Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance,you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers, and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo, and striving to be best-in-class.

Job summary

As an Asset Wealth Management - Custom Credit Underwriting, Senior Associate in the Wealth Management Custom Underwriting team, you'll be part of the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers, and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo, and striving to be best-in-class.

Job responsibilities

• Evaluate Wealth Management consumer and business purpose credit requests utilizing applicable Credit Risk Policies and Guidelines.

• Analyze individual and business/entity financial statements, public information sources, individual credit reports, and other relevant information to calculate cash flow and balance sheet ratios. You will utilize these ratios and evaluate other qualitative factors to determine a client's risk of default following J.P. Morgan Wholesale Risk Grading Methodology to comply with Basel III standards for regulatory risk grading requirements.

• Analyze the collateral and/or loan covenants/ events of default to determine the potential loss in a default situation.

• Identify and clearly articulate risks and mitigating factors that could impact the client's ability to repay the loan. You will recommend a course of action with clear and concise rationale.

• Articulate geo-political risks and jurisdictional issues that impact our domestic and cross-border clients.

• Engage in regular dialogue with Front Office to obtain required information critical to making a loan decision. You will negotiate loan structure and terms when necessary and will provide alternative solutions when appropriate.

• Escalate credit issues to Credit Executive and provide solution(s) and/or next steps for resolution.

• Take responsibility for portfolio management and appropriate escalation for your respective markets to ensure credit risk is maintained.

• Work with Risk Support and Closing partners to ensure a seamless and timely delivery of credit to the client, while maintaining a strict regulatory and control environment.

• Mentor less experienced Credit Associates and Support Partners, as well as other WM staff.

• Provide feedback on and recommend enhancements to existing processes and procedures to enhance controls and efficiency.

Required qualifications, skills and capabilities

• Bachelor's degree in Finance, Accounting, Economics, or Business Management

• 3+ year's consumer and commercial bank lending experience.

• Completion of a major bank credit-training program

• Possess strong computer skills including Microsoft Office.

• Knowledge of JPMC software applications and a broad knowledge of bank products and services.

• Ability to work with individuals at all levels in the organization and contribute to the strategic direction of the firm and the team.

• Strong analytical and organizational skills.

Preferred qualifications, skills, and capabilities

• STEM related degree

• Completion of a major bank credit-training program

• Fluent in Spanish, Portuguese, Mandarin or other languages frequently used by our Global clients

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans