Wholesale Credit Risk - Natural Resources – Associate

JP Morgan

Location: Greater London

Job Type: Full time


We are looking for an Associate to join the Natural Resources team within Wholesale Credit Risk EMEA covering clients for the Corporate & Investment Bank and Commercial Bank.

You will cover clients across a broad range of industries including Oil & Gas, Metals and Mining, Chemicals, Pulp Paper & Packaging, Building Materials, Utilities and Commodity Trading.

You will work closely with business partners across the region including Debt Capital Markets, Acquisition and Leveraged Finance, M&A, Corporate Bank, Markets (including the Global Commodities Group) , Treasury Services and Trade Finance.

You will be focused on performing credit analysis on Investment Grade and Non-Investment Grade clients as well as structuring and documenting a wide variety of credit products. The role will benefit from flexible work arrangements, including work-from-home and office rotations.

Job Responsibilities

  • Takes responsibility for the pro-active management of credit exposure to a portfolio of client and industry sectors.
  • Anticipates emerging risks and work with peers across the bank to understand and mitigate the impact to JPM
  • Leads in-depth due diligence processes with clients (both new and prospective) and coordinate and produce concise and insightful credit memos with clear recommendations.
  • Builds financial models, challenge industry teams on modelling assumptions, devise appropriate downside scenarios and be able to clearly articulate key modelling conclusions.
  • Develops close working relationships at senior levels with a variety of areas within the Corporate & Investment Bank and CCBSI, including Coverage/GCB/CB, product specialists (DCM, LF, Trade, TSS), Markets (Derivative Sales), Capital Markets and M&A.
  • Negotiates legal documentation (IG/LF LMA, ISDA & CSA) and help to structure transactions to mitigate risk to JPM
  • Understands of J.P. Morgan’s Risk management policies and related interactions with various stakeholders (including Regulators and Auditors).

Required qualifications, capabilities and skills

  • Must demonstrate first rate analytical and credit skills/judgment, with an intensive 'hands on' approach to digging into the details of credit and structure.
  • First rate project management skills and demonstrable end to end ownership of work/projects.
  • Be able to establish credibility and trust with clients, internal business partners, product specialists and credit officers, and to partner with them effectively.
  • Proven coaching and development ability towards more junior colleagues.
  • Excellent communication skills (both written and verbal).
  • Self-starting, result-driven, multi-tasking, risk-reward mindset and adaptable to change given the dynamic nature and timing of workflow.
  • Significant experience in roles with relevant skills for this position.

Preferred qualifications, capabilities and skills

  • Previous experience of reviewing and commenting on loan documentation/core corporate derivative documentation is recommended.
You’ve got this!