12 days old

JPMorgan Chase & Co.
Plano, TX 75074
  • Job Code
    200032620

CIB – Credit Risk – Asset Backed Finance & Specialty Finance – Analyst - Plano, TX

Job Description

J.P. Morgan's Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust JPM with their business in more than 100 countries. We offer strategic advice, lend money, raise capital, help manage risk, extend liquidity, buy and sell securities, and provide many other banking services in markets around the world.

 

Within the CIB, Credit Risk is responsible for managing credit exposure generated by lending, trading, cash management and other activities. The group is organized by geography with teams aligned by industry. CIB Credit Risk leads the client credit relationship in partnership with CIB sales teams from IB Coverage, Corporate Banking, Investment Grade & Leveraged Finance, Securitized Products, Sales & Trading, Treasury & Security Services, Legal, etc.

 

The Specialty Finance and Asset Backed Securities Credit Risk Team work with a client base of leaders in mainly the North American consumer finance, mortgage, auto finance industries and middle market lenders. The team manages credit exposure where the repayment is 1) direct recourse based on the credit worthiness of the counterparty or 2) non-recourse based on a stream of cash flows provided by a pool of financial assets. The team is looking for an Analyst with strong analytical skills and knowledge of accounting and corporate finance. New members joining the team develop the analytical skills needed to evaluate, assess and document client creditworthiness as well as structure and negotiate new transactions/requests.

 

Job Responsibilities:

Analysts are assigned a portfolio of clients with primary responsibility for performing ongoing credit analysis and client exposure management. Specific duties include:

  • Developing a well-informed and forward looking view of the client business or the securitized financial assets

  • Staying current on all aspects of the assigned credit portfolio, including industry trends, portfolio performance, compliance with covenants, potential risks and opportunities

  • Preparing and presenting credit approval memos in connection with new debt facilities and reviews on existing client facilities, by:

    • Performing financial analysis including stress testing, projections and peer comparisons

    • Assessing creditworthiness of clients and recommending appropriate credit ratings

    • Assessing the ability of cash flows of a specific pool of securitized assets to repay debt

    • Describing concisely the structure and terms of products and analyzing related risk metrics

  • Participating in client on-site or telephonic diligence meetings

  • Processing transactions and annual reviews in JPM’s credit system by coordinating with middle office and business partners in a timely manner

  • Monitoring, investigating and escalating risk metrics associated with client activity

  • Preparing and presenting periodic portfolio reviews to senior credit executives and business partners

  • Lead ad hoc team projects

Qualifications

  • Highly motivated with a natural passion to learn and an inquisitive personality

  • Professional work experience in financial services or asset backed securities preferred

  • Credit risk management experience preferred

  • Corporate finance and accounting coursework

  • Strong sense of accountability and ownership of tasks

  • Interest in client interaction with strong verbal and written communication skills

  • Capable of understanding, describing and debating complex concepts

  • Ability to perform well under pressure in a demanding environment managing multiple tasks at the same time

  • Highly proficient in Excel, PowerPoint and Word software

Req #: 200032620
Location: Plano, TX US
Job Category: Accounting/Finance/Audit/Risk
Employment Type: Full Time
Potential Referral Amount: 3000 US Dollar (USD)


Keyword: consumer%20banking

Categories

Posted: 2020-05-12 Expires: 2020-06-11

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JPMorgan Chase & Co.
Plano, TX 75074

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