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JPMorgan Chase & Co.

Counterparty Credit Risk - Associate

London
Posted about 13 hours ago
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Be part of a team that plays a critical role in managing counterparty credit risk across global markets. You will work on exposure measurement, margin methodologies, and risk insights that directly impact business decisions. The role offers exposure to complex products and collaboration with stakeholders across Front Office, Credit, and Technology. You will contribute to enhancing risk frameworks and shaping how emerging risks are understood. This is an opportunity to develop deep expertise in counterparty risk within a dynamic environment.

As a Counterparty Credit Risk Associate in Counterparty Credit Coverage team, you will work closely with Credit Officers, Front Office, and Sales to assess client-level exposures and determine appropriate execution limits. You will maintain oversight of portfolio exposure by monitoring and escalating concentrated exposures, liquidity, and market risks. You will contribute to exposure methodologies, margin frameworks, and risk investigations, supporting informed decision-making across the business.

Job responsibilities

  • Keep abreast of industry initiatives around margin methodologies, providing insights on impact and enhancing transparency around emerging risks
  • Provide independent advice on counterparty credit exposure for new deals with complex structures, including explaining and challenging calculations by the first line of defense
  • Act as subject matter expert on counterparty credit exposure and risks, providing guidance on methodology releases, model limitations, and policy updates
  • Work with QR, Technology, Credit Officers, and stakeholders to review and enhance exposure methodologies and tools
  • Partner with Sales and Trading on development and rollout of counterparty credit exposure frameworks for new products or structures
  • Deliver on regulatory and audit matters as required
  • Manage and contribute to firm-wide projects related to counterparty credit exposure metrics and technical enhancements

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Graduate Consultant — 2026 Scheme

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£35,000/yr

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Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.

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Required qualifications, capabilities, and skills

  • Bachelor’s degree in Financial Engineering, Mathematics, Physics, Statistics, Engineering, Finance, and/or Economics
  • Experience in a risk, trading, valuation control, or quantitative research role, partnering with Front Office
  • Proficiency in MS Excel and familiarity with Bloomberg
  • Proficiency in coding (Python); experience with automation solutions such as Tableau and Alteryx
  • Strong written and verbal communication skills, with ability to explain technical concepts to non-specialists
  • Ability to adapt communication style to different audiences and challenge appropriately
  • Strong accountability and ownership, with a risk mindset and confidence to articulate and challenge risk judgments

Preferred qualifications, capabilities, and skills

  • Experience in Market and/or Counterparty Credit Risk, particularly in margin, collateral, or exposure metrics
  • Knowledge of traded products, including derivatives across asset classes, securities, and financing
  • Working knowledge of internal systems and infrastructure is an advantage

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals, and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services, and payments. Corporations, governments, and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk, and extends liquidity in markets around the world.

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Skills

Counterparty Credit Risk
Exposure Measurement
Margin Methodologies
Python
MS Excel
Bloomberg
Tableau
Alteryx
Financial Engineering
Risk Management
Derivatives
Quantitative Research
Communication Skills
Risk Frameworks
Valuation Control
Stakeholder Management

Location

London, England, United Kingdom

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