Risk Management-Merchant Risk Credit Officer - Associate

Job Description
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. 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 Merchant Risk Credit Officer - Associate in the Portfolio Management team, you will be responsible for managing credit risk arising from merchant processing activities through ongoing credit monitoring, analyzing financial statements, determining appropriate risk ratings, and exerting credit approval authority. You will also be responsible for driving consistency and quality while monitoring timeliness through secondary quality assessments.
Job Responsibilities

• Approve credit assessments and reviews for timely and accurate risk ratings up to a designated approval authority limit
• Complete quality assessments on a sub-set of credit reviews within defined timeframes and escalating any identified trends, as appropriate
• Recognize possible risks that a client's business may pose to the firm while providing recommendations and escalations to mitigate such risks
• Conduct ad-hoc credit assessments identified through periodic exception reporting
• Remain up to date on applicable risk policies and support the governance, reporting and data quality requirements
• Support the Merchant Services Credit Risk team with ongoing initiatives and work streams

Required qualifications, capabilities and skills

• Bachelor's degree in Business, Finance, Accounting or related area
• Strong, clear, and concise written and verbal communication with ability to edit and prepare executive level communications
• Excellent organizational and project management skills; able to manage competing priorities under tight deadlines and a constantly changing environment
• High degree of initiative, self-direction, ability to work well under pressure, and learn quickly
• Intellectual curiosity and willingness to take on responsibilities that may fall outside your immediate area of expertise
• Ability to collaborate across multiple stakeholder groups and regions. Appreciate the value of working in partnership with others to influence change and accomplish individual and team goals
• Proficiency in Microsoft Office Suite, especially Word, PowerPoint, and Excel

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.