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Chase · 7 hours ago

Risk Management - Credit Risk Associate - Business Services

131 S Dearborn St, Chicago, IL, 60603, US

Full-time

Onsite

Mid Level

$125K/yr - $140K/yr

3+ years exp

JPMorgan Chase is a leading financial institution that provides innovative financial solutions globally. The Credit Risk Associate will manage and monitor a portfolio of leveraged issuers while collaborating with various teams to ensure compliance and assess credit risks.

BankingFinancial Services

Responsibilities

Manage and monitor a portfolio of client credit exposures across Business Services subsectors (e.g., facilities management, outsourcing, staffing, security services, consulting firms, etc.)

Track exposure across loans, revolvers, term loans, letters of credit, ABL facilities, and derivatives; ensure compliance with limits, covenants, and internal risk appetite

Conduct scenario analysis/stress testing on leverage, liquidity, and cash flow resilience

Take ownership of client credit needs and independently develop credit opinions

Build and review pro forma capital structures and cash flow projection models; assess debt capacity, deleveraging paths, interest coverage, liquidity, and covenant headroom

Manage credit due diligence process for clients and capital markets transactions, coordinating third‑party reports, management meetings, and site visits

Assess counterparty credit risk using SA‑CCR/PFE methodologies; monitor exposure, collateral thresholds, and margining under CSA

Coordinate with Treasury Services, Payments Risk, and Implementation teams to align product structures, collateralization/guarantees, and documentation with credit appetite

Collaborate with Global Corporate Banking Coverage, Debt Capital Markets, Investment Banking Coverage, and Syndicate teams

Stay current on all aspects of credit relationships, including exposure, compliance, documentation status, and ongoing credit research

Qualification

Credit risk analysisFinancial modelingCorporate finance expertiseExcel proficiencyLegal document negotiationMBACFA designationABL structuresOutstanding communicationInterpersonal skillsPerform under pressure

Required

Bachelors degree

Completion of a major corporate bank credit training program or equivalent experience

Minimum of 3 years of related experience in credit risk, leveraged finance, or corporate finance

Strong accounting and corporate finance expertise; proven analytical and financial modeling ability

Proficiency in Excel, PowerPoint, and Word; ability to produce concise, decision‑ready materials

Outstanding verbal and written communication; strong interpersonal skills; ability to perform under pressure in a demanding environment

Preferred

MBA or CFA designation

Familiarity with rating agency methodologies and stress testing practice

Experience with ABL structures, borrowing base analysis, and collateral diligence

Knowledge of loan and derivative products, documentation, and structuring; experience negotiating legal documents associated with credit products

Experience negotiating legal documents associated with credit products

Sector familiarity beyond Business Services (e.g., Consumer, Retail, Healthcare, Diversified Industries, Automotive, Transportation, Aerospace, Defense, Airlines, Natural Resources, Energy)