Credit Risk Middle Office Analyst

Posted 4 Days Ago
Be an Early Applicant
Newark, DE, USA
Hybrid
Junior
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Support wholesale credit risk by monitoring limit breaches, performing client data maintenance, investigating operational issues, gathering NAV, participating in UAT, and driving process improvements while maintaining controls and SLAs.
Summary Generated by Built In

Join JPMorgan Chase and help keep our firm strong and resilient. As a key member of Risk Management and Compliance, you’ll contribute to responsible business growth by anticipating new and emerging risks and applying your expert judgment to solve real-world challenges that affect our company, customers, and communities. Our culture emphasizes innovative thinking, challenging the status quo, and striving for excellence.

As a Credit Risk Middle Office - Analyst in the Reporting, Middle Office, and Control organization within Corporate Risk, you will support the Wholesale Credit Risk organization globally. Additionally, you will monitor  limit breaches, performing ongoing credit risk client maintenance, and resolving operational issues to ensure effective credit risk oversight and control.

Job responsibilities

  • Develop solid communication skills to effectively influence stakeholders in a meaningful and actionable manner.
  • Provide comprehensive support for Credit Risk Management by performing and overseeing various functions, including line facilitation/maintenance, client data management, limit breach monitoring and investigation, and NAV gathering. Reviewing prospectuses and annual reports may be required. Participate in user acceptance testing for technology changes to core business applications.
  • Build knowledge of processes to develop and maintain strong adherence to controls, including the ability to analyze problems and propose solutions.
  • Review key metrics to support workflow and SLA adherence.
  • Exercise low to moderate levels of independent decision-making using sound judgment.
  • Collaborate with CRMO leads and stakeholders to define business cases for process improvements and oversee their implementation.
  • Demonstrate solid critical thinking, attention to detail, and analytical skills to synthesize large amounts of data and draw appropriate conclusions.
  • Raise issues to management and assist in developing sustainable solutions.
  • Engage in initiatives that promote a culture of respect, opportunity, and inclusion.

Required qualifications, capabilities, and skills

  • Minimum 1 year of experience in financial services, operations, or related fields.
  • Basic knowledge of products and services offered by major financial institutions and risk disciplines.
  • Ability to identify problems and collaborate with management to develop solutions.
  • Effective verbal and written communication skills.
  • Self-starter capable of thriving in a multi-tasking environment.
  • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint).

Preferred qualifications, capabilities, and skills

  • Bachelor’s degree preferred but not mandatory.
  • Experience with automated solutions such as Alteryx, Python, and UI Path is a plus.
  • Previous experience in Operational or Risk Management, or other control functions is a plus.
About Us
JPMorganChase, 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, paid in the form of cash and/or forfeitable equity, 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.

Skills Required

  • Minimum 1 year of experience in financial services, operations, or related fields
  • Basic knowledge of products and services offered by major financial institutions and risk disciplines
  • Ability to identify problems and collaborate with management to develop solutions
  • Effective verbal and written communication skills
  • Self-starter capable of thriving in a multi-tasking environment
  • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint)
  • Bachelor's degree
  • Experience with automated solutions such as Alteryx, Python, and UI Path
  • Previous experience in Operational or Risk Management or other control functions

JPMorganChase Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.

  • Healthcare Strength Medical, dental, vision, and mental-health coverage are broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
  • Parental & Family Support Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
  • Retirement Support Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.

JPMorganChase Insights

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The Company
HQ: New York, NY
289,097 Employees
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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