Risk Management - Specialty Finance - Credit Risk Associate
Risk Management - Specialty Finance - Credit Risk Associate
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Job Description
Bring your expertise to JPMorganChase. As part of Risk Management and Compliance you are at the center of keeping JPMorganChase 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 realworld 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 bestinclass.
As a Credit Risk Associate on the Specialty Finance Risk Team you will support the risk management of a national portfolio of nonbank financial entities focused on residential mortgage originations commercial/consumer finance fintech and other financial service industries. You will collaborate with Securitized Products Corporate and Investment Bankers Treasury Services and Traders to analyze structure risk grade and approve credit exposures. You will assist in deal documentation negotiations and contribute to ongoing risk management.
Job Responsibilities
- Support the ongoing risk management of the portfolio maintaining an understanding of clients businesses and a forwardlooking view of the portfolio
- Develop an understanding of the residential mortgage finance and other specialty finance markets including key risks and structures
- Assist in due diligence meetings which may be virtual or at the clients office
- Perform financial analysis to assess the strength of corporate counterparties and identify key risks
- Monitor the portfolio to ensure internal risk grades remain accurate and take appropriate action to mitigate risk for deteriorating clients
- Engage with coverage bankers and product partners to develop structures appropriate for the risk profile of the client and/or assets to be financed
- Work with business colleagues to assess stress or downside credit scenarios including validating cash flow models
- Assist in the review and negotiation of transaction and trading legal documentation
- Author written credit analysis and present recommendations to senior credit officers for approval
- Support junior resources and manage workloads ensuring deadlines are understood and met
Required Qualifications Capabilities and Skills
- Bachelors degree in a quantitative discipline
- Minimum of 3 years of Commercial/Corporate Banking/lending Asset Based Lending (ABL) or Structured Finance experience
- Completion of a major corporate bank credit/analyst training program or equivalent experience
- Excellent verbal and written communication skills
- Strong organizational and project management skills
- Demonstrated interpersonal skills to collaborate with teammates bankers product partners senior management and clients
- Strong work ethic with an ability to meet deadlines while multitasking
Preferred Qualifications Capabilities and Skills
- Prior experience in Commercial/Investment Banking especially with a credit structing and/or market focus
- Proficiency in Excel PowerPoint and financial modeling
- Residential mortgage specialty finance and/or securitization experience a plus
- Knowledge of credit JPMC and similar bank policies
- Ability to perform well under pressure in a demanding environment
Required Experience:
IC
Employment Type
Full-Time
