Risk Management - Asset Wealth Management Analyst - JPMorgan Chase
San Francisco, CA
About the Job
Bring your expertise to JPMorgan Chase. 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 Risk Management - Asset Wealth Management Analyst within our dynamic team, you will be responsible for assessing and managing credit and counterparty risks across various industries, clients, geographic locations, and transactions. Your role will involve identifying, measuring, limiting, managing, and monitoring credit risk across our various business operations. You will handle credit exposure that arises from underwriting, lending, and trading activities with our clients and counterparties, as well as from a variety of operational services such as cash management and clearing activities. Your primary focus will be to mitigate the risk of loss that could arise from the default of a client or counterparty.
Job Responsibilities
+ Evaluate consumer and business purpose credit requests utilizing applicable Credit Risk Policies and Guidelines.
+ 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.
+ Complete an analysis of the collateral and/or loan covenants/ events of default to determine the potential loss in a default situation.
+ 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.
+ Escalate credit issues to Credit Executive and provide solution(s) and/or next steps for resolution.
+ Provide feedback on, and recommend enhancements to existing processes and procedures to enhance controls and efficiency.
+ Demonstrate ability to work with individuals at all levels in the organization and contribute to the strategic direction of the firm and the team
Required qualifications, skills and capabilities
+ Bachelor's degree required
+ 1 plus years of relevant experience.
+ Possess strong computer skills including Microsoft Excel Microsoft Word and PowerPoint. .
+ Strong analytical and organizational skills.
Preferred qualifications, skills and capabilities
+ Bachelor's degree required; Finance, Accounting, Economics, Business Management or STEM related degree preferred.
+ Completion of a major bank credit-training program preferred.
+ Candidates with fluency in Spanish, Portuguese, Mandarin or other languages frequently used by our Global clients will be given strong consideration
FEDERAL DEPOSIT INSURANCE ACT: This position is subject to Section 19 of the Federal Deposit Insurance Act. As such, an employment offer for this position is contingent on JPMorganChase's review of criminal conviction history, including pretrial diversions or program entries.
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
Base Pay/Salary
San Francisco,CA $84,000.00 - $103,000.00 / year
As a Risk Management - Asset Wealth Management Analyst within our dynamic team, you will be responsible for assessing and managing credit and counterparty risks across various industries, clients, geographic locations, and transactions. Your role will involve identifying, measuring, limiting, managing, and monitoring credit risk across our various business operations. You will handle credit exposure that arises from underwriting, lending, and trading activities with our clients and counterparties, as well as from a variety of operational services such as cash management and clearing activities. Your primary focus will be to mitigate the risk of loss that could arise from the default of a client or counterparty.
Job Responsibilities
+ Evaluate consumer and business purpose credit requests utilizing applicable Credit Risk Policies and Guidelines.
+ 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.
+ Complete an analysis of the collateral and/or loan covenants/ events of default to determine the potential loss in a default situation.
+ 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.
+ Escalate credit issues to Credit Executive and provide solution(s) and/or next steps for resolution.
+ Provide feedback on, and recommend enhancements to existing processes and procedures to enhance controls and efficiency.
+ Demonstrate ability to work with individuals at all levels in the organization and contribute to the strategic direction of the firm and the team
Required qualifications, skills and capabilities
+ Bachelor's degree required
+ 1 plus years of relevant experience.
+ Possess strong computer skills including Microsoft Excel Microsoft Word and PowerPoint. .
+ Strong analytical and organizational skills.
Preferred qualifications, skills and capabilities
+ Bachelor's degree required; Finance, Accounting, Economics, Business Management or STEM related degree preferred.
+ Completion of a major bank credit-training program preferred.
+ Candidates with fluency in Spanish, Portuguese, Mandarin or other languages frequently used by our Global clients will be given strong consideration
FEDERAL DEPOSIT INSURANCE ACT: This position is subject to Section 19 of the Federal Deposit Insurance Act. As such, an employment offer for this position is contingent on JPMorganChase's review of criminal conviction history, including pretrial diversions or program entries.
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
Base Pay/Salary
San Francisco,CA $84,000.00 - $103,000.00 / year
Source : JPMorgan Chase