Risk Management - Leveraged Finance Credit Risk Associate - JPMorgan Chase
New York, NY
About the Job
Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities.
As a Credit Risk Associate in the Risk Management and Compliance team, you will be at the center of keeping JPMorgan Chase strong and resilient. You will help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. You will play a part in leading the credit origination and portfolio management of non-investment grade / leveraged companies covered by the Diversified Industries team. You will lead the structuring and underwriting of new lending activities, analyze and approve other credit requests, facilitate regulatory monitoring, and perform on-going portfolio monitoring. In each capacity, you will work in partnership with Investment Banking Coverage, Global Corporate Banking, Debt Capital Markets, and many other product partners to meet the needs of clients. You will develop a broad and deep understanding of the business, financial, competitive, and industry risks faced by clients in the assigned portfolio. You will work closely with the team's Credit Executive and Analysts and Associates on the team. You will also be expected to play an important role in mentoring and developing team Analysts to enhance the performance of the broader team.
Job Responsibilities
+ Identify the key risk factors associated with clients, transactions, and industry sub-sectors across an assigned portfolio, and develop and articulate a dynamic, forward-looking risk assessment of client companies, transactions, competitive threats, industry and other factors
+ Lead and/or participate in client due diligence by way of attending client, bank, and other meetings to develop a better understanding of client companies, management teams, and industry sectors, and using financial models to incorporate the impact of forward-looking risk assessment on key value drivers, ultimately developing and recommending appropriate credit structures relative to risk assessment
+ Apply corporate finance and accounting expertise to develop appropriate financing structures, and prepare and review credit approval materials, ensuring all credit risk policies are followed
+ Review and negotiate legal documentation to ensure terms are appropriate and consistent with credit approval
+ Ensure risk ratings are accurate and reflect a current forward-looking view of the client, while providing early identification and proactive management of deteriorating credits and other problem situations
+ Prepare and present quarterly financial snapshot of the Diversified Industries portfolio, as well as annual portfolio review materials to senior management
+ Assist in training and developing analysts, and work closely with analysts and our middle office and data teams to ensure accuracy of credit system data
Required Qualifications, Skills and Capabilities
+ Bachelor's degree
+ Minimum 2 years of commercial/investment banking lending experience including extensive credit, structuring and marketing
+ Possesses a solid understanding of financial products, corporate finance, financial modeling and market dynamics
+ Advanced knowledge of financial statements and accounting
+ Experience with documentation related to credit agreements
+ Knowledge/experience of derivative products and documentation (including ISDA and CSA)
Preferred Qualifications, Skills and Capabilities
+ Excellent communication skills, both verbal and written
+ Ability to effectively present analysis and interact with key stakeholders
+ Capability to perform due diligence and negotiation with clients
+ Ability to perform well under pressure in a demanding environment managing multiple tasks at the same time
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
Base Pay/Salary
New York,NY $135,000.00 - $150,000.00 / year
As a Credit Risk Associate in the Risk Management and Compliance team, you will be at the center of keeping JPMorgan Chase strong and resilient. You will help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. You will play a part in leading the credit origination and portfolio management of non-investment grade / leveraged companies covered by the Diversified Industries team. You will lead the structuring and underwriting of new lending activities, analyze and approve other credit requests, facilitate regulatory monitoring, and perform on-going portfolio monitoring. In each capacity, you will work in partnership with Investment Banking Coverage, Global Corporate Banking, Debt Capital Markets, and many other product partners to meet the needs of clients. You will develop a broad and deep understanding of the business, financial, competitive, and industry risks faced by clients in the assigned portfolio. You will work closely with the team's Credit Executive and Analysts and Associates on the team. You will also be expected to play an important role in mentoring and developing team Analysts to enhance the performance of the broader team.
Job Responsibilities
+ Identify the key risk factors associated with clients, transactions, and industry sub-sectors across an assigned portfolio, and develop and articulate a dynamic, forward-looking risk assessment of client companies, transactions, competitive threats, industry and other factors
+ Lead and/or participate in client due diligence by way of attending client, bank, and other meetings to develop a better understanding of client companies, management teams, and industry sectors, and using financial models to incorporate the impact of forward-looking risk assessment on key value drivers, ultimately developing and recommending appropriate credit structures relative to risk assessment
+ Apply corporate finance and accounting expertise to develop appropriate financing structures, and prepare and review credit approval materials, ensuring all credit risk policies are followed
+ Review and negotiate legal documentation to ensure terms are appropriate and consistent with credit approval
+ Ensure risk ratings are accurate and reflect a current forward-looking view of the client, while providing early identification and proactive management of deteriorating credits and other problem situations
+ Prepare and present quarterly financial snapshot of the Diversified Industries portfolio, as well as annual portfolio review materials to senior management
+ Assist in training and developing analysts, and work closely with analysts and our middle office and data teams to ensure accuracy of credit system data
Required Qualifications, Skills and Capabilities
+ Bachelor's degree
+ Minimum 2 years of commercial/investment banking lending experience including extensive credit, structuring and marketing
+ Possesses a solid understanding of financial products, corporate finance, financial modeling and market dynamics
+ Advanced knowledge of financial statements and accounting
+ Experience with documentation related to credit agreements
+ Knowledge/experience of derivative products and documentation (including ISDA and CSA)
Preferred Qualifications, Skills and Capabilities
+ Excellent communication skills, both verbal and written
+ Ability to effectively present analysis and interact with key stakeholders
+ Capability to perform due diligence and negotiation with clients
+ Ability to perform well under pressure in a demanding environment managing multiple tasks at the same time
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
Base Pay/Salary
New York,NY $135,000.00 - $150,000.00 / year
Source : JPMorgan Chase