We are looking for an Associate to join the Diversified Industries team within Wholesale Credit Risk EMEA covering clients for the Commercial & Investment Bank.
The team covers clients across a broad range of industries including Automotive, Capital Goods, Aerospace & Defence, Business Services, Airlines and Transportation sectors.
As a Wholesale Credit Risk Associate in Diversified Industries team, You will work closely with business partners across the region including Debt Capital Markets, Acquisition and Leveraged Finance, M&A, Corporate Bank, Markets/Derivatives, Treasury Services and Trade Finance.
You will be focused on performing credit analysis on Investment Grade and Non-Investment Grade / Leveraged 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
- Leads in-depth due diligence processes with clients (both new and prospective) and coordinates and produces concise and insightful credit memos with clear recommendations
- Builds financial models, challenges industry teams on modelling assumptions, devises appropriate downside scenarios and is able to clearly articulate key modelling conclusions
- Anticipates emerging risks and works with peers across the bank to understand and mitigate the impact to JPM
- 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 helps to structure transactions to mitigate risk to JPM
- Understands 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