Job Information
JPMorgan Chase Risk Management - Credit Risk Analyst - Asset Managers & Funds in New York, New York
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.
Corporate & Investment Bank Credit Risk Management is responsible for capital markets, lending activities and related credit exposures. The group is organized by geography with teams aligned by industry. CIB Credit Risk Management leads the client credit relationship in partnership with CIB Coverage.
The Asset Managers Credit Risk Team oversees exposure to North America-based Traditional and Alternative Asset Management firms, Private Equity sponsors, Private Credit, and Real Estate fund managers that are industry leaders across a diverse range of investment strategies. Analysts in the team play a vital role in monitoring a portfolio of clients, while also supporting Credit Officers with lending transactions, client meetings, and portfolio reviews
Analysts will develop analytical skills to assess credit risk associated with lending and trading activities to asset managers and their funds. Key responsibilities include:
• Remaining current on all aspects of the credit relationship for assigned clients, including exposure, compliance, key risks, and opportunities
• Providing credit expertise in reviewing derivative and loan transactions
• Leading or assisting in negotiating and finalizing documentation for derivatives and loans
• Preparing credit analysis and seeking approval for transactions, including loans, derivatives, and operating exposures, either individually or as part of a team • Offering a cohesive and comprehensive approach to reviewing ratings, tiering, and risk appetite of clients in the asset management sector
Typical Job Duties:
Contribute to the review and analysis of traditional credit products, including customer due diligence, financial analysis and modeling, and preparation of credit approval memos. Collaborate with SLF and IB Coverage partners on loan transactions.
• Assist in evaluation and management of counterparty credit risks in trading with Asset Managers. Assess fund clients' risk management processes, trading strategies, and infrastructure, while maintaining active ongoing dialogue through calls and on-site client due diligence meetings.
• Monitor exposure using proprietary systems, swiftly escalating key risk issues. Gain expertise in quantitative risk management concepts like value-at-risk, stress testing, and market sensitivities across various trading activities, including OTC derivatives, Prime Brokerage, securities financing products, exchange traded derivatives, and structured transactions.
• Engage with business partners, including sales and trading teams, to determine trading requirements and exposure limits and establish guidelines for trading. Provide credit expertise in reviewing derivative and loan transactions.
Minimum Skills, Experience and Qualifications
We are looking for someone excited to join our organization. If you meet the minimum requirements below, you are encouraged to apply to be considered for this role.
• A Bachelor's Degree in Business, Finance, Economics or Accounting
• A general understanding of accounting and corporate finance
• Strong problem-solving and critical thinking skills to find solutions to unique situations and requests
• A strong interest in client interaction and outstanding verbal and written communication skills
• Ability to work well under pressure on teams in a demanding environment
• Proficient in Microsoft Excel, Word, and PowerPoint
Additional Skills, Experience and Qualifications
The following additional items will be considered but are not required for this role
• Knowledge of Asset Manager and Hedge Fund Industry preferred
• Financial modeling experience is a plus
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
New York,NY $100,000.00 - $120,000.00 / year