Job Description

Credit Risk assesses, permissions and manages credit and counterparty risks on an industry, client, geographic and transaction basis. Credit risk is the risk of loss arising from the default of a client or counterparty. The Credit Risk function identifies, measures, limits, manages and monitors credit risk across our businesses. Credit exposure arises through underwriting, lending and trading activities with and for clients and counterparties, as well as from a range of operating services such as cash management and clearing activities.

Job Responsibilities

• Individual will evaluate Global Wealth Management consumer and business purpose credit requests utilizing applicable Credit Risk Policies and Guidelines.
• Individual will analyze individual and business/entity financial statements, public information sources, individual credit reports, and other relevant information to calculate cash flow and balance sheet ratios. Individual will utilize these ratios and evaluate other qualitative factors to determine a client\'s risk of default following J.P. Morgan Wholesale Risk Grading Methodology to comply with Basel III standards for regulatory risk grading requirements.
• Individual will complete an analysis of the collateral and/or loan covenants/ events of default to determine the potential loss in a default situation.
• Individual will independently identify and clearly articulate risks and mitigating factors that could impact the client\'s ability to repay the loan. Individual will recommend a course of action with clear and concise rationale.
• Individual must understand and clearly articulate geo-political risks and jurisdictional issues that impact our domestic and cross-border clients.
• Individual will engage in regular dialogue with Front Office to obtain required information critical to making a loan decision. Individual will negotiate loan structure and terms when necessary, and will provide alternative solutions when appropriate.
• Individual will escalate credit issues to Credit Executive and provide solution(s) and/or next steps for resolution.
• Individual has responsibility for portfolio management and appropriate escalation for their respective markets to ensure credit risk is maintained.
• Individual will work with Risk Support and Closing partners to ensure a seamless and timely delivery of credit to the client, while maintaining a strict regulatory and control environment.
• Special projects will be assigned as appropriate.
• Individual will mentor less experienced Credit Analysts and Support Partners, as well as other GWM staff.
• Individual will be asked to provide feedback on, and recommend enhancements to existing processes and procedures to enhance controls and efficiency.

Required Qualifications, Skills and Capabilities

• Bachelor\'s degree required; Finance, Accounting, Economics, Business Management or STEM related degree preferred.
• 3 to 5 year\'s consumer and commercial bank lending experience.
• Completion of a major bank credit-training program preferred.
• Possess strong computer skills including Microsoft Excel Microsoft Word and PowerPoint.
• Knowledge of JPMC software applications and a broad knowledge of bank products and services.
• Ability to work with individuals at all levels in the organization and contribute to the strategic direction of the firm and the team.
• Strong analytical and organizational skills.
• Candidates with fluency in Spanish, Portuguese, Mandarin or other languages frequently used by our Global clients will be given strong consideration.

JPMorgan Chase & Co., 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 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. In accordance with applicable law, we make reasonable accommodations for applicants\' and employees\' religious practices and beliefs, as well as any mental health or physical disability needs. The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment. As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm\'s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm\'s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be 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. Equal Opportunity Employer/Disability/Veterans