Associate role in the Technology, Media & Telecoms Team within Wholesale Credit Risk EMEA covering clients for the Commercial & Investment Bank, with a primary focus on venture capital and innovation economy clients.

 

As a Wholesale Credit Risk – Technology, Media, Telecoms - Associate in Wholesale Credit Risk EMEA team, you will work closely with business partners across the region, including Debt Capital Markets, Acquisition and Leveraged Finance, M&A, Corporate Bank, Markets, Treasury Services and Trade Finance covering a wide range of Leveraged (both Private Equity-owned and Corporate) and Commercial Banking Innovation Economy clients in the Technology, Media & Telecoms sectors.

 

Job responsibilities

Take responsibility for the due diligence, credit analysis and financial modelling of credit counterparties; drive the preparation of credit memos and make recommendations as to appropriate structure, risk appetite and grading.  Lead in-depth due diligence processes and oversee the production of credit memos with clear recommendations.  Build financial models, challenges industry teams on modelling assumptions, devises appropriate downside scenarios and is able to clearly articulate key modelling conclusions Work across a variety of products including secured and unsecured loans (e.g. venture term loan, Annual Recurring Revenue facilities, Venture Multiple of Recurring Revenue and Enterprise Financings), derivatives, trade and treasury products.  Negotiate loan documentation, derivatives and other facilities to help mitigate risks to JPM. Understand J.P. Morgan’s Risk management policies and related interactions with various stakeholders, including Regulators and Auditors Manage ongoing credit risk portfolio including monitoring of credit ratings, sector trends and client performance.  

Required qualifications, capabilities, and skills

Sound credit skills and judgment, with a proactive approach to the credit process and identifying risks. Demonstrate knowledge of transaction structures, loan documentation and banking products sufficient to participate in the negotiation and execution of new deal documentation and portfolio workstreams.  Good interpersonal and communication (both written and verbal) skills.  Be able to establish credibility and trust with key internal and external stakeholders.  Proven coaching and development ability towards more junior colleagues Familiarity with venture lending structures (venture debt, recurring revenue lines, ABL) and managing/monitoring credit exposure for VC/PE backed clients. Self-starting, result-driven, multi-tasking, risk-reward mindset and adaptable to change given the dynamic nature and timing of workflow. Prior experience in a comparable environment.