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CIB - Credit Risk EMEA – Market Infrastructure & Broker Dealer Risk – Associate

Req #: 170113439
Location: London, ENG, UK
Job Category: Credit
Potential Referral Amount: 3500 Pound Sterling (GBP)
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.3 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset and wealth management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its JPMorgan and Chase brands. Information about the firm is available at www.jpmorganchase.com
 
Overview
Associate role in the Market Infrastructure Risk and Broker Dealer Risk team within CIB Credit Risk EMEA. The role will cover a wide range of clients, including Clearinghouses, Exchanges, Depositories, Payment Systems and Brokers, Prop Traders and Fin Tech companies within across all regions in EMEA.
 
Credit Risk EMEA, London is broadly split into Financial Institutions Group, Corporate, and Emerging Markets. FIG covers the full range of financial institutions: banks, market infrastructure, broker-dealers, funds, insurers, sovereigns and SPVs, while other industry sectors are looked after by Corporate.
 
Job Summary and Responsibilities
A Credit Risk Associate’s primary responsibilities in the MIR Team are: 
  • Manage a portfolio of Market Infrastructure and Broker Dealer clients being the primary contact for and taking ownership of all aspects of that credit relationship
  • Organizing and leading client due diligence meetings and actively contributing to transactions structuring/execution and negotiation of documentation
  • Managing end to end the onboarding of prospective clients and new deals with existing names
  • Maintaining an open dialogue with client coverage bankers, GCB and trading desks
  • Assigning and maintaining internal rating and recommending credit appetite
  • Maintain a detailed and forward looking knowledge of developments in regulatory frameworks, client rule books and market trends
  • Work closely with NA/LATAM/APAC counterparts to maintain a consistent global coverage model (particularly important for our clearing house portfolio)
Coach and develop less experienced team members
Qualifications & Experience
 
The following specific skills and experience are required to perform the role:
  • Strong credit skills. The candidate has to be able to lead in depth due diligence, co-ordinate and produce credit memos, articulate a credit view and make recommendations to senior credit officers
  • Knowledge of the Clearing industry, Clearinghouses and the Clearing product offering is a strong positive but not a requirement
  • A good knowledge of derivative and banking products and associated documentation (ISDA/CSA/GMRA)
  • Strong interpersonal and communication skills.  Be able to establish credibility and trust with clients, product specialists and credit officers, and to partner with them effectively
  • High level of intellectual curiosity
About J.P. Morgan’s Corporate & Investment Bank:
 
J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.  Further information about J.P. Morgan is available at www.jpmorgan.com.
 
JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer.
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