WM – Risk - Credit Risk Analyst - Analyst

Job description

JPMorgan Chase & Co. is a leading global financial services firm with over 265,000 employees and operations in over 60 countries. It operates across four business segments including Asset Management (AM), Commercial Banking, Consumer and Community Banking, Corporate and Investment Banking.

 

Asset Management

J.P. Morgan Asset Management is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.

 

Risk Management

Asset Management Risk Management is committed to being a world-class leader in risk management, maintaining a system of strong controls, providing guidance and clear direction on key risk principles, proactively managing risks and achieving a consistent balance between our business goals and deployment of capital. AM Risk Management employs people around the world and ensures strong risk management discipline throughout the lines of business within AM.

 

Wealth Management

The Wealth Management (WM) division of JPMorgan Chase & Co. is part of the AM business segment. It has offered for over 160 years customised solutions and client service of the highest quality to solve the complex needs of wealthy individuals and their families around the world. 

Our business model focuses on deep client relationships through an integrated team structure with a platform of depth and breadth. We provide tailored investment, credit and wealth advisory solutions to High Net Worth and Ultra High Net Worth clients, and managing risk appropriately is a key priority for the Wealth Management. The Credit Analyst team is a core part of the WM Credit Risk Management organization and is integral to our ability to meet the growing needs of the business in a prudent manner.

 

Core Functions:

 

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Prepare Annual credit reviews for an assigned portfolio of WM credit clients. This will require the proper use and application of the Financial Spreading Tool, (FST) to analyze borrower disclosures to determine probability of default/ obligor grades and understand the various types of collateral and associated risks to determine facility grades.

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Perform Collateral analysis and recommend Loss Given Defaults (LGDs) using the appropriate systems.

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Partner with Credit Executives for portfolio reviews, risk exceptions and approval of annual credit reviews

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Partner with Lines of Business to keep credit portfolio current on key risk metrics and facilitate new transactions on the assigned portfolio of clients.

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Document covenants and special monitoring requirements

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Monitor exception reports (Unlinked, Ungraded, Overlimits, Overdrafts, Past Dues, etc.)

Essential skills/experience/knowledge :


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Aptitude for numbers; non-business majors must demonstrate quantitative competence both academically and practically

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Self motivated, team player, hard working

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Strong knowledge of Microsoft Office products (Word, Excel, PowerPoint)

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Excellent communicator with strong interpersonal and presentation skills

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Ability to be flexible, follow tight deadlines, organize and prioritize work

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Proactive: takes ownership of developing skill set

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Quick learner: Proven ability to quickly learn the business & adapt to changing business priorities

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Ability to be a dynamic member of a team

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Good judgment and discretion working with highly confidential information

Desirable skills/experience:


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Working knowledge of accounting principles/ financial statements

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Knowledge of legal documentation, policy, and loan/credit operations a plus

· 
Financial analysis experience

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Experience within legal, credit administration, operations, or support group within the Financial Services

· 
Proficient in English and another European language (Spanish and/or German preferred)

JPMorgan Chase & Co. is a leading global financial services firm with assets of more than $2.6 trillion, over 240,000 employees and operations in over 60 countries. It operates across four business segments including Asset & Wealth Management, Corporate and Investment Banking, Commercial Banking and Consumer and Community Banking .

J.P. Morgan Asset & Wealth Management, is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.

Asset Management is a leading investment manager of choice for institutions, financial intermediaries and individual investors, worldwide. With a heritage of more than two centuries, a broad range of core and alternative strategies, and investment professionals operating in every major world market, we offer investment experience and insight that few other firms can match.

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