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 judgment 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.
Corporate & Investment Bank Credit Risk Management is responsible for capital markets, lending activities and related credit exposures. The group is organized by geography with teams aligned by industry. CIB Credit Risk Management leads the client credit relationship in partnership with CIB Coverage.
The Asset Managers Credit Risk Team oversees exposure to North America-based Traditional and Alternative Asset Management firms, Private Equity sponsors, Private Credit, and Real Estate fund managers that are industry leaders across a diverse range of investment strategies. Analysts in the team play a vital role in monitoring a portfolio of clients, while also supporting Credit Officers with lending transactions, client meetings, and portfolio reviews.
Analysts will develop analytical skills to assess credit risk associated with lending and trading activities to asset managers and their funds. Key responsibilities include:
• Remaining current on all aspects of the credit relationship for assigned clients, including exposure, compliance, key risks, and opportunities
• Providing credit expertise in reviewing derivative and loan transactions
• Leading or assisting in negotiating and finalizing documentation for derivatives and loans
• Preparing credit analysis and seeking approval for transactions, including loans, derivatives, and operating exposures, either individually or as part of a team
• Offering a cohesive and comprehensive approach to reviewing ratings, tiering, and risk appetite of clients in the asset management sector
Typical Job Duties:
• Contribute to the review and analysis of traditional credit products, including customer due diligence, financial analysis and modeling, and preparation of credit approval memos. Collaborate with SLF and IB Coverage partners on loan transactions.
• Assist in evaluation and management of counterparty credit risks in trading with Asset Managers. Assess fund clients' risk management processes, trading strategies, and infrastructure, while maintaining active ongoing dialogue through calls and on-site client due diligence meetings.
• Monitor exposure using proprietary systems, swiftly escalating key risk issues. Gain expertise in quantitative risk management concepts like value-at-risk, stress testing, and market sensitivities across various trading activities, including OTC derivatives, Prime Brokerage, securities financing products, exchange traded derivatives, and structured transactions.
• Engage with business partners, including sales and trading teams, to determine trading requirements and exposure limits and establish guidelines for trading. Provide credit expertise in reviewing derivative and loan transactions.
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.
• A Bachelor's Degree in Business, Finance, Economics or Accounting
• A general understanding of accounting and corporate finance
• Strong problem-solving and critical thinking skills to find solutions to unique situations and requests
• A strong interest in client interaction and outstanding verbal and written communication skills
• Ability to work well under pressure on teams in a demanding environment
• Proficient in Microsoft Excel, Word, and PowerPoint
Additional Skills, Experience and Qualifications
The following additional items will be considered but are not required for this role
• Knowledge of Asset Manager and Hedge Fund Industry preferred
• Financial modeling experience is a plus