Identify key credit risk factors, perform risk assessments, manage credit approval, and train analysts in finance-related tasks.
Job Description
DESCRIPTION:
Duties: Identify the key credit risk factors associated with clients, transactions, and industry sub-sectors across an assigned portfolio. Develop and articulate a dynamic, forward-looking risk assessment of client companies, transactions, competitive threats, industry and other factors. Participate in client due diligence meetings. Attend client, bank, and other meetings to develop a better understanding of client companies, management teams, and industry sectors. Use financial models to incorporate the impact of forward-looking risk assessment on key value drivers. Develop and recommend appropriate credit structures relative to risk assessment. Prepare and review credit approval materials, ensure all credit risk policies are followed, and present and recommend credits for approval at the appropriate level. Analyze and negotiate covenants and other terms and conditions as part of a deal team. Review and negotiate legal documentation to ensure terms are appropriate. Ensure risk ratings are accurate and reflect a current forward-looking view of the client. Provide early identification and proactive management of deteriorating credits and other problem situations. Analyze, prepare, and present for approval all required waivers, amendments, and extensions. Prepare and present annual portfolio review material to senior management. Assist in training and developing analysts. Work closely with analysts and middle office and data teams to ensure accuracy of credit system data. Present new transactions as well as quarterly and annual portfolio monitoring metrics to senior management. Use corporate finance and cash flow modeling techniques to determine an existing or potential client's creditworthiness. Negotiate ISDAs and legal credit agreements.
QUALIFICATIONS:
Minimum education and experience required: Bachelor's degree in Management, Business Administration, Economics, Finance, Accounting, or related field of study plus 5 years of experience in the job offered or as CIB Risk, Wholesale Credit Risk, Senior Credit Associate, or related occupation. The employer will alternatively accept a Master's degree in Management, Business Administration, Economics, Finance, Accounting, or related field of study plus 3 years of experience in the job offered or as CIB Risk, Wholesale Credit Risk, Senior Credit Associate, or related occupation. The employer will accept pre- or post-Bachelor's degree experience.
Skills Required: This position requires experience with the following: Bank ACH products including cash concentration accounts, federal wires, Intraday and overnight limits; corporate finance; financial modeling including Cash flow models and market dynamics; Financial statements and accounting; Interpreting financial statements including Balance sheet, income statement, and cash flow statements of corporate clients; Documentation related to ISDAs and credit agreements; Derivative products and documentation including interest rate, currency, and commodity derivatives, including swaps, forwards, futures, and options; GAAP accounting. The employer will accept pre- or post-Bachelor's degree experience with the required skills.
Job Location: 270 Park Avenue, New York, NY 10017. This position requires up to 10% domestic travel.
Full-Time. Salary: $160,000 - $240,000 per year.
About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
DESCRIPTION:
Duties: Identify the key credit risk factors associated with clients, transactions, and industry sub-sectors across an assigned portfolio. Develop and articulate a dynamic, forward-looking risk assessment of client companies, transactions, competitive threats, industry and other factors. Participate in client due diligence meetings. Attend client, bank, and other meetings to develop a better understanding of client companies, management teams, and industry sectors. Use financial models to incorporate the impact of forward-looking risk assessment on key value drivers. Develop and recommend appropriate credit structures relative to risk assessment. Prepare and review credit approval materials, ensure all credit risk policies are followed, and present and recommend credits for approval at the appropriate level. Analyze and negotiate covenants and other terms and conditions as part of a deal team. Review and negotiate legal documentation to ensure terms are appropriate. Ensure risk ratings are accurate and reflect a current forward-looking view of the client. Provide early identification and proactive management of deteriorating credits and other problem situations. Analyze, prepare, and present for approval all required waivers, amendments, and extensions. Prepare and present annual portfolio review material to senior management. Assist in training and developing analysts. Work closely with analysts and middle office and data teams to ensure accuracy of credit system data. Present new transactions as well as quarterly and annual portfolio monitoring metrics to senior management. Use corporate finance and cash flow modeling techniques to determine an existing or potential client's creditworthiness. Negotiate ISDAs and legal credit agreements.
QUALIFICATIONS:
Minimum education and experience required: Bachelor's degree in Management, Business Administration, Economics, Finance, Accounting, or related field of study plus 5 years of experience in the job offered or as CIB Risk, Wholesale Credit Risk, Senior Credit Associate, or related occupation. The employer will alternatively accept a Master's degree in Management, Business Administration, Economics, Finance, Accounting, or related field of study plus 3 years of experience in the job offered or as CIB Risk, Wholesale Credit Risk, Senior Credit Associate, or related occupation. The employer will accept pre- or post-Bachelor's degree experience.
Skills Required: This position requires experience with the following: Bank ACH products including cash concentration accounts, federal wires, Intraday and overnight limits; corporate finance; financial modeling including Cash flow models and market dynamics; Financial statements and accounting; Interpreting financial statements including Balance sheet, income statement, and cash flow statements of corporate clients; Documentation related to ISDAs and credit agreements; Derivative products and documentation including interest rate, currency, and commodity derivatives, including swaps, forwards, futures, and options; GAAP accounting. The employer will accept pre- or post-Bachelor's degree experience with the required skills.
Job Location: 270 Park Avenue, New York, NY 10017. This position requires up to 10% domestic travel.
Full-Time. Salary: $160,000 - $240,000 per year.
About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Top Skills
Corporate Finance
Documentation Related To Isdas And Credit Agreements
Financial Modeling
Gaap Accounting
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