Wholesale Credit Risk - EMEA Banks and Insurance team - Associate

We have an exciting opportunity for you to advance your career in a dynamic and collaborative credit risk team. You will work with a diverse portfolio of financial institution clients, helping to shape risk decisions across a broad range of products and transactions. This role offers exposure to senior stakeholders, complex credit structures, and opportunities to develop your expertise while making a meaningful impact.

As an Associate in the EMEA Financial Institutions team covering primarily Banks, Insurances and Sovereign clients for the Central and Northern Europe region in the Commercial & Investment Bank (CIB), you will cover a diversified portfolio of Investment and Non-Investment Grade counterparties, with responsibility for conducting credit analysis, managing portfolio exposures, and reviewing and approving transactions across a wide range of credit products.

Job Responsibilities

• Prepare concise credit analysis with clear recommendations on risk appetite, grading, and structuring.
• Support due diligence, leading where required, and prepare credit analysis of counterparties. 
• Conduct portfolio-level and client specific stress testing, challenging scenario assumptions, and articulating conclusions to stakeholders.
• Negotiate Markets documentation (ISDA, clearing agreements, GMRA/GMSLA etc.) and loan documentation (including LMA standards and leveraged finance) 
• Manage and monitor the credit risk portfolio across sectors and products, including ongoing tracking of ratings, sector trends, and client performance; proactively adjust limits and manage exposures.
• Cover a broad product set, across all markets products (derivatives, securities financing, securities trading, cleared products, margin lending etc.), secured and unsecured loans, trade finance, and treasury products.
• Coordinate with senior leaders across the Commercial & Investment Bank, product specialists, and senior Credit Officers to align risk decisions and approvals.
• Apply firm risk management policies and engage with control stakeholders, including Regulators and Auditors.
• Develop junior talent through structured coaching, on-the-job training, and formal learning sessions.

Required qualifications, capabilities, and skills

• Demonstrated analytical rigor and credit judgment, with the ability to identify, quantify, and communicate key risks.
• Proficiency in financial analysis and scenario analysis relevant to wide-ranging client and product suite.
• Familiarity in leveraging AI tools to support analysis and enhance efficiency. 
• Knowledge of transaction structures, documentation (markets, loan) sufficient to support negotiation and execution.
• Strong project management capability with end-to-end ownership of workstreams; effective prioritization and multi-tasking in a dynamic environment.
• Clear, effective written and verbal communication; ability to establish credibility with clients and internal stakeholders.
• Ability to coach and develop junior colleagues.
• Self-directed, results-oriented, adaptable, and motivated to drive continuous improvement.
• Prior experience in a comparable credit or risk environment.

About UsJ.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
About the TeamJ.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.