**Description**
J.P. Morgan Corporate & Investment Bank is a global leader across banking, markets, securities services and asset and wealth management. The world's most important corporations, governments, financial institutions, pensions, sovereign wealth organizations, states and municipalities entrust us with their business. We offer our clients a full suite of global financial services and capabilities, providing strategic advice, raising capital, managing risk and extending liquidity in markets around the world. Not only is our goal to help clients succeed, we are committed to contributing to orderly and well-functioning markets and supporting global economic growth across our businesses.
In Australia, J.P. Morgan is one of the few full-service and fully-integrated financial institutions, providing products and services from J.P. Morgan's Corporate & Investment Bank, Asset Management and Private Bank to corporations, government, institutional and sophisticated investors.
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.
An opportunity has arisen for a qualified Credit Officer to join the Asia Funds Team, serving as 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.
**Responsibilities**:
- 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 ratings, 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 legal 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
**Experience Required**:
- Strong counterparty credit risk analysis skills, with 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, etc), including critical assessment of shortcomings / strengths of various measures / methods
- Knowledge of the Hedge Fund and Asset Management industry, financial markets (including macro and micro economics), fund strategies and risks inherent to them
- Strong interpersonal and communication skills. Be able to establish credibility & trust with both internal and external stakeholders. High level of intellectual curiosity.
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.
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