CIB Risk Wholesale Credit Special Credits Group Associate - Plano TX

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CIB Risk – Wholesale Credit – Special Credits Group Associate - Plano, TX','200032387','!*!

Description:

As a Wholesale Credit Associate for Chase Merchant Services,

you will support expert level underwriting, portfolio management and workout functions

associated with our strategic client base.

Key Responsibilities:

Analyze

business financial statements and prepare credit memoranda with a focus on

writing narratives on the underlying client’s solvency and inherent risks

Recognize

possible risks that a client’s business may pose to the organization,

including financial and reputational, and be able to recommend actions to

mitigate such risks

Discuss

a client’s financial position and business with that client and/or

internal stakeholders in a professional manner

Determine

prudent risk workout strategies, present to senior stakeholders (internal

& external) and execute in line with policy and procedures.

Stay

informed about factors affecting a variety of industries and connect these

with possible impacts to our clients

Perform

secondary credit assessment on reviews up to a designated credit approval

authority limit

Core competencies include:

Strong

credit analysis skills, as demonstrated by prior work history as a credit

analyst, credit reviewer, or commercial lender, and the ability to translate

those skills to a unique kind of credit risk

Negotiation

and Influence in order to successfully managing upward relationships,

delivering recommendations to senior stakeholders (internal &

external) and executing recommendations independently.  

Attention

to detail and strong written and verbal communication skills to manage

difficult conversations with clients and stakeholders with clarity and

professionalism.

Operational

focus with a strong eye for detail to maintain that all work is done according

to policy and procedures and maintain and strong controls environment

Problem

solving skills to identify areas to improve controls, work efficiency, and

team building

','!*! Description: As a Wholesale Credit Associate for Chase Merchant Services, you will support expert level underwriting, portfolio management and workout functions associated with our strategic client base. Key Responsibilities: Analyze business financial statements and prepare credit memoranda with a focus on writing narratives on the underlying client’s solvency and inherent risks Recognize possible risks that a client’s business may pose to the organization, including financial and reputational, and be able to recommend actions to mitigate such risks Discuss a client’s financial position and business with that client and/or internal stakeholders in a professional manner Determine prudent risk workout strategies, present to senior stakeholders (internal & external) and execute in line with policy and procedures. Stay informed about factors affecting a variety of industries and connect these with possible impacts to our clients Perform secondary credit assessment on reviews up to a designated credit approval authority limit Core competencies include: Strong credit analysis skills, as demonstrated by prior work history as a credit analyst, credit reviewer, or commercial lender, and the ability to translate those skills to a unique kind of credit risk Negotiation and Influence in order to successfully managing upward relationships, delivering recommendations to senior stakeholders (internal & external) and executing recommendations independently.   Attention to detail and strong written and verbal communication skills to manage difficult conversations with clients and stakeholders with clarity and professionalism. Operational focus with a strong eye for detail to maintain that all work is done according to policy and procedures and maintain and strong controls environment Problem solving skills to identify areas to improve controls, work efficiency, and team building  Qualifications: Bachelor's degree in Finance, Accounting or related field with a minimum of 12 hours of college level courses in accounting or finance, or relevant work experience including financial statement spreading. Minimum 3 years of experience as a commercial credit analyst within a commercial credit or banking environment with growing levels responsibility. Ability to understand and interpret business financial statements, tax returns, and generally accepted accounting principles. Preferred Skills: Advanced level analytical and business writing ability, and experience with creating and delivering presentations to peers and senior management.Ability to understand and interpret business financial statements, tax returns, and generally accepted accounting principlesExtensive ability to make sound credit decisions through the analysis of business financial statements, industry information, and information derived from client interviewsUnderstanding of credit card processing business and associated risks ','JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.','Risk','US-TX-Plano-Legacy West C / 59636','','CORPORATE & INVESTMENT BANK','Full-time','Standard','Day Job','','JPMorgan Chase','JPMorgan Chase','CIB Risk – Wholesale Credit – Special Credits Group Associate - Plano, TX

Company info

JPMorgan Chase & Co,
Website : http://www.jpmorganchase.com