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JPMorganChase · 4 months ago

Credit Support Analyst

8181 Communications Pkwy Bldg B, Plano, TX, 75024, US

Full-time

Onsite

Mid Level

3+ years exp

JPMorganChase is a leading financial services firm, and they are seeking a Credit Support Analyst to join their Wholesale Lending Services team. This role is pivotal in ensuring compliance with credit agreements and involves assessing borrowers' adherence to financial covenants, providing valuable insights into the credit compliance landscape.

Asset ManagementBankingFinancial Services

Growth Opportunities

No H1B

Responsibilities

Determine whether borrowers have breached covenants, resulting in default on credit agreements

Interpret complex credit agreements and legal documents to identify necessary parties for compliance evaluation

Perform credit analysis, review documentation, and monitor compliance with financial covenants

Independently calculate cash flow, leverage ratios, and covenant values as per credit agreements

Develop strong knowledge of secured lending products, including borrowing base credit facilities

Determine grid-based performance pricing to ensure adequate compensation for credit risk

Adhere to quality control standards and service level agreements with internal business partners

Qualification

Credit analysisFinancial analysisMS ExcelLoan products knowledgeCommunication skillsTime managementIndependent work

Required

Bachelor's degree in Business/Accounting

3 or more years of experience in banking and/or financial analysis

Ability to identify and summarize key points in credit-related transactions

Understanding of loan products, including documentation for revolving lines of credit and term loans

Strong verbal and written communication skills for effective stakeholder engagement

Ability to work independently with minimal supervision and demonstrate good time management

High proficiency in using MS Office tools, including MS Excel

Preferred

Desire to develop expertise in assessing credit risk of real estate developers and investors

Experience with opportunity and investment funds is a plus

Company

JPMorganChase

Glassdoor4.0

With a history tracing its roots to 1799 in New York City, JPMorganChase is one of the world's oldest, largest, and best-known financial institutions—carrying forth the innovative spirit of our heritage firms in global operations across 100 markets.

Founded in 2000

New York, New York, USA

10001+ employees