Risk Management - Credit Risk - Asset-Backed Finance - Analyst

JPMorganChase•Plano, TX

About The Position

Join J.P. Morgan Chase Risk Management and Compliance team, where you will help keep our firm strong and resilient. Bring your expertise and help the firm grow its business in a responsible way by anticipating new and emerging risks and using your 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. By joining the Asset-Backed Finance Credit Risk team, you will be launching your career at the intersection of finance, analytics, and innovation. As an Analyst, you will play a key role in assessing the risks and providing structural recommendations of structures of securitizations of financial assets – where repayment is driven by the cash flows generated from these assets. You will be part of a collaborative, forward-thinking group that values creative problem-solving, challenges the status quo, and strives to be best-in-class. This is an exciting opportunity to gain hands-on experience, work closely with senior credit officers, and make a real impact from day one.

Requirements

BA/BS degree in a quantitative discipline
Strong interest in Structured Finance
Excellent problem solving and critical thinking skills
Strong verbal and written communication skills
High attention to detail and strong organizational skills
Ability to collaborate effectively with teammates and internal and external stakeholders
Highly motivated, proactive attitude, with a passion for learning and an inquisitive personality
Ability to multitask and thrive in a fast-paced, team-oriented environment

Nice To Haves

Internship or work experience in Commercial or Investment Banking, especially with a credit, structuring and/or market focus
Familiarity with Asset-Backed and/or securitization markets
Proficiency in Excel and PowerPoint
Basic understanding of credit, documentation, and transaction processes
Ability to perform well under pressure in a demanding environment

Responsibilities

Evaluate client-specific asset data and performance trends (delinquencies, defaults, net losses, recoveries, servicing KPIs) to form a prospective risk outlook
Develop a forward-looking view of client businesses and collateral risk; conduct traditional corporate financial analysis of originators and servicers as needed (liquidity, leverage, cash flow, profitability, covenant compliance, operational resiliency)
Develop foundational knowledge of securitized financial assets
Participate in due diligence meetings, which may be virtual or at the client’s office
Monitor all aspects of the assigned credit portfolio, including industry trends, portfolio performance, compliance with covenants, potential risks and opportunities
Validate cash-flow and waterfall models to confirm loss coverage, liquidity, weighted average life, and trigger headroom; challenge model assumptions
Ensure internal risk grades remain accurate
Work closely with credit risk officers, coverage bankers and product partners to develop structures appropriate for the risk profile of the assets to be financed
Support the assessment of stress or downside credit scenarios
Ensure accurate booking of exposures in J.P. Morgan credit systems; coordinate with middle office to maintain data integrity
Prepare written credit analysis and recommendations for senior credit officers
Prepare and present period portfolio reviews to senior credit executives and business partners