Asset Management Risk - Global Wealth Management - Underwriter - Associate

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Asset Management Risk - Global Wealth Management - Underwriter - Associate','200029365','!*!

Global Wealth
Management - –Credit Risk Associate

Global Wealth Management (GWM) provides advice,
strategies and solutions for all aspects of the financial, asset management and
wealth transfer needs of high net worth and ultra-high net worth clients. 
GWM is dedicated to delivering an outstanding client experience by providing
unbiased advice and individual solutions.

Credit Risk assesses, permissions and manages credit and
counterparty risks on an industry, client, geographic and transaction basis.
Credit risk is the risk of loss arising from the default of a client or
counterparty. The Credit Risk function identifies, measures, limits, manages
and monitors credit risk across our businesses.  Credit exposure arises
through underwriting, lending and trading activities with and for clients and
counterparties, as well as from a range of operating services such as cash
management and clearing activities. 

Responsibilities:


Individual will evaluate GWM consumer and
business purpose credit requests utilizing applicable Credit Risk Policies
and Guidelines.
Individual will analyze individual and
business/entity financial statements, public information sources,
individual credit reports, and other relevant information to calculate
cash flow and balance sheet ratios. 
Individual will utilize these ratios and evaluate other qualitative
factors to determine a client’s risk of default following J.P. Morgan
Wholesale Risk Grading Methodology to comply with Basel III standards for
regulatory risk grading requirements.
Individual will complete an analysis of the
collateral and/or loan covenants/ events of default to determine the
potential loss in a default situation.
Individual will independently identify and
clearly articulate risks and mitigating factors that could impact the
client’s ability to repay the loan.  Individual will recommend a
course of action with clear and concise rationale.
Individual must understand and clearly
articulate geo-political risks and jurisdictional issues that impact our
domestic and cross-border clients.
Individual will engage in regular dialogue
with Front Office to obtain required information critical to making a loan
decision.  Individual will negotiate
loan structure and terms when necessary, and will provide alternative
solutions when appropriate.
Individual will escalate credit issues to
Credit Executive and provide solution(s) and/or next steps for resolution.
Individual has responsibility for portfolio
management and appropriate escalation for their respective markets to
ensure credit risk is maintained.
Individual will work with Risk Support and
Closing partners to ensure a seamless and timely delivery of credit to the
client, while maintaining a strict 
regulatory and control environment. 

Special projects will be assigned as appropriate.

Individual will mentor less experienced Credit
Analysts and Support Partners,  as
well as other GWM staff.
Individual will be asked to provide feedback
on, and recommend enhancements to existing processes and procedures to
enhance controls and efficiency. 


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Qualifications:The candidate should possess strong analytic skills and problem solving capabilities, be an excellent communicator, detail-oriented, and organized.  Individual should have a thorough knowledge of Capital Markets and Operating Companies.   Individual must be able to work in a high production environment while meeting or exceeding agreed upon targets for volume, timing and quality. Must have a strong commitment to customer service and teamwork to contribute to high-performing teams through development of self and others.Bachelor's degree required; Finance, Accounting, Economics, Business Management or STEM related degree preferred. 3 to 5 year's consumer and commercial bank lending experience. Completion of a major bank credit-training program preferred. Possess strong computer skills including Microsoft Excel Microsoft Word and PowerPoint.   Knowledge of JPMC software applications and a broad knowledge of bank products and services. Ability to work with individuals at all levels in the organization and contribute to the strategic direction of the firm and the team.Strong analytical and organizational skills.Candidates with fluency in Spanish, Portuguese, Mandarin or other languages frequently used by our Global clients will be given strong consideration.','JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.','Consumer Credit/Underwriting','US-OH-Westerville-460 Polaris / 54988','','ASSET & WEALTH MANAGEMENT','Full-time','Standard','Day Job','','JPMorgan Chase','JPMorgan Chase','Asset Management Risk - Global Wealth Management - Underwriter - Associate

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