Wholesale Credit Risk Management - Public Finance Associate | Plano, TX

Detailed Information

  • Location: Plano, TX

  • Company: Jpmorgan Chase Bank, N.A.

Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. The Wholesale Credit Risk Public Finance Team manages financial exposure to a client base consisting of state and local governments, airports, not-for-profit healthcare entities, institutions of higher education and non-profit entities.

In addition, this team also extends credit products and monitors exposure to entities that receive funding from sovereign nations. We are seeking an Associate for our Wholesale Credit Risk Public Finance Team. Our team is a highly talented group of credit officers who specialize in financial and debt instruments across several public

finance and not for profit verticals. As an Associate in the Wholesale Credit Risk organization, you will work directly on credit transactions. This includes analyzing financial statements, monitoring industry changes, preparing credit approval memos, joining discussions with senior credit officers and bankers, and setting up credit facilities in accordance with the Bank's policies.

You will also have the opportunity to build strong relationships and maintain open communication channels with colleagues across the firm, including Bankers, Operations, and Legal. Job Responsibilities Conduct diligence, document negotiation, approval, risk grading, and the on-going monitoring and management

of a diverse portfolio of taxable and tax-exempt credit structures, derivatives and securities trading relationships, intraday liquidity facilities, and other credit exposures Effectively manage a portfolio of clients within the various public finance verticals, to respond to their credit needs, and to provide sound judgement and effective monitoring through collaboration across all Risk and Business levels Work directly on credit transactions including being responsible for analyzing financial statements, and monitoring industry changes, in addition to preparing credit approval memos, joining discussions with senior credit officers and bankers, and setting up credit facilities in accordance with the Bank's policies Work directly on transactions including negotiations and legal documentation for bilateral and syndicated finance structures Research industry and financial market trends, running data queries and analyzing data Keep abreast of changing legislation, governmental actions and economic trends that impact various US Public Finance clients Participate in key projects across the department, and contribute to process and efficiency improvement initiatives of the Credit organization Required Qualifications, Capabilities and Skills Bachelor's degree Academic training in the principals of accounting, financial capital market products, public administration, and macroeconomics 3-5 years of quantitative experience (financial analysis, credit risk, economic research, etc.

) and an interest in the public sector and municipal finance Strong understanding of financial reporting coupled with prior experience with traditional credit products, credit agreements and other loan documentation Ability to think independently and critically with analytical curiosity, problem-solving and research skills Ability to work in a team environment, as well as independently, with a willingness to learn and support team initiatives Proficiency in Microsoft Office Suite, especially Excel, Power Point, and Word Preferred Qualifications, Capabilities and Skills Outstanding verbal and written communication, along with strong inter-personal skills Ability to effectively present analysis and interact with key stakeholders Deadline oriented with a close attention to detail and accuracy Ability to perform under pressure 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 and perspectives that 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, interactionual 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. (If you are a US or Canadian applicant with a disability and wish to request an accommodation to complete the application process, please contact us by calling the Accessibility Line (US and Canada Only) -xyz X and indicate the specifics of the assistance needed.

) We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans

View Jobs by Category >>

Related Jobs