Senior Credit Risk Associate

JPMorgan Chase & Co.; Mumbai; On-site; INR 900,000 - 1,500,000; Full time

Job summary

JPMorgan Chase & Co. in Mumbai is seeking a Credit Risk Associate to join Corporate and Investment Bank Risk. You will lead credit analysis, perform due diligence, and develop clear credit memos with recommendations, challenging modeling assumptions as needed.

You will partner with senior stakeholders across coverage, product, markets, capital markets, and mergers & acquisitions. The role emphasizes coaching junior team members in a dynamic, fast-paced environment.

Qualifications

• Strong credit analytics and judgment with transaction structure awareness.
• Ability to manage projects end-to-end and deliver timely memos.
• Credible communicator with clients and internal partners; build trust.

Responsibilities

• Lead in-depth due diligence and produce concise credit memos.
• Build and challenge financial models; develop downside scenarios.
• Review loan/derivatives documents (LMA, ISDA/CSA) and negotiate terms.
• Collaborate with coverage, product specialists, markets, and M&A teams.
• Regularly liaise with Primary and Senior Credit Officers.
• Proactively manage exposure across a client portfolio and sectors.
• Coach junior team members through on-the-job training.

Skills

Credit analysis

Due diligence

Financial modeling

Stakeholder management

Multitasking

Mentoring

Education

Bachelor's degree in Finance or related field

Tools

Excel

Job description

Job Description:

Join a credit risk team where your analysis directly informs high-impact credit decisions. You will lead due diligence, develop clear credit recommendations, and challenge assumptions through rigorous modeling and downside scenarios. You will work closely with senior stakeholders across coverage, product, markets, capital markets, and mergers and acquisitions teams. You will also help proactively manage exposures across a portfolio of clients and industry sectors. This role offers the opportunity to coach and develop junior team members in a dynamic, fast-paced environment.

As a Credit Risk Associate within Corporate and Investment Bank Risk, you will lead credit analysis and due diligence to support informed credit decisions. You will produce clear credit memos with recommendations, challenge financial modeling assumptions, and develop appropriate downside scenarios. You will proactively manage exposure for a portfolio of clients and industry sectors while partnering closely with senior stakeholders across the firm. You will also support coaching and development of junior team members through on-the-job guidance and training.

Job responsibilities:

• Lead in-depth due diligence processes and produce concise credit memos with clear recommendations to support credit decision-making.
• Build, review, and challenge financial models and underlying assumptions, and develop appropriate downside scenarios based on key conclusions.
• Review and interpret loan and derivatives documentation, including LMA standard and leveraged finance documents and key ISDA/CSA documentation, and prioritize and negotiate key documentation terms.
• Partner with senior stakeholders across coverage teams, product specialists, markets partners (including derivatives sales), capital markets, and mergers and acquisitions teams.
• Liaise regularly with Primary Credit Officers and Senior Credit Officers.
• Manage exposure proactively across a portfolio of clients and industry sectors.
• Apply understanding of firm risk management policies and related interactions with key stakeholders (including regulators and auditors), and coach junior team members through on-the-job development and training.

Required qualifications, capabilities, and skills:

• Demonstrate strong analytical and credit skills and judgment, with a hands-on approach to evaluating credit and transaction structure details.
• Demonstrate strong project management skills with end-to-end ownership of work and projects.
• Build credibility and trust with clients, internal business partners, product specialists, and credit officers, and partner effectively with them.
• Coach and develop junior colleagues effectively.
• Operate as a self-starter who is results-driven, able to multitask, and adaptable to shifting priorities in a dynamic workflow environment.
• Bring at least 2+ years of experience in roles requiring relevant credit risk and analytical skills.

Preferred qualifications, capabilities, and skills:

• Have prior experience reviewing and commenting on loan documentation and/or core corporate derivative documentation.
• Demonstrate excellent written and verbal communication skills.

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.

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.