Chase · 1 month ago
Risk Management - Legal Entity Credit Risk - Associate
383 Madison Ave, New York, NY, 10179, US
Full-time
Onsite
Mid Level
$135K/yr - $150K/yr
4+ years expJPMorgan Chase is a leading financial services firm, and they are seeking an Associate for their Wholesale Credit Risk Legal Entity team. The role involves supporting coverage leads in portfolio management, implementing strategic frameworks, and engaging with regulatory and audit requirements.
BankingFinancial Services
Responsibilities
Conduct periodic and ad hoc credit exposure variance analyses for legal entities, preparing initial commentary and analytical results that incorporate the portfolio’s business booking strategy, current events, and real-time market trends. Present these findings to location coverage leads for review and subsequent presentation to senior management and local governing bodies
Lead portfolio-related governance deliverables by coordinating with regional WCR LE teams to provide and review LE-specific metrics. Key governance activities may include the JPM Affiliates Framework, the semiannual Legal Entity Credit Tiering exercise, the annual Booking Office Country Approval reaffirmation, and other related initiatives
Serve as the primary lead for limit management of JPM Affiliates facilities, including performing limit breach investigations, proposing affiliate limit adjustments, and overseeing exposures in collaboration with regional coverage leads as needed
Provide implementation of Strategic Frameworks centers on collaborating with stakeholders to develop, implement, and maintain consistent credit risk frameworks and processes for LEs
Conduct Regulatory and Audit Engagement mandate which involves the review and adherence to local regulatory requirements, partnering with Credit Risk and functional teams to address regulatory and audit exams and inquiries, and collaborating with central Firmwide risk teams to promote consistent and compliant practices across LEs
Work closely with various Risk Management and functional teams, including Credit Officers, Legal Entity Risk Managers, Finance, Policy, Counterparty Credit Risk, Risk Reporting, etc
Participate in projects that span across various categories
Qualification
Required
Strong analytical mindset with the ability to interpret large datasets, identify trends, and clearly articulate key insights
Excellent communicator, comfortable engaging with colleagues throughout the Risk organization and other functional areas
Attention to detail and ability to deliver on time-sensitive deliverables in stressful situations
Control-oriented with excellent partnership and collaboration skills
Minimum 4 years experience in Credit Risk or translatable risk disciplines
Preferred
Bachelor's degree
Advanced degrees (CFA/MBA) a plus
Company
Chase
Chase provides broad range of financial services. It is a sub-organization of JP Morgan Chase.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Mike McDonnell
Managing Director, Head of Chase Travel Platform Product
Nicole Sanchez
Managing Director, Consumer Bank, GM and Product Executive, Growth Financial Products
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