Corporate & Investment Bank – Credit Risk Management – Banks & Broker Dealers

Job description

JPMorgan Chase & Co . (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, 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. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .

J.P. Morgan's Corporate & Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We offer strategic advice, lend money, raise capital, help manage risk, extend liquidity, buy and sell securities, and provide many other banking services in markets around the world.

Corporate & Investment Bank Credit Risk Management is responsible for lending activities and related credit exposures. The group is organized by geography with teams aligned by industry. CIB Credit Risk Managers lead the client credit relationship in partnership with CIB Coverage.

The Risk Team manages exposure to a client base consisting of money center banks and regional banks, bulge bracket firms, exchanges, clearinghouses, specialist traders, on-line brokers, boutique investment banks – just to name a few. As a member of this team, analysts develop analytical skills to assess the credit worthiness of counterparties and structure credit protections.

Job Responsibilities:

· Perform customer due diligence and financial analysis

· Building and maintaining financial models

· Develop strong analytical and problem solving skills to understand risks and recommend structure which sufficiently protects JPM's interests in various client trading activities and structured transactions

· Prepare written credit approval memos and reviews

· Partner with colleagues from IB Coverage, Syndicated & Leveraged Finance, Debt Capital Markets, Ratings Advisory, Sales & Trading, Prime Brokerage, Treasury Services, and Legal

· Assess creditworthiness of clients and assign appropriate credit ratings. Maintain updated credit research on a portfolio of clients

· Meet development and training requirements as defined

Desired profile

· 1 year of professional work experience in financial services preferred (investment banking or similar)

· Credit/Market risk experience preferred

· Candidates should have some accounting and corporate finance coursework

· Strong interest in client interaction and possess outstanding verbal and written communication skills

· Ability to perform well under pressure on teams in a demanding environment

· Candidates should be highly proficient in Excel, Powerpoint and Word