Expires soon J.P. Morgan

Corporate Risk - Credit Risk Middle Office - Analyst

  • Newark (Essex County)
  • Bachelor's Degree

Job description

Traditional Credit Products (TCP) Credit Risk Middle Office team (CRMO) supports the credit approval and decision making processes for Credit Risk Management (CRM). TCP CRMO is actively involved in the analysis of credit data and risk metrics in addition to identifying trends and issues which may impact the bank's ability to manage credit risk.

The purpose of TCP CRMO is to establish and maintain a common approach to controls and operational workflows across the risk management infrastructure in support of Corporate Investment Bank. TCP CRMO provides operational support for Credit Risk Management which includes the following functions: Exceptions monitoring, reading and interpreting complex legal loan documentation, working closely with the deal transaction coordinators and credit risk team from JPMC, in addition to creating, amending and cancelling credit facilities.

A team member in TCP CRMO is expected to deliver on the following specific tasks and requirements:

Description of Responsibilities:

· Provide operational support for CRM by performing various functions including line facilitation/maintenance
· To ensure accuracy performing daily work functions and tasks
· Non-disclosure of client information by preserving client confidentiality
· To manage workflow for tasks, queries, and issues using various Credit owned systems (i.e. ARC, ICRD, Workflow, etc.)
· To achieve daily, weekly and monthly volume targets
· Ensure adherence to service level agreements, internal metrics & firm wide policies
· Ensure work is completed to the highest standards and seek opportunities to identify areas for process improvements and added controls
· Partner with Risk Core Operations (RCO) onshore and offshore teams in EMEA, NA, and Asia regions
· Participate in UAT (user acceptance testing) on enhancements and changes to CRM systems; including analyzing the impact of enhancements on TCP CRMO reporting
· Participation in process improvements and automation/enhancements to current activities/tasks
· Follow and assist with the maintenance of standard operational processes
· Anticipate and understand issues, and escalate appropriately for timely resolution
· Other duties as assigned

Desired profile

·  BA or BS degree preferably in Finance / Business
·  Minimum of 1-3 years of work experience, preferably in operations / banking industry
·  Basic knowledge of investment banking products preferable, but not required
·  Prior experience working in a middle office or back-office team a plus
·  Strong skills / knowledge of MS Office Products (e.g. Excel, Outlook, etc.)
·  Strong analytical, prioritization and organizational skills
·  Excellent communication and interpersonal skills
·  Team player with ability to work with colleagues in a collaborative manner, as well as ability to manage prioritization
·  Flexible; ability to work as needed in order to meet business demands
·  Able to work accurately and effectively under pressure
·  Effective time management skills
·  Excellent client focus and customer care working practices
·  Controls Focused
·  Self-motivated with good problem solving skills

Make every future a success.
  • Job directory
  • Business directory