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 Transaction Risk Management Senior Associate in our Middle Market Banking Group, you will play a key role in managing client payments and reviewing treasury service facilities. You will assess and determine appropriate risks for treasury product clients, establish and review credit facilities, and provide risk mitigation recommendations. You will also respond to risk alerts and assess risk profiles, ensuring a thorough understanding of various treasury service products and operating platforms. Your role is crucial in maintaining the resilience and strength of our operations.
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 modelEstablishes 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, capabilities and skills
BA/BS/BBA degree is requiredAt least 3 years’ experience in commercial banking/lending including experienceDemonstrated excellent verbal and written skills, interpersonal skills, and analytical and problem-solving skillsExcellent organizational and project management skills; able to manage competing priorities under tight deadlinesProven ability to collaborate and build strong partnerships. Intellectual curiosity with a proven ability to learn quicklyHigh degree of initiative, self-direction, and ability to work well under pressure