Securitized Products Group - Development Risk Manager - Vice President

Location: Chicago, IL, United States

Job Family: Client Management

About the Role

JPMorgan Chase & Co. is a leading global financial services firm with assets of $3.9 trillion and operations worldwide. In the Securitized Products Group, we drive innovative solutions in structured finance, including tax equity investments that support affordable housing initiatives. As a Development Risk Manager - Vice President, you will play a pivotal role in managing risks for our leading tax equity team, ensuring the sustainability and profitability of investments that advance social impact while delivering strong returns for clients. Based in our Chicago office, this position offers the opportunity to contribute to meaningful projects at the intersection of finance and community development within a collaborative and dynamic environment. In this client-facing role, you will spearhead risk management efforts for affordable housing portfolios, leveraging your expertise to identify potential vulnerabilities and implement robust mitigation strategies. You will work closely with investment teams to assess credit, market, and operational risks associated with securitized products, utilizing advanced financial modeling to forecast outcomes under various scenarios. Your insights will directly influence strategic decisions, helping to safeguard client investments and align with JPMorgan Chase's commitment to responsible finance. This involves not only technical analysis but also engaging with clients to articulate risk profiles clearly, building trust and long-term partnerships. The ideal candidate thrives in a high-stakes setting, combining deep industry knowledge with a proactive approach to risk oversight. You will collaborate across departments, including compliance and legal, to ensure all activities meet regulatory requirements such as those from the SEC and IRS. At JPMorgan Chase, we value innovation and integrity, providing you with cutting-edge tools and resources to excel. This Vice President-level position is an excellent platform for career growth, offering exposure to complex financial structures and the chance to make a tangible difference in affordable housing access.

Key Responsibilities

• Lead the development and execution of risk management frameworks for affordable housing investments in the Securitized Products Group
• Conduct comprehensive risk assessments, including credit, market, and operational risks, for tax equity portfolios
• Collaborate with the tax equity team to identify, mitigate, and monitor investment risks while ensuring compliance with regulatory standards
• Develop and maintain financial models to evaluate the performance and risks of securitized products related to affordable housing
• Provide strategic advice to senior leadership on risk exposures and mitigation strategies for client investments
• Oversee stress testing and scenario analysis to support decision-making in volatile market conditions
• Foster strong relationships with clients, explaining risk profiles and management approaches to enhance trust and satisfaction
• Monitor portfolio performance and recommend adjustments to align with JPMorgan Chase's risk appetite
• Ensure adherence to internal policies, SEC regulations, and industry best practices in all risk-related activities

Required Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field; advanced degree (MBA or Master's in Finance) preferred
• Minimum of 7-10 years of experience in risk management, investment analysis, or financial services, with a focus on tax equity or securitized products
• Strong understanding of affordable housing finance, tax credits, and regulatory frameworks such as LIHTC (Low-Income Housing Tax Credit)
• Proven track record in developing and implementing risk management strategies for investment portfolios
• Experience with financial modeling, stress testing, and scenario analysis in a banking or investment context
• Ability to collaborate with cross-functional teams including legal, compliance, and client-facing groups

Preferred Qualifications

• CFA (Chartered Financial Analyst) or FRM (Financial Risk Manager) certification
• Prior experience in the securitized products group or tax equity financing at a major financial institution
• Knowledge of JPMorgan Chase's internal risk management systems and tools
• Background in client management within the affordable housing sector

Required Skills

• Financial modeling and valuation techniques
• Risk assessment and mitigation strategies
• Knowledge of tax equity financing and affordable housing regulations
• Proficiency in Excel, VBA, and financial software like Bloomberg or Moody's Analytics
• Strong analytical and quantitative skills
• Excellent communication and presentation abilities
• Project management and organizational skills
• Client relationship management
• Regulatory compliance and reporting
• Scenario analysis and stress testing
• Team collaboration and leadership
• Attention to detail and problem-solving
• Adaptability in fast-paced financial environments
• Ethical judgment in high-stakes decisions

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with company matching contributions
• Generous paid time off, including vacation, sick days, and parental leave
• Professional development opportunities, including tuition reimbursement and access to JPMorgan Chase's learning resources
• Employee stock purchase plan and other financial wellness programs
• On-site fitness centers and wellness initiatives at Chicago office
• Flexible work arrangements and hybrid work options

JP Morgan Chase is an equal opportunity employer.