Asset Management, Highbridge Global Risk Management

Location: New York, NY, United States

Job Family: Product Development

About the Role

JPMorgan Chase & Co. is a leading global financial services firm with assets of $3.7 trillion and operations worldwide, renowned for its innovative asset management solutions. Within the Asset Management division, Highbridge Capital Management stands as a premier alternative investment platform, offering hedge fund strategies across equities, credit, and multi-strategy approaches. We are seeking a Vice President to join the Highbridge Global Risk Management team in New York, NY. This role, categorized under Product Development, will play a pivotal part in enhancing our risk frameworks and portfolio construction methodologies to drive superior risk-adjusted performance for institutional and high-net-worth clients. As Vice President, you will lead efforts in developing sophisticated risk models and portfolio strategies that align with Highbridge's dynamic investment mandates. Responsibilities include conducting in-depth quantitative analyses, performing stress tests on multi-asset portfolios, and collaborating with cross-functional teams to innovate product offerings. Leveraging JP Morgan's vast resources, including proprietary data and cutting-edge technology platforms, you will monitor global market risks, ensure regulatory compliance, and provide actionable insights to portfolio managers. This position demands a blend of technical expertise and strategic thinking to navigate the complexities of alternative investments in a volatile financial landscape. The ideal candidate thrives in JP Morgan Chase's collaborative culture, where innovation meets rigorous risk discipline. You will contribute to Highbridge's growth by integrating advanced analytics, such as machine learning for predictive risk modeling, and supporting the evolution of sustainable investment products. This role offers exposure to senior leadership and opportunities to shape the future of asset management at one of the world's most respected institutions, all while benefiting from comprehensive professional development and a supportive work environment in the heart of New York City's financial district.

Key Responsibilities

• Develop and implement risk management frameworks for Highbridge's global investment portfolios, focusing on multi-asset class strategies
• Conduct portfolio construction analysis, including optimization, stress testing, and scenario modeling to enhance risk-adjusted returns
• Collaborate with portfolio managers and investment teams to integrate risk considerations into product development and strategy formulation
• Monitor market risks, liquidity risks, and counterparty exposures using advanced quantitative tools and real-time data analytics
• Lead the design and back-testing of risk models, ensuring alignment with JP Morgan Chase's enterprise risk management standards
• Provide insights and recommendations on portfolio adjustments to senior leadership, supporting Highbridge's alternative investment objectives
• Contribute to regulatory reporting and compliance efforts, including preparation for audits and interactions with regulatory bodies
• Mentor junior analysts and foster a culture of innovation in risk and portfolio construction within the Asset Management division
• Analyze emerging market trends and risks to inform proactive portfolio strategies
• Support the integration of ESG factors into risk assessment and portfolio construction processes

Required Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field; advanced degree (MBA, MS in Finance, or PhD) strongly preferred
• Minimum of 5-7 years of experience in risk management, portfolio construction, or quantitative analysis within asset management or hedge funds
• Proven track record in managing multi-asset class portfolios, with expertise in derivatives, equities, fixed income, and alternative investments
• Strong understanding of financial markets, risk metrics (VaR, stress testing, scenario analysis), and regulatory frameworks such as Dodd-Frank and Basel III
• Proficiency in quantitative modeling and statistical analysis, including experience with risk systems and portfolio optimization tools
• CFA, FRM, or equivalent certification required
• Ability to thrive in a fast-paced, collaborative environment within a global financial institution

Preferred Qualifications

• Experience working at a leading asset management firm or hedge fund, ideally with exposure to alternative strategies like those at Highbridge
• Advanced knowledge of machine learning applications in risk modeling and portfolio construction
• Prior involvement in product development for investment strategies or risk frameworks at JP Morgan Chase or similar institutions
• International experience managing cross-border portfolios and navigating global regulatory environments
• Publication or presentation record in financial risk management or quantitative finance

Required Skills

• Quantitative analysis and modeling
• Risk assessment and management
• Portfolio optimization techniques
• Financial market knowledge
• Statistical software proficiency (e.g., R, Python, MATLAB)
• Data analytics and visualization tools (e.g., Tableau, Excel advanced functions)
• Derivatives pricing and hedging strategies
• Stress testing and scenario analysis
• Regulatory compliance expertise
• Communication and presentation skills
• Team collaboration and leadership
• Problem-solving in complex financial environments
• Attention to detail and accuracy
• Adaptability to dynamic market conditions
• ESG integration in investments

Benefits

• Competitive base salary and performance-based bonus structure, with total compensation reflecting JP Morgan's leadership in financial services
• Comprehensive health, dental, and vision insurance plans, including coverage for family members
• 401(k) retirement savings plan with generous company matching contributions
• Paid time off, including vacation, sick leave, and parental leave policies
• Professional development opportunities, such as tuition reimbursement for advanced certifications (e.g., CFA, FRM) and access to internal training programs
• Wellness programs, including gym memberships, mental health support, and employee assistance services
• Flexible work arrangements, including hybrid options in JP Morgan's state-of-the-art New York facilities
• Stock purchase plans and employee discounts on financial products and services

JP Morgan Chase is an equal opportunity employer.