J.P. Morgan Asset & Wealth Management, with client assets of $2.4 trillion, is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.
The Securities Based Lending Team (SBL) is Wealth Managements centre of excellence for underwriting loans that are fully secured by marketable securities. The role involves analysing, negotiating, pricing and documenting lines of credit, including standby letters of credit. The team will also review other transactions that have an element of credit risk (including derivatives).
Interact with internal partners (Bankers, Investors, Lending Solutions, Credit Executives) and private clients to deliver the best fully secured credit product solution with a sound credit structure.
Maintain a consistently high level of awareness around any potential credit issues. Proactively resolve exceptions, including under margin situations, past review facilities, past due principal/interest and documentation exceptions.
Take into account the risk/reward proposition when negotiating loan rates and must employ a discipline around loan pricing and structure.
Prepare credit memos which should completely outline the proposed credit structure including accurate risk rating assessment and any potential collateral issues (e.g. security concentrations).
Ensure follow up on all relevant open items and transactional issues, e.g. documentation, covenants, etc.
Ensure all new credit requests and annual reviews are completed in a timely fashion.
JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package.
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The firm invites all interested and qualified candidates to apply for employment opportunities.
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