Risk Management - Transaction Risk - Senior Associate - JPMorgan Chase Bank, N.A.

Bring your expertise to JP Morgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You support the firm's growth in a responsible way by anticipating new and emerging risks. Further, using expert judgement you work to solve real-world challenges that impact our company, customers, and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo, and striving to be best-in-class.

As a Transaction Risk Management Senior Associate in Middle Market Banking Group, you play a key role in monitoring and reviewing intraday and overnight overdrafts that result from Treasury Service Products. The team is charged with effectively balancing client payments flows with prudent risk management. The team interacts with Credit Officers, Coverage Bankers, Treasury Service Officers and Client Service Professionals.

The work is fast pace and varied due to the number of different client situations that are encountered. Team members often say, I learn something new every day. The work revolves around Treasury Service Products and allows you to learn how Treasury Service products interact in daily cash management for the client. You will use a number of different systems, both mainframe and web based to identify patterns of behavior and what is normal for a given client.

Job Responsibilities:

• Review of payment activity in both domestic and international DDAs
• Approval of overnight overdrafts within your authority with escalation to Credit for overdrafts above your authority.
• Follow up with coverage team (Banker, Treasury Service Officer, Client Service Officer or Credit Officer) or directly with client on aged overdrafts.
• Investigate intraday overdraft over limits to determine if under lying facility or account structure needs to change to improve payment flow.
• Approval or escalation to credit of intraday overdrafts related to wire or book transfer activity, automated clearing house (ACH) transactions and items related to international collections.
• Review of Treasury Service related facilities, like intraday lines or operating lines that support treasury products.

Required Qualifications, Skills and Capabilities:

• At least 3 years of experience in Customer Service, Treasury Service Product Management or related areas
• To be a self-starter capable of working in a time sensitive environment
• Excellent communication skills
• PC literate with proficiency in MS Outlook, MS Work and MS Excel
• Comfortable prioritizing daily work on your own
• Good problem solving skills

About Us

Across JPMorgan Chase, we serve millions of customers and many of the world's most prominent corporate and government clients. Our mission is to build a stronger, more equitable economy, and we strive to make a positive impact everyday with our customers in their communities. We are proud of our reputation as one of the world's most admired companies and we know that it's our people who make us successful. We are committed to a diverse and inclusive workplace where our employees are welcomed, valued and able to bring their authentic selves and best work forward.

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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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