Credit Risk Middle Office Associate

JPMorgan Chase • Newark, DE • 4h ago

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.

Responsibilities Include:

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.

Minimum Skills, Experience, and Qualifications :

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.

Additional Skills, Experience, and Qualifications:

The following additional qualifications will be considered but are not required:

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.

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

Similar Jobs

Risk Management - Consumer and Community Banking - Risk Architecture- Senior Associate

JPMorgan Chase • Wilmington, DE • 1d ago

Finance, Accounting & Banking

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 anticip...

1d ago

Go to Apply

Finance Manager

Robert Half • Kennett Square, PA • 1d ago

Finance, Accounting & Banking

Description Successful client located in the Greater Philadelphia area is looking to staff a proactive Finance Manager for their immediate opening. As the Finance Manager, you will oversee general ledger maintenance, con...

1d ago

Go to Apply

Banking Services Operations Associate I

TEKsystems • Wilmington, DE • 2d ago

Finance, Accounting & Banking

Description PRIMARY RESPONSIBILITIES: Performs clerical functions requiring simple analysis and exercises minimal use of judgment within assigned Banking Services department. Performs data entry of customer or Bank data...

2d ago

Go to Apply

Banking Services Operations Associate I

TEKsystems • Wilmington, DE • 2d ago

Finance, Accounting & Banking

2d ago

Go to Apply

Banking Services Operations Associate I

CTG • Wilmington, DE • 2d ago

Finance, Accounting & Banking

Are you ready to join a growing team? CTG is seeking a detail-oriented Banking Services Operations Associate I to support our client in Wilmington, DE. This short-term, fast-paced role is perfect for individuals who exce...

2d ago

Go to Apply

Treasury Management Consultant III & Relationship Manager - Government Banking Northeast

Capital One • Wilmington, DE • 3d ago

Finance, Accounting & Banking

Treasury Management Consultant III & Relationship Manager - Government Banking Northeast The Government Banking Treasury Management Consultant (TMC) & Relationship Manager partners with internal stakeholders to b...

3d ago

Go to Apply

Portfolio Accountant

Robert Half • Media, PA • 3d ago

Finance, Accounting & Banking

Description Reputable, development firm seeks a Portfolio Accountant with strong knowledge of financial instruments and portfolio accounting principles. The Portfolio Accountant will be responsible for managing and maint...

3d ago

Go to Apply

Accounting Manager

Aston Carter • Nottingham, PA • 5d ago

Finance, Accounting & Banking

Job Title: Accounting Manager Job Description We are seeking an experienced Accounting Manager to oversee the monthly, quarterly, and year-end close processes, ensuring timely and accurate financial reporting. This role...

5d ago

Go to Apply

Accounting Coordinator

Compass Group, North America • Exton, PA • 5d ago

Finance, Accounting & Banking

Canteen Salary: $20.00 - $25.00 Other Forms of Compensation: bonus opportunities Growth. Opportunity. Excellence. Canteen brings break time to everyone. We combine food, service, and experience backed by industry-leading...

5d ago

Go to Apply

Commissions Lead Accountant

RxBenefits • Wilmington, DE • 5d ago

Finance, Accounting & Banking

Primary Responsibilities Include: Accurate recording and reporting of commissions expense in a high-volume, multi-entity, multi-product environment Review and approval of all commission-related journal entries and reconc...

5d ago

Go to Apply

Subscribe to get new jobs sent directly to you
(no charge, cancel anytime)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.