Business Banking Special Credit Risk Analyst

About J.P. Morgan

J.P. Morgan serves four main client segments: corporations and institutions, governments, high-net-worth individuals, and retail clients. It offers clients a wide range of products and services, including investment banking, treasury services, asset management, and commercial banking. 

Your role

Responsibilities:

• Review existing collateral and loan documentation for assigned loans to identify errors, omissions, or other deficiencies, and remediate as needed and to the extent possible.
• Obtain current financial information and collateral valuation(s) by procedures and evaluate the client's financial strength/capacity and collateral to repay outstanding debt.
• Assess client and facility risk ratings by procedures.
• Monitor progress by approved strategy, and timely document systems to reflect status.
• Document all contacts, agreements, and discussions that transpire with the client, outside vendors, and attorneys.
• Timely submission of loans to the Small Business Administration (SBA) for repurchase when the defaulted credit facility is enhanced with an SBA guarantee.
• Appropriate corrective action to be recommended to mitigate risk. Fully comply with all systems, procedures, and credit policies in carrying out the job efficiently and professionally. Always meet defined SLAs.
• Responsible for end-to-end credit function including Pre-Underwriting, Underwriting, and Booking of loans.

Training, development & rotations

J.P. Morgan has the opportunity to develop your career through a broad scope of engagements, mentoring, and formal learning. That’s how J.P. Morgan develops outstanding leaders who team to deliver the promises to all the stakeholders, and in so doing, play a critical role in building a better working world for the people, the clients, and the communities. Sound interesting? Well, this is just the beginning. Because whenever you join, however long you stay, the exceptional J.P. Morgan experience lasts a lifetime.

Salary & Benefits

The annual salary for this role can range from INR 2.4 to 5.3 LPA (Source: Ambition box). Below are the employee benefits at J.P. Morgan:

• Health care and insurance etc.
• Employee Program
• Wellness Program
• Retirement Savings Plan
• Family Care

To learn more about their benefits click here

Career progression

The Credit Risk Analyst will be exposed to credit and risk management activities and various corporate and investment banking products. Throughout your experience, you will hone your corporate finance and credit underwriting skills to build your career in the financial services industry.

Work-life balance

J.P. Morgan is the place where you can work with individual customers, small businesses, corporations, financial institutions, non-profits, and governments. The scale of their business provides you with amazing career opportunities. Discover your potential and your professional possibilities. Work days are usually from Monday to Friday (Flexible Timings).

Culture & vibe

J.P. Morgan is a great place to work for someone who wants to be challenged, have the opportunity to grow, and work with some of the most brilliant people in the industry. They are dedicated to creating a workplace where everyone feels welcome. Here, you will join inclusive teams that give voice to diverse perspectives, act fairly, and care about helping each other.

About you

To be an attractive candidate, you should know the below competencies:

Qualifications:

• 0-2 years of experience as a credit underwriter or similar position requiring business knowledge and credit judgment. Knowledge of commercial collections and problem credit management experience.
• Postgraduate or an advanced degree in business management, finance, or accounting.
• Working knowledge of financial statement analysis, standard accounting practices, accounts receivable/borrowing base analysis, and collateral perfection
• Understanding of commercial real estate and accounts receivable / inventory lending.
• Functional and technical skills: Negotiation and influencing skills, written and verbal communication, decision quality, conflict management, interpersonal, and analytic / problem-solving skills.
• Knowledge of credit philosophy, policies & procedures, loan documentation, SBA, collections litigation, federal bankruptcy laws, and state collection laws.

How to apply

To apply for this role, just click on the Apply button, which navigates to the career section where the application can be submitted easily.