Apply Now    

Asset Management, Covenant Risk Analyst (Columbus, OH)

Job Description

Group Description:
Covenant Risk Monitoring Team is part of the Private Bank Global Wealth Management Credit Middle Office operations team and is currently responsible for managing and monitoring financial covenants and related tasks for HNW and UHNW Domestic, Latin America and EMAP NY portfolios.  The team is comprised of seven individuals in Columbus and three resources offshore who manage the set up, monitoring and reporting related to financial covenants for the HNW and UHNW portfoliosThe functions performed by this team are critical to protecting the bank from potential credit losses.
 
The Covenant Risk Analyst will be responsible to support all core functions and work on projects as needed to improve quality, control and execution of the business. 
 
Core Functions include:
  • Identification of facilities with covenants – streamline/improve process to identify and on-board (new and modification) covenant calculations and tracking items into CLASS 
  • Covenant Set Ups – Establish covenant framework in CLASS for monitoring, including more complex elements such as Debt Service Coverage, Liquidity,  and FIV/NAV/AUM reduction
  • Manage daily correspondence from front office and Credit Executives
  • Manage Exception reporting and resolution, working with the responsible Capital Advisors, engaging the JPM Legal department as needed
  • Manage Discrepancy reporting and resolution, working with responsible Capital Advisors and Underwriters
  • Metrics – Manage core operations metrics for both risk and capacity
The Analyst will be expected to contribute to process re-engineering initiatives, recommend improvements, and work with Underwriters, Capital Advisors, Credit Analysts, Legal team, Credit Officers, Documentation team and others throughout the Credit Center and larger Credit Risk organization to manage covenant issues and Exceptions.
  • BA/BS or equivalent
  • Minimum of 3 years working in a legal, credit administration, operations, or support group within the Financial Services industry
  • Knowledge of legal documentation, bank systems and loan/credit operations strongly preferred
  • Strong Excel and data manipulation skills a plus
  • Experience in providing business requirements for technology a plus
  • Experience in Project Management
  • Service-Oriented
  • Communication Skills & Demonstrated Teamwork
  • Interest in the Financial Markets and risk measures
Req #: 160034969
Location: Westerville, OH US
Job Category: Asset Management
Employment Type: Full Time
Potential Referral Amount: 0 US Dollar (USD)

Apply Now    

Join our Talent Community

Not ready to apply? Leave your information with us and we will keep you up to date with new career opportunities.

Join Now

Privacy Statement

Any information you provide is confidential and will only be viewed by our recruiters in an effort to fill open positions. In addition, the information you provide is subject to our privacy policy practices.

Please note that J.P. Morgan will not accept unsolicited approaches or speculative CVs, nor will J.P. Morgan be responsible for any related fees, from Third Party Firms who are not preferred suppliers.

The firm invites all interested and qualified candidates to apply for employment opportunities.

Need disability related assistance?

If you are a US or Canadian applicant with a disability who is unable to use our online tools to search and apply for jobs, please contact us by calling (US and Canada Only) 1-866-777-4690. Please indicate the specifics of the assistance needed.


Keep in touch

Not ready to apply? Leave your information with us and we will keep you up to date with new career opportunities.