Risk Management - Specialty Finance - Credit Risk Associate

Job Description
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 Credit Risk Associate on the Specialty Finance Risk Team, you will support the risk management of a national portfolio of non-bank financial entities focused on residential mortgage originations, commercial/consumer finance, fintech and other financial service industries. You will collaborate with Securitized Products, Corporate and Investment Bankers, Treasury Services and Traders to analyze, structure, risk grade and approve credit exposures. You will assist in deal documentation negotiations and contribute to ongoing risk management.
Job Responsibilities

• Support the ongoing risk management of the portfolio, maintaining an understanding of clients' businesses and a forward-looking view of the portfolio
• Develop an understanding of the residential mortgage finance and other specialty finance markets, including key risks and structures
• Assist in due diligence meetings, which may be virtual or at the client's office
• Perform financial analysis to assess the strength of corporate counterparties and identify key risks
• Monitor the portfolio to ensure internal risk grades remain accurate and take appropriate action to mitigate risk for deteriorating clients
• Engage with coverage bankers and product partners to develop structures appropriate for the risk profile of the client and/or assets to be financed
• Work with business colleagues to assess stress or downside credit scenarios, including validating cash flow models
• Assist in the review and negotiation of transaction and trading legal documentation
• Author written credit analysis and present recommendations to senior credit officers for approval
• Support junior resources and manage workloads, ensuring deadlines are understood and met

Required Qualifications, Capabilities, and Skills

• Bachelor's degree in a quantitative discipline
• Minimum of 3 years of Commercial/Corporate Banking/lending, Asset Based Lending (ABL) or Structured Finance experience
• Completion of a major corporate bank credit/analyst training program or equivalent experience
• Excellent verbal and written communication skills
• Strong organizational and project management skills
• Demonstrated interpersonal skills to collaborate with teammates, bankers, product partners, senior management, and clients
• Strong work ethic with an ability to meet deadlines while multi-tasking

Preferred Qualifications, Capabilities, and Skills

• Prior experience in Commercial/Investment Banking, especially with a credit, structing and/or market focus
• Proficiency in Excel, PowerPoint, and financial modeling
• Residential mortgage, specialty finance, and/or securitization experience a plus
• Knowledge of credit, JPMC, and similar bank policies
• Ability to perform well under pressure in a demanding environment

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.