Risk Management - Wholesale Credit Analyst - Senior Associate

JPMorgan Chase & Co.; Plano (TX); On-site; USD 90,000 - 120,000; Full time

Job summary

JPMorgan Chase & Co. in Plano, TX, is seeking a Senior Associate Credit Analyst in Wholesale Credit Risk to manage credit risk for the Merchant Services Wholesale Credit portfolio.

You will perform financial statement reviews, cash-flow analysis, and determine risk ratings while maintaining timely reviews and collaborative relationships with Relationship Managers and Legal. This role emphasizes strong analytical skills, clear credit memos, and the ability to balance risk with commercial

Qualifications

• Bachelor’s degree in Finance, Economics, Accounting or related discipline.
• 3+ years of experience in credit risk analysis or related fields.
• Strong financial analysis and credit memo writing ability.

Responsibilities

• Evaluate and approve merchant relationships through financial statement review and cash-flow analysis.
• Identify and elevate problem credits and negotiate to protect the bank’s interests.
• Deliver well-supported credit decisions with stakeholder engagement.
• Monitor industry trends and maintain timely credit reviews.
• Collaborate with Relationship Managers and Legal to uphold risk standards.

Skills

Financial analysis

Credit risk analysis

Credit memo writing

Stakeholder management

Communication skills

Time management

Education

Bachelor's degree in Finance, Economics, or Accounting

Tools

Microsoft Word

Microsoft Excel

PowerPoint

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 judgment 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 Senior Associate Credit Analyst in Wholesale Credit Risk, you will manage credit risk for the Merchant Services Wholesale Credit portfolio through ongoing credit monitoring, analyzing financial statements, determining appropriate risk ratings, and exerting credit approval authority, as applicable for the role. Recognize possible risks a client's business may pose to the firm while providing recommendations to mitigate such risks. Maintain consistency and quality of credit reviews through high quality assessments and elevate any identified risks and trends. Complete all assigned credit reviews and ad-hoc reviews / tasks within timelines. Participate in ongoing projects / process improvement efforts as appropriate. You will be part of a highly collaborative team that prioritizes learning, professional development, inclusivity, and mentorship.

Job Responsibilities:

• Evaluate and approve existing merchant relationships including: financial statement review, cash-flow analysis, transaction trend analysis, assessment of the business model, product/service risk evaluation, customer concentration assessment, and review of refund and chargeback exposure.
• Identify and elevate problem credits promptly, and negotiate effectively to protect the bank’s interests.
• Demonstrate strong proficiency in financial analysis, products, and key risk factors; defend credit ratings confidently.
• Apply strong financial analysis and product knowledge, incorporating relevant macro-and-microeconomic factors and risks.
• Deliver well-supported credit decisions through effective stakeholder engagement.
• Meet monthly timelines and take ownership of deliverables by proactively following up with stakeholders to complete reviews and requests.
• Build and maintain strong relationships with internal stakeholders, including Relationship Managers and Legal.
• Monitor industry trends and credit risk management best practices to strengthen decision-making and maintain a competitive edge.
  

Requiredqualifications, capabilities, and skills:

• Bachelor’s degree in Finance, Economics, Accounting, or a related discipline.
• 3+ years of experience in credit risk analysis, commercial lending, payments risk or portfolio management.
• Strong financial analysis skills and the ability to write clear, well-structured credit memos.
• Ability to manage competing priorities effectively in a collaborative, high-volume environment while maintaining strong attention to detail.
• Ability to explain decisions using data and sound rationale, and to elevate appropriately when needed.
• Excellent verbal and written communication and problem-solving skills.
• Proven ability to prioritize, plan, and manage processes to complete credit analysis and related assignments.
• Proficiency in Microsoft Word, Excel, and PowerPoint, with the ability to quickly adapt to proprietary systems.
• Sound judgment under time pressure; ability to balance risk vs. commercial objectives
• Stakeholder management (Risk, Sales, Operations, Legal/Compliance as applicable)
• Ability to explain decisions with data + rationale, and elevate appropriately