Risk Management - Real Estate Credit Risk Associate

Testing Site - JPMC; Chicago (IL); On-site; USD 110,000 - 170,000; Full time

Job summary

JPMorganChase in Chicago seeks an experienced Real Estate Credit Risk Associate to perform independent risk assessment and credit approvals for loans and related transactions. You will work with top product bankers and risk professionals across real estate, lodging, gaming, and related services.

The role involves analyzing business and financial risks, preparing credit documents, and maintaining portfolio risk ratings while supporting portfolio management initiatives within the CRE team.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics or similar discipline.
• Excellent financial analysis and modeling skills.
• Strong communication (verbal and written) and interpersonal abilities.
• Proficiency with Microsoft Office tools (Excel, PowerPoint, Word).

Responsibilities

• Conduct credit analysis and facilitate senior credit officer approval of lending and trading related transactions.
• Create written credit approval documents with financial statement analysis and cash flow projections.
• Develop forward-looking views of business, financials and risks for clients.
• Manage and monitor a portfolio of client credit exposures across industries.
• Participate in negotiating, finalizing, and executing loan and derivative documentation.
• Review and assign risk ratings and maintain credit research on clients.
• Manage existing CRE portfolio and participate in surveillance projects.

Skills

Financial analysis

Financial modeling

Communication skills

MS Office proficiency

Education

Bachelor’s degree in Finance, Accounting, Economics or related field

Tools

Microsoft Excel

Microsoft PowerPoint

Microsoft Word

MS Office Suite

Job description

Bring your expertise to JPMorganChase. As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase 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 a Real Estate Credit Risk Associate on the Commercial and Investment (CIB) Real Estate Credit Risk Team, you will work closely with top product bankers and other risk professionals. Your primary tasks will encompass independent risk assessment and credit approval of loans and lending-related transactions. You will work with a client base of leading real estate, lodging, gaming, homebuilding and real estate service companies. The portfolio of credit products we manage and monitor includes corporate recourse traditional credit products (revolving credit facilities and term loans), real estate asset level financings, whole loan repos, risk retention, derivatives and treasury lines.

Job Responsibilities

• Conduct credit analysis and facilitate senior credit officer approval of lending and trading related transactions, including operating exposures, individually or as part of a deal team
• Create written credit approval documents, which include the spreading and presentation of historical financial statement information and the related financial analysis, as well as projections of future cash flows for large corporate borrowers
• Develop a well-informed and forward-looking view of the business, financial and risks associated with a company and sector
• Manage and monitor a portfolio of client credit exposures, across industry classes, on an ongoing basis
• Participate in negotiating, finalizing, and executing documentation for loans and derivatives
• Review and assign risk ratings and maintain updated credit research on their portfolio of clients
• Manage existing CRE portfolio and participate in portfolio management / surveillance projects

Required qualifications, capabilities and skills

• Bachelor’s degree in Finance, Accounting, Business, Economics or similar discipline
• Minimum 4 years of professional work experience in corporate/commercial credit, investment banking or relevant experience within financial services or risk agency
• Academic training in the principals of accounting, corporate finance, capital markets products and macro economics
• Strong financial analysis and modeling skills
• Exceptional communication (verbal and written) and inter-personal skills
• Proficiency in Microsoft Office Suite, Excel, PowerPoint and Word

Preferred qualifications, capabilities and skills

• Prior experience within major corporate bank credit team and/or credit rating agency
• Prior lending experience in real estate or corporate credit