Risk Management - Legal Entity Credit Risk - Associate

Job Description
Bring your expertise to JPMorganChase. 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.
As an Associate on the Wholesale Credit Risk Legal Entity (WCR LE) team, you will support coverage leads in executing the team's three core mandates: Portfolio Management, Implementation of Strategic Frameworks, and Regulatory and Audit Engagement. This role involves a broad range of responsibilities related to the Firm's legal entities, which operate in various jurisdictions and regions.
Job responsibilities

• Conduct periodic and ad hoc credit exposure variance analyses for legal entities, preparing initial commentary and analytical results that incorporate the portfolio's business booking strategy, current events, and real-time market trends. Present these findings to location coverage leads for review and subsequent presentation to senior management and local governing bodies.
• Lead portfolio-related governance deliverables by coordinating with regional WCR LE teams to provide and review LE-specific metrics. Key governance activities may include the JPM Affiliates Framework, the semiannual Legal Entity Credit Tiering exercise, the annual Booking Office Country Approval reaffirmation, and other related initiatives.
• Serve as the primary lead for limit management of JPM Affiliates facilities, including performing limit breach investigations, proposing affiliate limit adjustments, and overseeing exposures in collaboration with regional coverage leads as needed.
• Provide implementation of Strategic Frameworks centers on collaborating with stakeholders to develop, implement, and maintain consistent credit risk frameworks and processes for LEs.
• Conduct Regulatory and Audit Engagement mandate which involves the review and adherence to local regulatory requirements, partnering with Credit Risk and functional teams to address regulatory and audit exams and inquiries, and collaborating with central Firmwide risk teams to promote consistent and compliant practices across LEs.
• Work closely with various Risk Management and functional teams, including Credit Officers, Legal Entity Risk Managers, Finance, Policy, Counterparty Credit Risk, Risk Reporting, etc.
• Participate in projects that span across various categories.

Required qualifications, capabilities and skills

• Strong analytical mindset with the ability to interpret large datasets, identify trends, and clearly articulate key insights.
• Excellent communicator, comfortable engaging with colleagues throughout the Risk organization and other functional areas.
• Attention to detail and ability to deliver on time-sensitive deliverables in stressful situations.
• Control-oriented with excellent partnership and collaboration skills.
• Minimum 4 years experience in Credit Risk or translatable risk disciplines.

Preferred qualifications, capabilities and skills

• Bachelor's degree. Advanced degrees (CFA/MBA) a plus.

About Us
JPMorganChase, 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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.