What are the responsibilities and job description for the Risk Management - Credit Risk Associate position at JPMorgan Chase?
Bring your expertise to JPMorganChase. 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.
As a Credit Risk Associate within the Business Services Leveraged Finance Credit team, you will cover non‑investment grade corporate clients and sponsor‑backed clients across Business Services subsectors. You will manage and monitor a portfolio of leveraged issuers, underwrite LBOs and recapitalizations, partner with the trading desk to approve hedging exposure, support legal negotiations, and collaborate with the Asset Based Lending (ABL) Credit Team to deliver collateral‑backed solutions. Your work will directly influence the firm’s risk‑return balance while upholding a strong culture of compliance and partnership.
Job Responsibilities
- Manage and monitor a portfolio of client credit exposures across Business Services subsectors (e.g., facilities management, outsourcing, staffing, security services, consulting firms, etc.).
- Track exposure across loans, revolvers, term loans, letters of credit, ABL facilities, and derivatives; ensure compliance with limits, covenants, and internal risk appetite.
- Conduct scenario analysis/stress testing on leverage, liquidity, and cash flow resilience.
- Take ownership of client credit needs and independently develop credit opinions.
- Build and review pro forma capital structures and cash flow projection models; assess debt capacity, deleveraging paths, interest coverage, liquidity, and covenant headroom.
- Manage credit due diligence process for clients and capital markets transactions, coordinating third‑party reports, management meetings, and site visits.
- Assess counterparty credit risk using SA‑CCR/PFE methodologies; monitor exposure, collateral thresholds, and margining under CSA.
- Coordinate with Treasury Services, Payments Risk, and Implementation teams to align product structures, collateralization/guarantees, and documentation with credit appetite.
- Collaborate with Global Corporate Banking Coverage, Debt Capital Markets, Investment Banking Coverage, and Syndicate teams.
- Stay current on all aspects of credit relationships, including exposure, compliance, documentation status, and ongoing credit research.
Required Qualifications, Capabilities, and Skills
- Bachelors degree
- Completion of a major corporate bank credit training program or equivalent experience
- Minimum of 3 years of related experience in credit risk, leveraged finance, or corporate finance
- Strong accounting and corporate finance expertise; proven analytical and financial modeling ability
- Proficiency in Excel, PowerPoint, and Word; ability to produce concise, decision‑ready materials
- Outstanding verbal and written communication; strong interpersonal skills; ability to perform under pressure in a demanding environment
Preferred Qualifications, Capabilities, and Skills
- MBA or CFA designation
- Familiarity with rating agency methodologies and stress testing practice
- Experience with ABL structures, borrowing base analysis, and collateral diligence
- Knowledge of loan and derivative products, documentation, and structuring; experience negotiating legal documents associated with credit products
- Experience negotiating legal documents associated with credit products
- Sector familiarity beyond Business Services (e.g., Consumer, Retail, Healthcare, Diversified Industries, Automotive, Transportation, Aerospace, Defense, Airlines, Natural Resources, Energy)