DESCRIPTION:
Duties: Monitor a portfolio of clients within the Public Finance industry and US government, focusing on both primary and operating exposure originating from the Investment Bank and Commercial Bank lending and trading desks, and Treasury and Securities Services (T&SS). Prepare and review written credit approval documents, including financial analysis, financial modeling, application of internal policies related to risk grading, and collateral and support. Navigate JP Morgan's internal credit systems for line of credit setup and for financial spreading. Develop and recommend a credit view by conducting credit analysis and seeking approval from senior management for all transactions, including loans, derivatives, and operating exposures. Work on transactions including negotiation of credit terms and legal documentation for bilateral and syndicated finance structures. Keep abreast of changing legislation, governmental actions and economic trends that impact various US Public Finance clients. Apply new technologies to credit risk analysis. Train, mentor, and develop Analysts and other junior members of the team.
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QUALIFICATIONS:
Minimum education and experience required: Master's degree in Finance, Accounting, Economics, Public Administration, or related field of study plus 3 years of experience in the job offered or as Credit Risk Analyst, Financial Control Analyst, or related occupation. The employer will alternatively accept a Bachelor's degree in Finance, Accounting, Economics, Public Administration, or related field of study plus 5 years of experience in the job offered or as Credit Risk Analyst, Financial Control Analyst, or related occupation.
Skills Required: This position requires 3 years of experience with the following: Credit risk management in diverse industries including medium and large corporates and financial institutions; Developing credit views, conducting loss-given-default analysis, and managing credit exposure during financial stress environments; Structuring of bilateral loans, syndicated finance structures, and derivatives including understanding of legal agreements, credit terms and common collateral and security packages; and global economy, geopolitical situations, and economic regulations including analysis of crisis events, change in interest rates, impact of inflationary periods and changes in federal spending patterns and rules. This position requires 2 years of experience with the following: Finance and accounting control including GAAP and IFRS; Performing balance sheet, P&L analysis and reconciliations to ensure the compliance with local regulations. This position requires any amount of experience with the following: Performing historical financial analysis, conducting industry and economic research, and performing peer comparisons; Preparing credit approval memos for financial transactions including acquisition finance and debt restructuring, and translating quantitative information into actionable insights; Utilizing portfolio management tools including exposure management and financial spreading (CapitalIQ, and Bloomberg) for credit risk management and financial data analysis; Reviewing and ensuring legal documentation aligns with credit approval requests including Credit and ISDA agreements; Performing credit risk analysis in environments characterized by inflation, volatile interest rates, and foreign exchange fluctuations; Designing and developing interactive Excel reports including macros, data analysis add-ons, and financial formulas; Utilizing Microsoft Office Suite to build financial models and create presentations and portfolio reports; and providing structured training and mentoring to junior analysts and interns, conducting regular Q&A sessions, and delivering industry-specific training to enhance team capabilities.
Job Location: 8181 Communications Pkwy., Plano, TX 75024
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.