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CCB Risk - Dealer Finance -Commercial Credit Analyst - Chicago, IL

Job Description

 
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
 
Dealer Commercial Services is a commercial lending unit within Wholesale Credit Risk.  We specialize in lending to new car dealers in the US with sales ranging from small business to public auto dealerships.  We provide floorplan, real estate, acquisition and commercial loans, along with cash management, derivatives and wealth management. 

As a Credit Analyst in DCS, your primary responsibilities will be to take ownership of a portfolio that will include floorplan only clients, ACH facilities and real estate only transactions and to utilize your credit skills to work independently on the portfolio of relationships assigned to you. You will be expected to appropriately assess the risk in your portfolio, diligently manage the portfolio (i.e. renewals, modifications, managing the credit risks) and meet customer deadlines.   Additional responsibilities include validating financial covenants and borrowing base certificate compliance.  You will be a partner to the Bankers in the market, striving to balance sales and credit quality goals.  You will also develop credit skills for underwriting analysis and learn DCS policies and procedures. 

 
Responsibilities include but are not limited to:
  • Validation of borrowing base certificates and testing of financial covenants for compliance as dictated by the customer’s underlying loan documents
  • Taking ownership of your portfolio, acting with a sense of urgency, assessing credit, financial and repayment risk.
  • Utilizing credit skills to author well thought out and concise analysis of DCS relationships using appropriate structure and identifying key risks.
  • Prepare credit approval packages and provide recommendations for approval
  • Work in partnership with the Bankers to develop Client relationships
  • Working proactively, in a constructive, diplomatic manner, with both internal and external contacts to keep transactions moving.
  • Demonstrating excellent communication skills both internally and externally and using those communication skills to effectively solve problems.
    • BS/BBA in Finance, Accounting or other Business degree
    • At least 1-3 years of commercial underwriting/lending/credit experience.
    • Commercial Credit experience is preferred
    • Auto Finance experience a strong plus
    • Prior experience in a role utilizing basic accounting principles
    • Must be capable of multi-tasking and prioritizing in a time sensitive environment
    • Must maintain a high level of accuracy with attention to detail
    • Highly motivated team player
    • Effective written and verbal communication skills
    • Have a solid understanding of computer systems and Microsoft applications
Req #: 160035912
Location: Chicago, IL US
Job Category: Credit
Employment Type: Full Time
Potential Referral Amount: US Dollar (USD)

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