Job Description

As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase 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 Credit Risk Associate, you will have a leading role in credit origination and portfolio management of non-investment grade / leveraged companies covered by the Natural Resources team. The Natural Resources team covers clients in the Corporate and Investment Bank. You will take part in the structuring and underwriting of new lending activities, analyze credit requests, facilitate regulatory monitoring, and perform on-going portfolio monitoring. In each capacity, the Credit team works in partnership with Investment Banking Coverage, Global Corporate Banking, Debt Capital Markets, and many other product partners to meet the needs of clients.

You will develop a broad and deep understanding of the business, financial, competitive, and industry risks faced by clients in the assigned portfolio. You will report to an Executive Director and would be supported in day to day work by a dedicated team of Analysts. This candidate will be expected to play an important role in mentoring and developing junior talent to enhance the performance of the broader team.

Job responsibilities

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, 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

Credit Approval Process

• • Apply corporate finance and accounting expertise to develop appropriate financing structures
  • Prepare and review 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

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 quarterly financial snapshot of the Natural Resources portfolio
  • Prepare and present annual portfolio review material to senior management

Leadership

• • Assist in training and developing analysts
  • Work with bank examiners and internal credit reviewers to validate credit quality and integrity of the credit process
  • Work closely with analysts and our middle office and data teams to ensure accuracy of credit system data
  • Present new transactions as well as quarterly and annual portfolio monitoring metrics to senior management

Minimum Skills, Experience and Qualifications
We are looking for someone excited to join our organization. If you meet the minimum requirements below, you are encouraged to apply to be considered for this role.

• BA/BS degree is required
• 3-5 years of commercial/investment banking lending experience including extensive credit, structuring, and marketing.
• Possesses an understanding of financial products, corporate finance, financial modeling and market dynamics
• Strong knowledge of financial statements and accounting
• Experience with documentation related to credit agreements
• Knowledge/experience of derivative products and documentation (including ISDA and CSA)
• Excellent 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
• Ability to perform well under pressure in a demanding environment managing multiple tasks at the same time

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 Base Pay/Salary
NY $125,000.00 - $150,000.00 / year