Credit Monitoring Quality Control Associate
Join a team where your attention to detail and analytical skills drive impactful results for our clients and business. This role offers opportunities for career growth, skill development, and collaboration with talented professionals. You'll be part of a dynamic environment that values your contributions and supports your professional journey. Experience the benefits of working with a global leader committed to excellence and innovation.
Job Summary
As a Credit Monitoring Quality Control Associate I within the Wholesale Lending Services Team, you oversee the work of Credit Monitoring Analysts to ensure compliance results are accurately reviewed and recorded according to borrower credit agreement terms. You provide a secondary interpretation of financial and other covenants, confirming whether borrowers meet credit agreement terms or are in default. The role covers syndicated loans and bilateral agreements, offering insight into complex credit structures and compliance processes.
You work within the Credit Monitoring Center of Excellence, a high-volume, production-based operation supporting Commercial Banking's loan portfolio. The team is responsible for credit compliance monitoring, ensuring the integrity of our lending practices. This role provides exposure to a variety of secured lending products and the opportunity to develop expertise in credit risk assessment for real estate and corporate borrowers.
You will gain hands-on experience with complex credit agreements and contribute to maintaining high standards in credit compliance. The team collaborates closely with business partners and leadership to drive continuous improvement and uphold quality control. This position offers a pathway to develop specialized knowledge in commercial lending and risk management.
Job Responsibilities
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- Enforce quality control standards and service level agreements with internal business partners
- Review Credit Monitoring Analyst work to identify borrowers in breach of covenants or in default
- Provide clear explanations of identified issues for correction and resolution
- Interpret credit agreements and legal documents to ensure accurate system setup for covenant compliance
- Perform credit analysis, review documentation, and monitor ongoing compliance with financial covenants
- Independently calculate cash flow and leverage ratios per credit agreement terms
- Develop strong knowledge of secured lending products, including borrowing base credit facilities
- Monitor control and operational environments for changes impacting quality control
- Partner with leadership to enforce effective quality program practices
- Provide feedback to operations managers on quality performance and recommend corrective actions
- Recommend changes to improve services and systems
Required Qualifications, Capabilities, and Skills
- Three or more years of experience in banking or financial analysis
- Experience in credit monitoring, legal documentation review, financial covenants, credit analysis, and ratio calculations
- Ability to identify and summarize key points in written reviews of credit-related transactions
- Understanding of loan products, including documentation for revolving lines of credit, term loans, and borrowing bases
- Develop expertise in assessing credit risk for real estate developers, investors, and operating companies
- Strong verbal and written communication skills for effective stakeholder engagement
- Ability to work independently with minimal supervision and demonstrate good time management
- High proficiency in MS Office tools, including MS Excel
Preferred Qualifications, Capabilities, and Skills
- Bachelor's degree in Business or Accounting preferred
- Experience with syndicated loan structures and commercial banking operations
- Advanced analytical and problem-solving skills
- Knowledge of regulatory requirements related to credit compliance
- Experience in high-volume, production-based environments
- Ability to adapt to changing operational environments
- Strong collaboration skills with cross-functional teams
Required or Additional Information
- Visa sponsorship is not available for this position.
- Work schedules will be full-time in office, on a 40-hour per week schedule.
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.
Perks and Benefits
Health and Wellness
Parental Benefits
Work Flexibility
Office Life and Perks
Vacation and Time Off
Financial and Retirement
Professional Development
Diversity and Inclusion