Corporate Risk - CRMO (Credit Risk Middle Office)

Job Description

The ReEntry Program is a 15-week fellowship program, beginning March 20, 2023 and ending June 30, 2023, with the prospect of an offer for permanent employment with JP Morgan Chase at the end of the program. The program offers a reintroduction to corporate life for those returning to the workplace after an extended career break for two or more years. The fellowship placements will be based on both business needs and candidate skill set and interest areas within our Corporate Investment Banking, Asset Wealth Management & Commercial Banking Operations business.Please refer to our ReEntry Overview page for further information regarding the ProgramJPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the worlds most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at http://www.jpmorganchase.com/As part of Risk Management and Compliance, 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.Credit Risk Middle Office Associate provides support for Credit Risk Management which includes functions such as overlimits, Rules Based Fund processing, credit facility amendments, onboarding, credit reference data maintenance and offboarding.This role provides an excellent opportunity to work with senior credit risk and operations management to lead change agenda. This role will help develop knowledge of credit processes, various Investment products traded in the market, core operational and control skillsets. A successful candidate will build solid relationships, business strategy skills, and credit risk infrastructure knowledge. This role will also provide an opportunity to build knowledge on Intelligent Solutions tools and the Diversity, Equity and Inclusion agendaPeople management (if required)- Develop junior team members through day-to-day managerial responsibilities (e.g., people development, pipeline/skills monitoring, training programs).
• Communication/presentation - influence stakeholders in a meaningful and actionable manner.
• Operations management provide operational support for Credit Risk Management by performing various functions including line facilitation/maintenance, client data management, limit breach monitoring & investigation, and NAV gathering.
• Control Mindset build knowledge of processes to develop and maintain a strong control environment, including the ability to analyze problems and find solutions.
• Metrics management- review key metrics to measure risks, controls, workflow capacity and system issues.
• Decision Making/Judgement - moderate level of independent decision-making using sound judgement.
• Change Management partner with CRMO leads and stakeholders to help define business case for changes that would improve processes/reporting and see them through to implementation.
• Problem solving / Analytical skills - solid critical thinking, attention to detail and analytical skills; able to synthesize large amounts of data and formulate appropriate conclusions.
• Understanding root cause / identifying control breaks raising issues timely to management and assist in providing sustainable solutions.
• Diversity, Equity & Inclusion participate in initiatives to promote diverse culture of respect, equity and inclusion.
Minimum Skills, Experience and Qualifications
• Bachelor s degree preferred but not required.
• 3+ years experience in financial services, operations or related field.
• Previous experience in Operational or Risk Management, Compliance, Internal/External Audit or other control function desired.
• Experience in using metrics and KPI s to measure core functions with the ability to track and report emerging trends and performance results with management.
• Basic knowledge of businesses/products offered by major financial institutions and risk disciplines.
• Ability to identify problems and develop solutions.
• Effective verbal and written communications skills.
• Self-starter who can work effectively in a multi-tasking role.
Additional Skills, Experience and QualificationsThe following additional items will be considered but are not required for this role.
• Leader who is able to develop and bring together high performing teams in an effort to meet business needs through training, influencing and coaching. People and performance management is a plus.
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint). Experience with automated solutions such as Alteryx, Python and UI Path a plus.
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Keyskills :
reference datarisk managementwork effectivelydata managementmicrosoft officecritical thinkinginvestment banking