Securities Based Lending Team Analyst

Job description

JPMorgan Chase & Co. is a leading global financial services firm with assets of more than $2 trillion, over 265,000 employees and operations in over 60 countries.  It operates across six business segments including Investment Banking, Commercial Banking, Treasury & Securities Services, Asset & Wealth Management, Retail Financial Services and Card Services.

The Wealth Management division of JPMorgan Chase & Co. is part of the Asset & Wealth Management business segment.  It has offered for over 160 years customized solutions and client service of the highest quality to solve the complex needs of wealthy individuals and their families around the world.  With assets under management of $2.4 trillion, it is one of the largest asset and wealth managers in the world.

A Swiss regulated subsidiary of the JPMorgan Chase & Co. Group of companies, J.P. Morgan (Suisse) SA is a leading provider of asset & wealth management and global custody services, employing more than 1100 people at both its Geneva headquarters and Zurich branch.

Our team:

The Securites Based Lending group is a centre of excellence for underwriting loans that are fully secured by marketable securities, covering over 60% of IPB client’s credit facilities. The role involves analysing, negotiating, pricing and documenting standard lines of credit, including standby letters of credit, with a target turnaround of 48 hours. The team will also review other transactions that have an element of credit risk (including OTC and Exchange Traded derivatives).

 

Key Responsibilities:

·  Build strong relationships with internal partners including Bankers, Investors, Lending Solutions and Credit Executives as well as other SBL & Credit Operations’ global colleagues.
·  Work with colleagues on global & local initiatives and projects; those relevant to the Geneva site and the Credit business
·  Review and renew lines of credit for our clients whilst ensuring adherence to policy, tax and cross border implications are considered, appropriate KYC and accurate creation of credit documentation
·  Work with the team on potential credit issues. Proactively resolve exceptions, including margin shortfalls, past due principal/interest and documentation exceptions.
·  Articulate the risk vs. reward proposition when negotiating loan rates, employing a discipline around loan pricing and structure.
·  Review and create credit memos to ensure clarity of the proposed credit structure including accurate risk rating assessments and any notable risk issues e.g. collateral concentrations.
·  Partner Client Services and other colleagues to ensure closure of all relevant open items and transactional issues
·  Manage all new credit requests and annual reviews to ensure they are completed in a timely fashion.

Skills Required:
·  A Business, Finance or Mathematics bachelor’s degree/qualification.
·  Credit risk and/or lending experience.
·  Knowledge and/or experience of underwriting, lending value analysis, return on equity assessment, KYC, cross border validation.
·  Clear understanding of financial markets and securities industry
·  Knowledge and experience of systems such as Bloomberg is advantageous.
·  Strong communication and interpersonal skills.
·  Good organizational skills.
·  Ability to work well in an integrated team environment.
·  Track record in working with teams from various markets /countries
·  Proficiency in Excel, Word and PowerPoint.
·  Additional language skills would be an asset.

JPMorgan Chase & Co. offers extensive training and development opportunities, an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer.

 

If you would like to pursue a career with JPMorgan Chase & Co.’s Operations Department in Switzerland, please apply online providing a cover letter and CV in English.

 

Due to legal restrictions, we will only be able to consider applications from applicants with a valid Swiss work permit, or holding a Swiss or European nationality.