What are the responsibilities and job description for the Risk Management - Credit Officer - Associate position at JPMorgan Chase?
Bring your expertise to JPMorgan Chase. 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 responsibly by anticipating new and emerging risks, and using your expert judgment to solve real-world challenges that impact our company, customers, and communities.
As a Credit Officer in the Credit Risk team, you will be conducting the essential credit analysis, performing due diligence, and reviewing documentation for new commercial real estate transactions with an emphasis on multifamily lending. You will operate in a dynamic, high-volume, and fast-paced environment, analyzing loans ranging from $1MM to $25MM . You will be part of a highly collaborative team that prioritizes learning, professional development, inclusivity, and mentorship.
Job Responsibilities
- Implement all facets of credit analysis on commercial real estate/multifamily loans.
- Identify issues/concerns, evaluate results, and formulate effective recommendations in a timely manner.
- Build and maintain strong relationships with internal business stakeholders including sales, processing, closing, and legal.
- Gain a thorough understanding of relevant policies, standards, procedures, and regulatory requirements.
- Apply data analysis techniques to interpret results and provide insights and recommendations to management.
- Keep up with industry trends and best practices in credit risk management to enhance decision-making and maintain a competitive edge.
Required qualifications, capabilities and skills
- Minimum 2 years of experience in commercial real estate lending or 3 years in other banking/finance experience.
- Good understanding of multifamily real estate property valuations and cash flow analysis.
- Strong financial analysis skills, including evaluating property cash flows, property valuation, and personal financial statements.
- Demonstrated success in thriving within a fast-paced, collaborative environment while maintaining a high level of attention to detail.
- Excellent verbal/written communication and problem-solving skills.
- Ability to prioritize, plan, and manage processes to complete credit analysis and other assignments as needed.
- Proficiency in Microsoft Word, Excel, and PowerPoint, with the ability to quickly adapt to proprietary systems.
Preferred qualifications, capabilities, and skills
- Bachelor's degree in accounting, finance, economics, or real estate is preferred.
- Familiarity with regional markets and municipal regulations.
- Experience with proprietary credit risk management tools.
FEDERAL DEPOSIT INSURANCE ACT: This position is subject to Section 19 of the Federal Deposit Insurance Act. As such, an employment offer for this position is contingent on JPMorganChase’s review of criminal conviction history, including pretrial diversions or program entries.