Risk Management - Real Estate Credit Risk Associate

JPMorgan Chase & Co.; Chicago (IL); On-site; USD 90,000 - 140,000; Full time

Job summary

JPMorganChase is seeking a Real Estate Credit Risk Associate within the Commercial and Investment Bank - Real Estate Credit Risk Team. You will assess credit risk, approve lending-related transactions, and partner with top bankers to manage a client portfolio including real estate, lodging, gaming, homebuilding, and related services.

You will conduct financial analysis, prepare credit documents, and monitor risk across industries, while negotiating terms and maintaining risk ratings.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business, Economics or similar discipline.
• Minimum 3 years of professional work experience in corporate/commercial credit, investment banking or relevant experience within financial services or rating agency.
• Academic training in the principals of accounting, corporate finance, capital markets products and macro economics.

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, including spreading and presentation of historical financial statements and 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
• Actively manage existing CRE portfolio and participate in portfolio management / surveillance projects

Skills

Financial analysis

Financial modeling

Communication

Education

Bachelor’s degree in Finance, Accounting, Business, Economics or similar discipline

Tools

Microsoft Excel

PowerPoint

Word

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 Bank - 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 commitments. You will work 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 resource 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 maintains updated credit research on their portfolio of clients
• Actively 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 3 years of professional work experience in corporate/commercial credit, investment banking or relevant experience within financial services or rating 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 with major corporate bank credit team and or credit rating agency
• Prior experience around Real estate or Corporate credit