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9 Risk Management - Financial Institutions Credit Risk - Associate Jobs in Chicago, IL

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Risk Management - Financial Institutions Credit Risk - Associate
$74k-95k (estimate)
Full Time 2 Months Ago
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JPMC Candidate Experience page is Hiring a Risk Management - Financial Institutions Credit Risk - Associate Near Chicago, IL

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.

The CCBSI FIG Team is the primary risk manager for a national portfolio of complex financial services clients. Industry segments covered include insurance, insurance services, asset managers, exchanges, and financial technology companies. JPMC’s relationships with these complex financial services companies span the entire platform of the Commercial and the Investment bank, resulting in a diverse array of transactions and exposures to analyze and manage. You will partner with senior underwriters on the team to provide forward-looking credit and financial analysis of new and existing clients. In support of these clients’ relationships with JPMC, partnership and coordination is required with areas across the firm including: coverage banking, treasury services, loan syndications, debt capital markets, F/X and rates desks, and asset management. You will work with the credit team to analyze financial statements and build financial models in support of credit’s initial and ongoing assessment of risk. You will also be responsible for on-going monitoring and risk management work across the portfolio. You will be an instrumental member of the Risk Management team that will manage deal documentation negotiations / execution and is also responsible for the on-going monitoring and risk management of an assigned portfolio of credit relationships.

Job responsibilities

  • Identify and evaluate the key risk factors associated with clients, transactions, and industry sub-sectors across portfolio
  • Build and use financial models to incorporate the impact of forward-looking risk assessment on key value drivers
  • Formulate agendas for, and participate in, client due diligence meetings
  • Prepare credit approval materials for new transactions as well as required periodic reviews
  • Provide well-researched and thoughtful risk assessment of each assigned client on an ongoing basis. Ensuring that risk ratings are accurate and reflect a current forward-looking view of the client risk profile
  • Prepare and present annual portfolio review material to senior management
  • Work closely with Credit Services to ensure accuracy of credit system data

Required qualifications, capabilities, and skills

  • BA/BS degree required, MBA a plus
  • Completion of a major corporate bank credit training program or equivalent experience
  • Typically 3 - 5 years of commercial / corporate banking / lending experience including extensive credit, structuring, and marketing experience
  • Outstanding verbal and written communication skills, including strong computing and financial modeling skills
  • Independently productive; able to operate at a highly effective level with minimal day-to-day managerial direction
  • Successfully operate within in a deal team dynamic
  • Strong work ethic with an ability to meet deadlines while multi-tasking

Preferred qualifications, capabilities, and skills

  • Knowledge of credit and JPMC (or similar bank) policies and procedures
  • Strong interpersonal skills to interact effectively with senior underwriters, clients, bankers, product partners, and senior management facilitating successful achievement of goals
  • Excel/PowerPoint/MS Office knowledge
  • Knowledge of insurance statutory accounting or experience in the insurance industry is a plus

Job Summary

JOB TYPE

Full Time

SALARY

$74k-95k (estimate)

POST DATE

02/13/2024

EXPIRATION DATE

04/12/2024

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