Credit Risk Middle Office Associate

JPMorgan Chase & Co.•Newark, DE

33d

About The Position

In Risk Management and Compliance, you play a crucial role in fortifying JPMorgan Chase's strength and resilience. You contribute to the firm's responsible growth by anticipating emerging risks and applying your expert judgment to solve real-world challenges that affect our company, customers, and communities. Our culture encourages innovative thinking, challenges the status quo, and strives for excellence in all we do. As a Credit Risk Middle Office Associate, you will support Credit Risk Management through various functions, including limit breaches, NAV collection, Rules Based Fund processing, credit facility amendments, onboarding, credit reference data maintenance, and offboarding. This position offers an exceptional opportunity to collaborate with senior credit risk and operations management to drive change. You will enhance your knowledge of credit processes, various investment products, and core operational and control skill sets. A successful candidate will cultivate strong relationships, develop business strategy skills, and gain insights into credit risk infrastructure. Additionally, you will have the chance to learn about Intelligent Solutions tools and contribute to our Diversity, Equity, and Inclusion initiatives.

Requirements

Bachelor's degree preferred but not required.
3+ years of experience in financial services, operations, or a related field.
Previous experience in Operational or Risk Management, Compliance, Internal/External Audit, or other control functions desired.
Familiarity with metrics and KPIs to measure core functions and track emerging trends and performance results.
Basic knowledge of products and services offered by major financial institutions and risk disciplines.
Ability to identify problems and develop effective solutions.
Strong verbal and written communication skills.
Self-starter capable of thriving in a multi-tasking environment.

Nice To Haves

Leadership skills to develop and unite high-performing teams to meet business needs through training, influencing, and coaching. People and performance management experience is a plus.
Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint). Experience with automated solutions such as Alteryx, Python, and UI Path is a plus.

Responsibilities

People Management (if required): Mentor junior team members through daily managerial responsibilities, including development, skills monitoring, and training programs.
Communication/Presentation: Effectively influence stakeholders with meaningful and actionable insights.
Operations Management: Provide operational support for Credit Risk Management by performing functions such as line facilitation/maintenance, client data management, limit breach monitoring and investigation, and NAV gathering.
Control Mindset: Develop knowledge of processes to maintain a robust control environment, analyzing problems and proposing solutions.
Metrics Management: Review key metrics to assess risks, controls, workflow capacity, and system issues.
Decision Making/Judgment: Exercise independent decision-making using sound judgment.
Change Management: Collaborate with CRMO leads and stakeholders to define business cases for process improvements and oversee implementation.
Problem Solving/Analytical Skills: Demonstrate strong critical thinking, attention to detail, and analytical skills to synthesize data and draw appropriate conclusions.
Understanding Root Cause/Identifying Control Breaks: Promptly raise issues to management and assist in developing sustainable solutions.
Diversity, Equity & Inclusion: Engage in initiatives that promote a culture of respect, equity, and inclusion.