Risk Management - Credit Risk Analyst - Insurance

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 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 Credit Risk Analyst on the Commercial and Investment Bank - Insurance Credit Risk Team, you will develop the analytical skills needed to evaluate, assess and document client creditworthiness of a portfolio of insurance companies as well as structure and negotiate new transactions/requests. In this role, you will play a part in leading the credit origination and portfolio management of the companies covered by the Insurance team. You will work in partnership with Investment Banking Coverage, Global Corporate Banking, Debt Capital Markets and many other product partners across JPMorgan Chase.
Job responsibilities

• Assign a portfolio of clients with responsibility for performing ongoing credit analysis and client exposure management
• Develop a well-informed forward looking credit view of your client's business and JPMorgan's activity by staying current on industry trends, client's financial performance, and capital markets needs
• Communicate your view by preparing and presenting credit approval memos in connection with credit origination and renewals.
• Perform financial analysis including stress testing, projections and peer comparisons
• Assess creditworthiness of clients and recommending appropriate credit ratings
• Assess the ability of cash flows or market value of assets/collateral to repay debt
• Describe concisely the structure and terms of products and analyze related risk metrics
• Monitor, investigate, and escalate risk metrics associated with client activity
• Attend on-site or remote client diligence meetings
• Process transactions and annual reviews in JPM's credit system by coordinating with middle office and business partners
• Prepare and present periodic portfolio reviews to senior credit executives and business partners

Required Qualifications, Capabiliites and Skills

• Highly motivated with a natural passion to learn and an inquisitive personality
• Strong interpersonal skills, and an ability to work well in a team environment
• Strong sense of accountability and ownership of tasks
• Strong verbal and written communication skills
• Capable of understanding, describing and debating complex concepts
• Ability to prioritize among competing projects and deliver work in a timely manner
• Highly proficient in Excel, PowerPoint and Word software
• Knowledge of and familiarity with financial statements and accounting

Preferred Qualifications, Capabiliites and Skills

• Minimum 1 year of experience in credit risk analysis (preferably Financial Institutions or Insurance)
• Completion of a bank's formal credit training program
• Corporate finance and accounting coursework

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
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.