Credit Operations - Margin & Collateral Associate

Testing Site - JPMC; Singapore; On-site; SGD 90,000 - 130,000; Full time

Job summary

J.P. Morgan Asset & Wealth Management is seeking an Associate for the Credit Platform Services team to monitor exposures and support regulatory reporting and data analytics for Wealth Management Asia.

You will work with Lending Advisors and Credit Risk Executives to oversee loans, mortgages, and derivatives secured by financial assets. You will collaborate with cross-location teams and leverage automation tools to strengthen controls, risk reporting, and portfolio monitoring while engaging

Qualifications

• Bachelor's degree in Business, Finance, or relevant disciplines.
• At least 4 years of relevant work experience in a financial institution with automation tooling experience.
• Demonstrated interest in financial markets and understanding of risk measures.
• Ability to adapt in a fast paced, dynamic and changing team environment.
• Confident and capable of building strong relationships with senior stakeholders.
• Strong solution-based problem solving and analytical skills.
• Excellent verbal and written communication skills.

Responsibilities

• Monitor and review the loan portfolio in line with credit guidelines and policies.
• Collaborate with Credit Underwriting and Executives on exception handling for facilities.
• Provide Controls and Management Information Support reporting for internal Credit Risk metrics.
• Identify and implement controls initiatives with international teams to share best practices.
• Explore automation opportunities for reports using tools like Alteryx, Python, Unqork and Xceptor.
• Input and maintain credit limits and parameters in the system.

Skills

Analytical skills

Stakeholder management

Communication skills

Adaptability

Education

Bachelor's degree in Business/Finance

Tools

Alteryx

Xceptor

Python

Unqork

Visio

Job description

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work closely with Lending Advisors, Investors and Credit Risk Executives to facilitate the origination of loans, monitor credit risk exposures and clients collateral portfolio, provide covenant breach reporting and is responsible for regulatory reporting and Credit Risk data analytics.

The Credit Platform Services Team is part of the Credit Operations group under J.P. Morgan Asset & Wealth Management, which consist of client assets of $2.8 trillion, is a global leader in investment and wealth management.

As an Associate in the Credit Platform Services team, you are responsible to monitor J.P. Morgan Wealth Management exposures (including loans, mortgages, and derivatives) secured by financial assets, such as equities, fixed income products and other asset types. You are critical to protecting the bank from potential credit losses. Working closely with the Lending Advisors and Credit Risk Executive, you are also responsible for a wide range of functions such as administration and monitoring of Wealth Management Asia credit facilities in line with corporate credit policy, review & monitoring of credit covenants, transaction approval and other special monitoring requirements.

Job responsibilities

• Monitor and review of the loan portfolio, regularize excesses (shortfalls) as per the Credit guidelines, regulations, credit policies and guidelines
• Collaborate closely with Credit Underwriting team, Credit Executives on exception handling for credit facilities extended to Asia Private Banking clients
• Provide Controls and Management Information Support reporting for internal Credit Risk metrics including credit exposure, product analytics, threshold reporting and collateral breakdown
• Identify, implement and manage controls initiatives with other International Private Banking primary locations (i.e Geneva and Edinburgh) to share best practices and coordination with India and Manila teams
• Explore and develop automation opportunities for existing reports using Intelligent Automation tools like Alteryx, Python, Unqork and Xceptor
• Input and maintain credit limits and other credit parameters such as cross pledges, pricing, mortgages etc. in the system

Required qualifications, capabilities, and skills

• Bachelor's degree in Business, Finance, or relevant disciplines
• At least 4 year of relevant work experience in a financial institution with prior experience in using various automation tools
• Demonstrated interest in financial markets and understanding of risk measures
• Ability to adapt in a fast paced, dynamic and changing team environment is essential
• Confident and capable of building strong relationships and engaging directly with the senior stakeholders
• Strong solution based problem solving and analytical skills, able to add value rather than just accept the status quo
• Excellent verbal and written communication skills

Preferred qualifications, capabilities, and skills

• Knowledge of our current regulatory landscape is an advantage
• Strong knowledge of automation tools like Alteryx, Xceptor, Visio a plus