Wholesale Credit Risk Management - Associate - Financial Institutions Team

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 an Associate on the Wholesale Credit Risk Financial Institutions Team, you will join a highly talented group of credit officers who specialize in lending activities and other counterparty related credit exposures to a client base consisting of super-regional, multistate, single state banks, credit unions and credit card processors. You will be expected to handle a portfolio of clients within the financial institution sector, responding to their credit needs, while providing sound judgement and effective monitoring through collaboration across all Risk and Business levels.
Job responsibilities

• Manage exposure to client base consisting of super-regional, multistate, single state banks, credit unions and credit card processors.
• Lead due diligence, structuring, approval, risk grading, and the on-going monitoring and management of a diverse portfolio of risk including derivatives and securities trading relationships, intraday liquidity facilities, and other credit exposures.
• Respond to client or prospect credit needs, while providing sound judgement and effective monitoring through collaboration across all Risk and Business levels.
• Manage the daily risk demands of a portfolio of clients, evaluating and executing on a variety of transactions for Financial Intuitions.
• Work directly on transactions including analysis of client and preparation of credit materials, discussions with bankers, negotiating of legal documentation, setup of credit facilities, coordinating with middle office teams and ongoing monitoring of clients post transaction approval.
• Build strong relationships and maintain open communication channels with colleagues across the firm, including bankers, operations, legal, middle office, finance, etc.
• Track the clients on an ongoing basis and update key stakeholders on key developments with regards to clients or industry and potential impact on credit rating.
• Keep abreast of changing legislation, and economic trends that impact the financial institution sector.
• Provide input into key projects across the department and contribute to process and efficiency improvement initiatives of the credit organization.

Required qualifications, capabilities and skills

• Bachelor's degree
• 3+ years of relevant work experience (financial analysis, credit risk, economic research, etc.) coupled with an interest in Financial Institutions
• Strong understanding of financial reporting coupled with prior experience with traditional credit products, credit agreements and other loan documentation
• Ability to think independently and critically with analytical curiosity, problem-solving and research skills
• Ability to work in a team environment, as well as independently, with a willingness to learn and support team initiatives
• Proficiency in Microsoft Office Suite, especially Excel, PowerPoint and Word

Preferred qualifications, capabilities and skills

• Preferred academic training in the principals of accounting, financial capital market products, public administration and macroeconomics
• Outstanding verbal and written communication, along with strong inter-personal skills
• Ability to effectively present analysis and interact with key stakeholders
• Deadline orientation and close attention to detail and accuracy
• Ability to perform under pressure

About Us
JPMorgan Chase & Co., 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 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 is an Equal Opportunity Employer, including Disability/Veterans
About the Team
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. We also take great pride in on our commitment to operating with integrity and discipline in all that we do. If you are a team player, are solutions-oriented and have an appetite for learning, you'll be a great fit for our team.