Asset Based Lending Field Examination - Senior Associate

Next Frontier Capital; New York (NY); On-site; USD 90,000 - 120,000; Full time

Job summary

JPMorgan Chase is seeking an Asset Based Lending Field Exam Associate in Risk Management and Compliance to analyze client data, assess collateral and financial performance, and prepare borrowing base calculations. The role requires up to 50% overnight travel and strong analytical and writing skills.

The successful candidate will have 3+ years in lending/auditing, a detail-oriented mindset, and a track record in working in fast-paced environments within a leading financial institution.

Qualifications

• Strong interpersonal and relationship development skills.
• Effective business writing skills; proficient in Excel, Word and Outlook.
• Analytical and detail oriented with problem-solving ability.
• Ability to think critically in a fast-paced environment.
• Minimum 3 years in commercial lending, field exam, accounting or auditing.
• 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

Analytical thinking

Critical thinking

Fast-paced environment

Overnight travel

Education

BS in Accounting/Finance

CPA or CFE preferred

Tools

Excel

Word

Outlook

Job description

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 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
• CFE (Certified Fraud Examiner)

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 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.

Join a team that supports secured credit facilities and prepare for other opportunities in field exam or in other areas of the firm.