J.P. Morgan Asset & Wealth Management delivers industry-leading investment management solutions. Our Wealth Management division helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals. Our Wealth Management teams develop deep, personal relationships with clients to provide goals-based financial planning advice and to deliver sophisticated products and solutions to meet their generational wealth management needs. Using the latest technology and the resources of the entire firm, Wealth Management directly serves clients through the J.P. Morgan Private Bank globally and J.P. Morgan Securities in the US.
Credit reviews for an assigned portfolio of Global Wealth Management credit clients. This will require the proper use and application of the Financial Spreading Tool, (FST) to analyze borrower disclosures to determine probability of default/ obligor grades and understand the various types of collateral and associated risks to determine facility grades.
Perform Collateral analysis and recommend Loss Given Defaults (LGDs) using the appropriate systems.
Partner with Credit Executives for portfolio reviews, risk exceptions and approval of annual credit reviews
Partner with Lines of Business to keep credit portfolio current on key risk metrics and facilitate new transactions on the assigned portfolio of clients.
Document covenants and special monitoring requirements
Monitor exception reports (Unlinked, Ungraded, Overlimits, Overdrafts, Past Dues, etc.)
Applicants must hold Degree or equivalent
3 plus years experience with bank loan, mortgage, loan, credit and derivative products
Experience with banking concepts including, but not limited to: investment real estate loans, concentrated collateral loans, aircraft lending, commercial real estate and bridge loans
Knowledge of legal documentation, policy, and loan/credit operations a plus
Experience within legal, credit administration, operations, or support group within the Financial Services
High level of analytical skills, including financial analysis
Self-motivated, team player, hard working
Excellent communicator with strong interpersonal and presentation skills
Ability to be flexible, follow tight deadlines, organize and prioritize work
Proactive: Takes ownership of developing skill set
Quick learner: Proven ability to quickly learn the business & adapt to changing business priorities
Ability to be a dynamic member of a team
Good judgment and discretion working with highly confidential information
We're a global company whose primary business language is English and so fluency in English is required