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Corporate Risk - Credit Risk Middle Office Analyst - Newark, DE

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.


The Credit Risk Middle Office (CRMO) supports the credit approval and decision making processes for Credit Risk Management.  CRMO is actively involved in the analysis of credit data and risk metrics.  And identifying trends and issues which may impact the bank’s ability to manage credit risk globally.

 

The purpose of the Credit Risk Middle Office is to establish and maintain a common approach to controls and operational workflows across the risk management infrastructure in support of the Corporate & Investment Bank.  The Credit Risk Middle Office provides operational support for Credit Risk Management which includes the following functions:  rules based funds processing, annual reviews, NAV gathering and exceptions monitoring.  Annual review support and client reference data maintenance are performed for asset managers, hedge funds, financial institutions, governments and corporate clients.  Additionally the group performs facility management for those entities by creating, amending and cancelling credit facilities.  As well as generating various credit reports on a periodic basis.  

 
A team member in the Credit Risk Middle Office is expected to deliver on the specific tasks and requirements:
  • Liaise with CRMO onshore groups in EMEA/NA/Asia regions
  • Achieving the daily/weekly and monthly volume targets
  • Ensuring accuracy on performing BAU related activities / tasks and non disclosure of client information by preserving client confidentiality
  • Researching on any queries/ requests sent by the Business Partners/Counterparts and replying to the same within minimum response time
  • Establishing and maintaining excellent relationships with the Business partners/Clients as well as the people in the support groups
  • Active participation in process improvements and automation/enhancements to current activities / tasks
  • Ensure Quality Control standards that have been set for all processes that are carried out in the team
  • Manage the workflow of tasks / activities, queries, issues and requests made to the respective team (using a call-tracking database, etc)
  • Produce monthly metrics on these requests
  • Participate in UAT (user acceptance testing)  on enhancements and changes to CRMO systems; including analyzing the impact of enhancements on CRMO reporting
  • Maintain essential business, client and corporate data in CRMO systems to facilitate accurate reporting
  • Other duties as assigned

  • Bachelors degree in Finance / Business
  • Minimum of 3-24 months of work experience, preferably in financial services industry
  • Basic knowledge of investment banking products will be an added advantage
  • Working experience on MS package (Word, Excel, PowerPoint and outlook)
  • Good organizational skills with ability to consolidate and analyze data received from multiple reports
  • Advanced Excel skills (i.e. pivots, Vlookups, charts, macros, etc.) and MS PowerPoint preferred
  • Strong communication skills
  • Excellent inter-personal skills
  • Able to work accurately and effectively under pressure
  • Effective time management skills
  • Positive “can do” approach
  • Good analytical skills and an eye for detail
  • Excellent Client focus and Customer care working practices
  • Controls Focused
  • Good team player with flexible attitude towards working hours due to the demands of the working place
  • Accurate and self motivated with good problem solving skills and project management skills
  • Good intellectual capacity for process improvements
  • Good market product knowledge
Req #: 160022794
Location: Newark, DE US
Job Category: Accounting/Finance/Audit/Risk
Employment Type: Full Time
Potential Referral Amount: 0 US Dollar (USD)

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