DESCRIPTION:
Duties: Analyze financial data, financial statements, financial projections and historical loan collateral data and trends to determine the risks involved of extending credit to corporations and specialty purpose corporations. Calculate various financial ratios and other key performance indicators to assist in the evaluation of extending new credit and debt maturity extensions of existing credit facilities. Make comparisons and analysis of key financial ratios and collateral performance trends with similar companies in the same industry or asset class. Perform qualitative risk assessment through detailed due diligence meetings with clients to assess quality of management, client credit underwriting and client collection procedures and controls. Collaborate with other investment bankers to determine viability of requested loans to new companies and/or special purpose corporations and determine appropriate structure and lending terms. Prepare detailed reports highlighting the risks involved and creditworthiness in extending credit to corporations. Recommend credit decisions to required approvers based on the detailed credit report. Collaborate with other professionals involved in the extension of credit which could include lawyers, rating agencies, 3rd party financial auditors. Develop and validate models used to assess the level of protection provided by the cash flow generated from the collateral related to the extension of credit. Review legal documents to ensure that documents mirror the credit approved terms and conditions. Manage the credit approval process. Train and mentor junior team members.
Want more jobs like this?
Get jobs in Plano, TX delivered to your inbox every week.
QUALIFICATIONS:
Minimum education and experience required: Master's degree in Finance, Accounting, Risk Management or related field of study plus 1 years of experience in the job offered as a Credit Risk Analyst, Ancillary Revenue Analyst, Revenue Management Analyst, or related occupation. The employer will alternatively accept a Bachelor's degree in Finance, Accounting, Risk Management or related field of study plus 3 years of experience in the job offered or as a Credit Risk Analyst, Ancillary Revenue Analyst, Revenue Management Analyst, or related occupation.
Skills Required: Requires experience in the following: Underwriting the credit risk of loans made on a non-recourse basis to specialty purpose corporations; Underwriting the credit risk of recourse loans made to finance companies which include auto lenders, mortgage lenders, REITs, credit card originators and merchant lenders; Calculating and interpreting financial ratios to determine the creditworthiness and probability of default of corporations; Analyzing and interpreting collateral trends and collateral performance data; Creating cash flow models to determine loss coverage, financing break-evens and ability to repay both recourse and non-recourse loans; Writing detailed reports which summarize collateral trends, financial ratios and creditworthiness of corporations to which credit is extended.
Job Location: 8181 Communications Pkwy, Plano, TX 75024. Up to 10% domestic and 10% international travel required to client sites. Telecommuting permitted up to 40% of the week.
ABOUT US
JPMorganChase, 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 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.
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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAM
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.