6 days old

JPMorgan Chase & Co.
New York, NY 10007
  • Job Code

Commercial Bank - Risk - Credit Risk - Middle Market , Associate

Job Description



JP Morgan Chase


JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at http://www.jpmorganchase.com/.




Our Firmwide Risk Function


Our Firmwide Risk function is focused on cultivating a stronger, unified culture that embraces a sense of personal accountability for developing the highest corporate standards in governance and controls across the firm. Business priorities are built around the need to strengthen and guard the firm from the many risks we face, financial rigor, risk discipline, fostering a transparent culture and doing the right thing in every situation. We are equally focused on nurturing talent, respecting the diverse experiences that our team of Risk professionals bring and embracing an inclusive environment.




The position is in Middle Market Banking and Specialized Industries’ organization with a particular focus on Technology & Disruptive Commerce (“TDC”) industry clients with revenues between $20mm and $500mm. The TDC underwriting team is responsible for the credit risk management of clients in the innovation economy with a specific focus on the software, hardware/systems, internet, IT services, emerging growth and digital media sectors. Clients in each of these sectors are active users of traditional commercial banking services and investment banking products and covered by dedicated bankers dispersed throughout the US. These innovation economy industry verticals are high profile expansion markets that offer underwriters an opportunity to work on a high volume of transactions, in a fast paced and rapidly growing segment of the Commercial Bank.




The Associate is the primary credit risk manager for a portfolio of Middle Market Banking Technology & Disruptive Commerce industry clients and transactions. In this capacity, the Associate works in partnership with a team of TDC bankers and product partners to risk grade borrowers, analyze and approve credit requests, structure credit facilities, and negotiate credit agreements and other loan documentation. The Associate is also responsible for on-going monitoring and risk management of an assigned portfolio of credit clients. To be successful, this individual needs to develop a broad and deep understanding of the business, financial, competitive, and industry risks faced by clients in the assigned portfolio. The Associate will report to the TDC Group Credit Risk Director and be supported in his/her day to day work by a dedicated team of Analysts and fellow Underwriters that report to the same Credit Risk Director. The Associate will be expected to play an important role in mentoring and developing junior talent to enhance the performance of the broader team. The position is “client facing” and domestic travel will be required from time to time.








1. Risk Assessment


  • Identify the key 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, and industry and other factors 
  • Lead and/or participate in client due diligence meetings as necessary 
  • 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


 2. Credit Approval Process



  • Apply corporate finance and accounting expertise to develop appropriate financing structures 
  • Prepare 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 and consistent with credit approval





3. Portfolio Management


  •  Provide a well-researched and thoughtful risk assessment of each assigned client on an ongoing basis
  • 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 semi-annual portfolio review material to senior management
  • Work with bank examiners and internal credit reviewers to validate credit quality and integrity of the credit process
  • Work closely with PMAs/Credit Assistants to ensure accuracy of credit system data
  • Assist Credit Risk Director in training and developing analysts






  • Superior credit, lending, negotiation, loan documentation, and financial modeling skills
  • Strong interpersonal and communication skill
  • Independently productive; able to operate at a highly effective level with minimal day-to-day managerial direction
  • Completion of a major commercial/investment bank credit training program or equivalent experience, and a thorough understanding of bank credit policies and procedures
  • Minimum of Associate: 3-4 years of commercial/investment banking lending experience including extensive credit, structuring, and marketing. Experience working with innovation economy industry clients is preferred
  • BA/BS degree is required, MBA is a plus

Req #: 200009337
Location: New York, NY US
Job Category: Accounting/Finance/Audit/Risk
Employment Type: Full Time
Potential Referral Amount: US Dollar (USD)

Keyword: consumer%20banking


Posted: 2020-02-12 Expires: 2020-03-13

Before you go...

Our free job seeker tools include alerts for new jobs, saving your favorites, optimized job matching, and more! Just enter your email below.

Share this job:

JPMorgan Chase & Co.
New York, NY 10007

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast