Credit Risk Officer - Associate
Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.
As a Latin America Credit Officer Associate in Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
Job Responsibilities
- Be responsible for credit risk management on the LATAM Credit portfolio, with primary accountability of managing portfolio risks within acceptable quality and loss tolerances.
- Structure Custom Credit facilities include full suite of PB products. Approve credit risk exposure relating to the client base within authorized limits.
- Assignment of risk ratings, Loss Given Default (LGDs), and other risk metrics across the portfolio and understand Global Wealth Management Credit Risk appetite on wholesale loans, mortgages, OTC (Over the Counter) products and others.
- Identify and monitor concentrations, trends and themes in the portfolio, and direct the preparation of Portfolio Reviews and ensure that Risk exceptions in the portfolio are appropriately managed and escalated as required. Engage with Credit Middle Office as needed.
- Partner with the Business to build a culture of Risk discipline across the organization and work closely with the Underwriter team and build an integrated approach to making credit decisions that incorporates underwriter input.
- Work with / provide credible challenge to Lending Solutions on new products, new initiatives. Work with the Credit Middle Office to continuously upgrade and improve Risk Reporting MIS (Management Information System) for portfolio management. Maintain satisfactory Audits across the credit portfolio. Ongoing approval of new transactions / portfolio reviews / risk discussions.
- Challenge the status quo. Continuously strive to find better, more efficient ways to manage credit risk and business flow, including underwriting.
- Use technology to strengthen Risk Management practices and products. Find gaps in Risk Policies / Underwriting guidelines and work with Risk Policy team.
Required qualifications, capabilities, and skills
- Advanced knowledge in private banking sector including lending, portfolio analysis and loan documentation
- Bachelor’s degree
- 5+ years of professional experience related to financial services, risk management, compliance or legal and strong Microsoft PowerPoint and Excel skills
- Strong, clear, and concise written and verbal communication with ability to edit and prepare executive level communications.
- Excellent organizational and project management skills; able to manage competing priorities under tight deadlines
- Proven ability to collaborate and build strong partnerships and possess Intellectual curiosity with a proven ability to learn quickly
- High degree of initiative, self-direction, and ability to work well under pressure
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