Asset Based Lending Field Examination - Senior Associate

Next Frontier Capital; Dallas (TX); On-site; USD 90,000 - 140,000; Full time

Job summary

JPMorgan Chase & Co. is seeking an Asset Based Lending Field Exam Senior Associate to contribute to risk management by analyzing client financials, collateral, and credit facilities.

The role involves preparing borrowing base calculations, inventory verifications, and documenting work in Excel templates. Ideal candidates have 3+ years in commercial lending or related fields, strong writing and analytical skills, and willingness to travel up to half the time.

Qualifications

• Strong interpersonal and relationship development skills.
• Proficiency in Microsoft Excel, Word and Outlook.
• Analytical skills with attention to detail and accuracy; problem solving.
• Ability to think critically while working in a fast paced environment.
• Minimum 3 years commercial lending, field exam, accounting or auditing experience.
• Up to 50% overnight travel may be required.

Responsibilities

• Obtaining and analyzing client accounts receivable, inventory, and accounts payable data and historical performance.
• Obtaining an overview and understanding of the client’s collateral and financial performance.
• Preparing (new credit facility) or verifying (existing credit facility) a borrowing base calculation.
• Verify the existence of inventory through physical inspection
• Conducting high level assessment of internal controls and financial reporting
• Documenting tasks performed on Excel based field exam template
• Prepare a written report using field exam template

Skills

Interpersonal skills

Business writing

Excel

Word

Outlook

Analytical thinking

Critical thinking

Lending/field exam experience

Travel readiness

Education

BS in Accounting/Finance/Economics

Tools

Microsoft Excel

Microsoft Word

Microsoft Outlook

Job description

Asset Based Lending Field Exam Senior Associate

Bring your expertise to JPMorgan Chase. 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.

As an Asset Based Lending Field Exam Senior Associate in Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help us grow our 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 is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

Job responsibilities

• Obtaining and analyzing client accounts receivable, inventory, and accounts payable data and historical performance
• Obtaining an overview and understanding of the client’s collateral and financial performance
• Preparing (new credit facility) or verifying (existing credit facility) a borrowing base calculation.
• Verify the existence of inventory through physical inspection
• Conducting high level assessment of internal controls and financial reporting
• Documenting tasks performed on Excel based field exam template
• Prepare a written report using field exam template

Required qualifications, capabilities, and skills

• Strong interpersonal and relationship development skills.
• Effective business writing skills. Proficiency in Microsoft Excel, Word and Outlook
• Analytical skills with attention to detail and accuracy. Intellectual curiosity and ability to problem solve
• Ability to think critically while working in a fast paced environment
• Minimum 3 years commercial lending, field exam, accounting or auditing experience
• Up to 50% overnight travel may be required, depending on client location

Preferred qualifications, capabilities, and skills

• BS in Accounting, Finance or Economics strongly preferred, other majors considered based on experience
• Previous experience managing a team of field examiners is a plus.
• Monarch and Stucky ABL knowledge is helpful
• CPA (Certified Public Accountant) or Public Accounting
• CF

This role is not eligible for employer sponsored immigration support of any kind.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

J.P. Morgan's Global Banking business is one of the largest wholesale banking client franchises in the world. We serve clients, including corporations, governments, states, municipalities, healthcare organizations, education institutions, banks and investors.

Global Investment Banking supports a broad range of corporations, institutions and governments by providing strategic advice, capital raising and risk management expertise.