JPMorgan Chase Bank, N.A. Hiring for Wholesale Credit Risk – Analyst at Mumbai, Maharashtra Full Time

JPMorgan Chase & Co., 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. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.

Job Description

J.P. Morgan’s Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust JPM with their business in more than 100 countries. We offer strategic advice, lend money, raise capital, help manage risk, extend liquidity, buy and sell securities and provide many other banking services in markets around the world.

Within the CIB, the Credit Risk department is responsible for managing a portfolio of investment grade and non-investment-grade client exposures generated by lending, derivatives trading, cash management and other activities with clients. The department leads the client credit relationship in partnership with CIB marketing teams from IB Coverage, Corporate Banking, Syndicated Leveraged Finance, Debt Capital Markets, Securitized Products, Sales & Trading and Wholesale Payments. The department ensures that all credit-related activities for the Bank’s clients are executed, approved, monitored and reported in a manner consistent with the Bank’s internal policies and guidelines. The Credit Risk department is organized by geographies. The Australia and New Zealand Credit Risk department works with a wide range of leading Australian and New Zealand based clients across sectors such as Energy, Natural Resources, Real Estate, Infrastructure, Aviation, Healthcare, Diversified Industrials, Technology, Telecommunications, Banks, and Insurance. Additionally, the Australia and New Zealand Credit Risk department has teams located in Sydney and Mumbai.

An opportunity has arisen in the Australia and New Zealand Credit Risk department for an Analyst based in Mumbai. The Analyst will be responsible for diligence, risk grading, and on-going monitoring and management of a complex portfolio of investment grade and non-investment grade corporate clients across diverse sectors. A successful candidate must possess the analytical skills needed to evaluate, assess, and document client creditworthiness and demonstrate strong interpersonal skills.

Responsibilities

Prepare forward looking credit approval materials on new transactions and as well as reviews of existing client exposures

Provide insights into the client’s business and industry and identify any associated risk factors

Prepare and maintain three way financial models on new transactions and existing portfolio of clients

Participate in client due diligence process or investor calls as necessary

Recommend well articulated credit ratings backed by thorough analysis and in line with the firm’s credit risk policies and guidelines

Maintain awareness of developments in the portfolio under coverage and share relevant updates and credit implications with the senior credit officers

Take full ownership of the portfolio under coverage and process new transactions and annual reviews in JPM’s credit systems in a timely manner by coordinating with middle office and other stakeholders

Ensure risk ratings are accurate and reflect a current forward-looking view of the client

Provide early identification and proactive management of deteriorating credits under coverage

Prepare and review various credit and regulatory reporting requirements

Participate or lead adhoc risk projects or reporting requests as necessary

Experience/ Qualifications/ Knowledge :
A minimum of 2 years experience gained in Institutional Banking, Investment Banking or in a credit role at a Rating Agency

Strong analytical and financial modelling skills with ability to create three way financial models from bottom-up

Strong interpersonal skills and a sense of ownership with an ability to remain motivated while working in a team environment or independently on tasks

Strong attention to detail and ability to grasp concepts quickly with a keen interest in corporate finance and accounting concepts

Strong written and verbal communication skills

Ability to multitask and operate under a dynamic and inclusive work environment

High level of proficiency in MS Excel, PowerPoint and Word

Undergraduate or a Post Graduate degree in accounting, business or a quantitative related discipline.

JPMorgan Chase & Co., 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 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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.