JP Morgan Chase Careers – Bank Risk Associate

Job Description:

As a Credit Risk Associate in the Asset Based Lending Group your responsibility will be to i.) manage an assigned portfolio of Commercial Banking clients who have Asset Based loans; and ii.) participate in the underwriting of credit exposure for new to ABL customers in a second chair capacity until such time as Associate demonstrates ability to work as primary client contact. ABL Credit Risk Professionals lead the client credit relationship with CB Bankers who manage the overall relationship. The role involves extensive interaction with clients, other product partners, internal and external legal counsel, lenders and investors.

Job Responsibilities:

• Train and mentor junior team members
• Proactively support and enhance client relationships
• Leadership role in structuring and negotiating Credit Agreements, amendments and waivers. Manage and monitor loan products including affirmative, negative and financial covenant compliance. Manage on-going communication with bank group members
• Interpret collateral appraisals and field exams. On-going monitoring of collateral trends and liquidity, establishing reserves and recommending appropriate course of action to address issues
• Communicate with Senior Management, respond to regulatory requests and maintain internal credit files
• Partner with Bankers, Debt Capital Markets, Treasury Services, Leasing, Derivatives and Loan Operations
• Leads all aspects of the credit relationship, including credit analysis, financial modeling and coordinating credit approval for all products including loans, derivatives, leases and cash management
• Support ABL underwriting team in projection modeling, analysis and underwriting of new or modified ABL exposure for prospects and existing customers as workload permits.
• Leadership role in assigning and assessing internal ratings, risk assessment and risk mitigation. Recommend changes in structure or account management strategy to address negative trends. Assess monthly, quarterly and annual financial statements and borrowing base reporting

Job Requirements:

• Excellent communication skills – both written and verbal
• Bachelor’s degree in Accounting or Finance preferred
• Minimum 3 plus years’ experience in Risk ( Asset Based financing knowledge a plus)
• Ability to multitask in a fast paced environment

Job Details:

Company:  J.P. Morgan

Vacancy Type:  Full Time

Job Location: Dallas, TX, US

Application Deadline: N/A

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