• Bangalore- Commercial Banking- Team Member/Senior Team Member- Loan/Credit Operations Jobs in Hyderabad,India - 23834173

  • JPMorgan Chase & Co
  • Save Job
  • 2 - 5 Years
  • Posted : above 1 month

Job Description:

Bangalore- Commercial Banking- Team Member/Senior Team Member- Loan/Credit Operations Req # 190087497

Location Bangalore East, KA, IN

Job Category Operations

JP Morgan is a leading global financial services firm, established over 200 years ago

We are the leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management

We have assets of $25 trillion and operations worldwide

We operate in more than 100 markets

We have more than 243,000 employees globally

Our wholesale businesses include JP Morgans Asset Management, Commercial Banking and the Corporate & Investment Bank which provide products and services to corporations, governments, municipalities, non-profits, institutions, financial intermediaries and high-net worth individuals and families

Our corporate functions support the entire organization and include the following functions Accounting, Audit, Finance, Human Resources, Operations, and Technology

JP Morgan in India provides a comprehensive range of Corporate & Investment Banking, Commercial Banking, Asset & Wealth Management, and Corporate Functions services and solutions to our clients, executing some of the most important financial transactions and providing essential strategic advice to our clients such as the government, large domestic and multi-national corporations, non-government organizations and financial institutions and investors India is a key market for JPMorgan Chase globally and our employees in India are a critical part of how we do business globally and are integrated within our businesses Our Global Service Centers (GSCs) are strategically positioned in Mumbai, Bangalore and Hyderabad to support the firms operations regionally and globally The centers provide comprehensive strategic support across technology and business operations processing to all lines of business and the corporate functions

Role requires retrieval of Borrower reported Financials or Financials sourced from public websites to conduct enhanced due diligence and common sizing the financials based on the banks internal guidelines to support Credit decisioning or performing Annual risk reviews

Job Responsibilities

Independently validate and enrich financial data provided by borrowers or 3rd party vendors / Open market sources

End-to-end spreading of clients financials including input of as-reported data and normalization and alignment per JPMC credit policy

Financial statement data must meet high integrity standards for internal and external credit usage and reporting requirements Will be responsible for remediating and contextualizing data quality issues related to financial statement data

Develop and maintain open communication channels with Credit Officers / Underwriters

Interact frequently with regional credit teams to provide status updates on financial statements and incorporate feedback and continuous improvement into financial spreads

Capture and escalate missing financial information to internal Business partners

Ensure adherence to the quality control standards set for the process

Record and resolve exceptions

Perform KPI reporting per business requirements

Constantly evaluate opportunities for process simplifications and automations

Eligibility Requirements

Bachelors degree in Commerce/Accounting, MBA (Finance)
2 - 5 years of work experience, preferably in Banking/Mortgage/Financial Analysis/Statement Spreading Experience in Credit Analysis will be an added advantage

Strong knowledge and understanding of Financial Statements, Personal and Business Tax Returns

Strong analytical and numerical abilities
Attention to detail and problem solving skills
Strong verbal and written communication skills to effectively communicate with various stake-holders across levels
Excellent interpersonal skills to work effectively in a team based environment
Attention to detail and problem solving skills
Excellent computer proficiency and MS Office skills

Ability to work in a fast paced, highly Productive environment with ability to multi task

High level of proficiency in organizing, priority setting, and issue management
Open to work in any/rotational shifts

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry :
  • Banking -General
  • Functional Area : Banks/Insurance/Financial Services
    Role :
  • Salary : As per Industry Standards
    Deadline : 15th Apr 2020

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