18 days old

Wholesale Credit Risk – North America Financial Institutions or Public Finance – Associate

JPMorgan Chase & Co.
Plano, TX 75074
  • Job Code
    190104299

Wholesale Credit Risk – North America Financial Institutions or Public Finance – Associate

Req #: 190104299
Location: Plano, TX, US
Job Category: Accounting/Finance/Audit/Risk
Potential Referral Amount: US Dollar (USD)

JPMorgan Chase is a leading global financial services firm with assets of $2.5 trillion and operations in more than 60 countries.  The firm is a leader in investment banking, commercial banking, financial services for small business and consumers, financial transaction processing, asset management and private equity.

 

Wholesale Credit Risk Management (WCR) is responsible for lending activities and other counterparty related credit exposures. The group is based on Plano, TX, and the teams are aligned by industry. Wholesale Credit Risk Managers lead the client credit relationship in partnership with Coverage and Product business colleagues

 

The Risk Team manages exposure to a primarily investment-grade client base consisting of super-regional, multistate, and single state banks, credit card processors, and public finance clients (including healthcare, higher education and non-profit entities).  Responsibilities include diligence, structuring, approval, risk grading, and the on-going monitoring and management of a diverse and complex portfolio of risk, taxable and tax-exempt credit structures, extensive derivatives and securities trading relationships, intraday liquidity facilities, and other traditional credit  products.  The Associate is expected to effectively handle a portfolio of clients within the financial institution and public finance sector, responding to their credit needs, while providing sound judgement and effective monitoring through collaboration across all Risk and Business levels. 

 

Responsibilities:

  • Manage the daily risk demands of a portfolio of clients, evaluating and executing on a variety of transactions for banks and public finance entities
  • Work directly on transactions including analysis of client and preparation of credit materials, discussions with bankers, negotiating of legal documentation, setup of facilities, coordinating with middle office teams and ongoing monitoring of clients post transaction approval.
  • Build strong relationships and maintain open communication channels with colleagues across the firm, including Bankers, Operations, Legal, Middle Office, Finance, etc. 
  • Track the clients on an ongoing basis and update key stakeholders on key developments with regards to clients or industry and potential impact on credit rating
  • Keep abreast of changing legislation, governmental actions and economic trends that impact banking clients, and various US Government, and Municipal and Not-For-Profit sectors and clients.
  • Train, develop, and work with Analysts to create and review new proposals and maintain updated credit assessments on a large portfolio of existing clients
  • Provide leadership and input into key projects across the department, and contribute to process and efficiency improvement initiatives of the Credit organization
 

 

 




Qualifications:


  • 4–5 years professional work experience in financial services preferred (investment banking or similar)
  • Possesses a solid understanding of financial products and market dynamics
  • Knowledge/experience of derivative products and documentation (including ISDA and CSA)
  • Experience with loan structuring and documentation including trade finance is a plus
  • Experience with structures and documentation for tax-exempt financing
  • Strong communication skills — both oral and written
  • Ability to effectively present analysis and interact with key stakeholders
  • Capability to perform due diligence and negotiation with clients
  • Deadline orientation; close attention to detail and accuracy; ability to perform under pressure
  • Ability to work proactively & independently as well as in a team environment
  • Strong interpersonal skills, ability to build relationships with key stakeholders across lines of business

 


 


Keyword: card%20services

Categories

Posted: 2019-11-20 Expires: 2019-12-20

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Wholesale Credit Risk – North America Financial Institutions or Public Finance – Associate

JPMorgan Chase & Co.
Plano, TX 75074

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