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Credit Risk Middle Office Analyst

JPMorganChase
Full-time
On-site
Newark, New Jersey, United States
IT/Tech
Description

Join JPMorgan Chase's Risk Management and Compliance team, where your expertise will be pivotal in maintaining our strength and resilience. You'll be tasked with anticipating emerging risks and using your judgement to address challenges impacting our company, customers, and communities. Our culture encourages innovative thinking and challenges the status quo, striving for excellence in all we do.

As an Analyst in the Credit Risk Middle Office within 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. The Credit Risk Middle Office (CRMO) is part of the Reporting Middle Office and Control organization within Corporate Risk. Our role is primarily focused on support for the Wholesale Credit Risk Organization globally. Key functions include limit breach monitoring, ongoing credit risk client maintenance, and resolution of operational issues.

Job Responsibilities 

  • Build communication skills to aid in influencing stakeholders in a meaningful and actionable manner.
  • Provide coverage for Credit Risk Management by performing and overseeing various functions including line facilitation/maintenance, client data management, limit breach monitoring & investigation, and NAV gathering. Reviewing prospectuses and annual reporting may be required. Participate in user acceptance testing for technology changes to core business applications. 
  • Display a Control Mindset – build knowledge of processes to develop and maintain a strong control adherence, including the ability to analyze problems and find solutions.
  • Guide Metrics – learn how to review key metrics to aid in workflow and SLA adherence.
  • Guide Decision Making/Judgement – low to moderate level of independent decision-making using sound judgement.
  • Partner with CRMO leads and stakeholders to help define business case for changes that would improve processes/reporting and see them through to implementation.
  • Guide Problem solving / Analytical skills - solid critical thinking, attention to detail and analytical skills; able to synthesize large amounts of data and formulate appropriate conclusions.
  • Identify control breaks – raising issues timely to management and assist in providing sustainable solutions.

Required qualifications, skills and capabilities

  • Experience in financial services, operations or related field.
  • Basic knowledge of businesses/products offered by major financial institutions and risk disciplines.
  • Ability to identify problems and work with manager to develop solutions. 
  • Effective verbal and written communications skills.
  • Self-starter who can work effectively in a multi-tasking role.
  • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint).

 

Preferred qualifications, skills and capabilities

  • Bachelor’s degree preferred but not required.
  • Previous experience in Operational or Risk Management, or other control function a plus.
  • Experience with automated solutions such as Alteryx, Python and UI Path a plus.