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 Wealth Management Credit Risk Due Diligence - Associate within the Risk Management and Compliance team, 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. In this role you are part of the Credit Risk Custom Underwriting team, a center of excellence designed to handle custom credit solutions for high net worth team members. As a member of the team, you will work in conjunction with Lending Specialists and Credit Executives to provide credit solutions within a diverse portfolio of products and collateral types.
Want more jobs like this?
Get jobs in Mumbai, India delivered to your inbox every week.
Job responsibilities
- Identifiy risk for Custom Credit Underwriting practices within Wealth Management Risk.
- Review Quality to validate the effectiveness of grading and risk analysis as well as adherence to policies, procedures and regulations, where applicable.
- Analyze transactions and identifying risks/gaps including determining differences and/or inconsistencies, across various products and global regions.
Required qualifications, capabilities and skills
- Bachelors' degree and previous consumer and commercial lending experience
- Experience in loan review/audit, wholesale credit approval and/or credit delivery
- At least 5 years' experience in Auditing, Accounting, Internal Control and/or Credit Underwriting with focus on Wholesale Credit Risk
- Knowledge of financial principles and procedures; strong background in the Financial Services Industry
- Working understanding of credit risks and related controls
- Ability to follow complex methods and procedures in diverse tasks
- Experience with Credit Risk infrastructure tools and applications (iCRD, Loan IQ, Connect, etc)
- Working knowledge of Microsoft Office applications
- Highest level of professionalism, ability to deal with highly confidential information in a professional manner
- Strong time management, problem solving, written and oral communication skills
- Ability to work well individually and in teams, share information and support colleagues
Preferred qualifications, capabilities, and skills
- Knowledge and understanding of the private client business is preferred.
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 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.
ABOUT THE TEAM
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.