Job Description
Wealth Management (GWM) provides advice, strategies and solutions for all aspects of the financial, asset management and wealth transfer needs of high net worth and ultra-high net worth clients. GWM is dedicated to delivering an outstanding client experience by providing unbiased advice and individual solutions.
Responsibilities:
Individual will be expected to take a leading role on the due diligence, structuring, preparing credit packages (with business partners), term sheets and loan documentation for our top client transactions and will likely continue with an active post deal monitoring role.
• Manage the end to end client credit relationship for our Top Clients. This would involve being the lead underwriter for annual reviews/renewals to these Top Clients with responsibility for both new and existing transactions.
• Partner with Lending Advisory to ensure proper communication for delivery of future financials and prepare for upcoming reviews
• Help Regional Credit Officers and local senior risk management prepare various ad hoc executive materials for selected stakeholders including leading and organizing credit and portfolio reviews.
• Partner with Mumbai Underwriting team on Credit Due Diligence, Financial and Collateral Analysis
• Ensure the transaction adheres to all appropriate lending regulations and credit policies.
• Communicate, and when appropriate negotiate, with the Banker/Lending Advisor regarding credit decisions and credit issues with their clients and suggest alternatives for problem resolution if needed.
• Responsible for portfolio management and appropriate escalation for their respective markets to ensure credit risk is maintained. This will involve coordinating covenant compliance/exceptions and report to management, run regular meetings to review past dues, and participate in market calls to help resolve issues, for the respective markets.
• Drive the Credit Risk project agenda, while acting as subject matter expert on projects with risk involvement
• Recommend and implement new methods and procedures to make the unit more efficient
• Research industry, regulatory and product related events as required
Qualifications:
The candidate should be an excellent communicator, detail-oriented, organized, possess strong analytic skills and have problem solving capabilities. Individual must be able to work in a high production environment while meeting or exceeding agreed upon targets for volume, timing and quality.
• Requires a bachelor's degree in economics, accounting, finance or business management
• Minimum 3-5 years of relevant Credit Underwriting experience
• Strong analytical and credit skills. Familiarity with term sheets and loan documentation with ability to take an active role in identifying key issues / concerns around structure and credit
• Strong interpersonal skills, with the ability to work with and influence others
• Strong decision making capabilities and the ability to identify problems and propose solutions
• Highly organized, motivated and hard working with strong communication skills, both written and verbal. Ability to work under tight timelines and multi-task
• Fluency in English required
JPMorgan Chase & Co., 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, ****** orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs
Responsibilities:
Individual will be expected to take a leading role on the due diligence, structuring, preparing credit packages (with business partners), term sheets and loan documentation for our top client transactions and will likely continue with an active post deal monitoring role.
• Manage the end to end client credit relationship for our Top Clients. This would involve being the lead underwriter for annual reviews/renewals to these Top Clients with responsibility for both new and existing transactions.
• Partner with Lending Advisory to ensure proper communication for delivery of future financials and prepare for upcoming reviews
• Help Regional Credit Officers and local senior risk management prepare various ad hoc executive materials for selected stakeholders including leading and organizing credit and portfolio reviews.
• Partner with Mumbai Underwriting team on Credit Due Diligence, Financial and Collateral Analysis
• Ensure the transaction adheres to all appropriate lending regulations and credit policies.
• Communicate, and when appropriate negotiate, with the Banker/Lending Advisor regarding credit decisions and credit issues with their clients and suggest alternatives for problem resolution if needed.
• Responsible for portfolio management and appropriate escalation for their respective markets to ensure credit risk is maintained. This will involve coordinating covenant compliance/exceptions and report to management, run regular meetings to review past dues, and participate in market calls to help resolve issues, for the respective markets.
• Drive the Credit Risk project agenda, while acting as subject matter expert on projects with risk involvement
• Recommend and implement new methods and procedures to make the unit more efficient
• Research industry, regulatory and product related events as required
Qualifications:
The candidate should be an excellent communicator, detail-oriented, organized, possess strong analytic skills and have problem solving capabilities. Individual must be able to work in a high production environment while meeting or exceeding agreed upon targets for volume, timing and quality.
• Requires a bachelor's degree in economics, accounting, finance or business management
• Minimum 3-5 years of relevant Credit Underwriting experience
• Strong analytical and credit skills. Familiarity with term sheets and loan documentation with ability to take an active role in identifying key issues / concerns around structure and credit
• Strong interpersonal skills, with the ability to work with and influence others
• Strong decision making capabilities and the ability to identify problems and propose solutions
• Highly organized, motivated and hard working with strong communication skills, both written and verbal. Ability to work under tight timelines and multi-task
• Fluency in English required
JPMorgan Chase & Co., 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, ****** orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs
💡 Quick Summary
Seeking a career-building opportunity? The Wm Credit Risk| Associate position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai, offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
