Columbus, OH, USA
3 days ago
Risk Management - Transaction Risk, Senior Associate

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 a As a Transaction Risk Management Senior Associate in Middle Market Banking Group, you play a key role in providing oversight and management of client payments flow to ensure quick recover of funds and review treasury service facilities usage to make recommendations regarding facility size or risk mitigation.  The TRM UW Portfolio management role assess and determine appropriate risks for treasury product clients, establish and review treasury service facilities, and provide risk mitigation recommendations. Associate will Independently assess treasury service risk for assigned middle market clients (clients with exposure less than $5mm) to determine if risk is appropriate.  The Associate  will establish and review credit facilities that support treasury service products utilizing transaction activity and facility usage information to respond to risk alerts and assess risk profile.  Individual will provide treasury service risk mitigation recommendations for clients when warranted.  Staff will need to understand various treasury service products and operating platforms.   

Job Responsibilities:

Researches overnight overdrafts and works with client coverage team to resolve.  Returns, approves or acknowledges transactions (within authority) that contribute to overnight overdrafts. Follow ups with Banker, Treasury Service Officer, Client Service Officer when clients have excessive overdrafts. Reviews and approves intraday overdrafts within authority related to wire or book transfer activity, Automated Clearing House (ACH) transactions and international collections when necessary. Ensures that new or transferred clients fit within the business model Establishes and reviews or updates treasury service facilities. Responds to risk alerts and assesses risk profile utilizing transaction and usage information. Provides treasury service risk mitigation recommendations for complex client situations. Coordinates special handling of payments from accounts in bankruptcy or liquidation. Possesses a strong knowledge of various treasury service products, operating platforms, and how to navigate the firm to pursue resolutions. Builds strong relationships and maintains open communication channels with client coverage team and product partners to act as subject matter expert.

 

 Required Qualifications, Skills and Capabilities

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/BBA degree is required At least 3 years’ experience in commercial banking/lending including experience Demonstrated excellent verbal and written skills, interpersonal skills, and analytical and problem-solving skills Excellent organizational and project management skills; able to manage competing priorities under tight deadlines Proven ability to collaborate and build strong partnerships.  Intellectual curiosity with a proven ability to learn quickly High degree of initiative, self-direction, and ability to work well under pressure

 

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