterBA in business related discipline with related experienceLocationSome London based IB
Risk
roles will be moving to Canary Wharf over the course of 2012.
Further details will be provided to the successful candidate at the point of hire.
About JPMorgan Chase Co.
J.P.
Morgan serves one of the largest client franchises in the world. Our clients include corporations, institutional investors, hedge funds, governments and affluent individuals in more than 100 countries. J.P.
Morgan is part of
JPMorgan Chase Co. (NYSE: JPM), a leading global financial services firm with assets of $2.2 trillion.
The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of clients and consumers under its J.P.
Morgan and Chase, and WaMu brands.
J.P. Morgan offers an exceptional benefits program and a highly competitive compensation package.
J.P. Morgan is an Equal Opportunity Employer.