What are the responsibilities and job description for the Risk Management - Real Estate 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 JPMorganChase 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 Real Estate Credit Risk Associate on the Commercial and Investment (CIB) Real Estate Credit Risk Team, you will work closely with top product bankers and other risk professionals. Your primary tasks will encompass independent risk assessment and credit approval of loans and lending-related transactions. You will work with a client base of leading real estate, lodging, gaming, homebuilding and real estate service companies. The portfolio of credit products we manage and monitor includes corporate recourse traditional credit products (revolving credit facilities and term loans), real estate asset level financings, whole loan repos, risk retention, derivatives and treasury lines.
Job Responsibilities
- Conduct credit analysis and facilitate senior credit officer approval of lending and trading related transactions, including operating exposures, individually or as part of a deal team
- Create written credit approval documents, which include the spreading and presentation of historical financial statement information and the related financial analysis, as well as projections of future cash flows for large corporate borrowers
- Develop a well-informed and forward-looking view of the business, financial and risks associated with a company and sector
- Manage and monitor a portfolio of client credit exposures, across industry classes, on an ongoing basis
- Participate in negotiating, finalizing, and executing documentation for loans and derivatives
- Review and assign risk ratings and maintain updated credit research on their portfolio of clients
- Manage existing CRE portfolio and participate in portfolio management / surveillance projects
Required qualifications, capabilities and skills
- Bachelor’s degree in Finance, Accounting, Business, Economics or similar discipline
- Minimum 4 years of professional work experience in corporate/commercial credit, investment banking or relevant experience within financial services or risk agency
- Academic training in the principals of accounting, corporate finance, capital markets products and macro economics
- Strong financial analysis and modeling skills
- Exceptional communication (verbal and written) and inter-personal skills
- Proficiency in Microsoft Office Suite, Excel, PowerPoint and Word
Preferred qualifications, capabilities and skills
- Prior experience within major corporate bank credit team and/or credit rating agency
- Prior lending experience in real estate or corporate credit