• Wealth Management - Credit Middle Office - Associate Jobs in Bangalore,India

  • JPMorgan Chase & Co

Job Description:

Wealth Management - Credit Middle Office - Associate Req # 190073843

Location Bangalore East, KA, IN

Job Category Asset Management

JP Morgan Asset & Wealth Management, with client assets of $24 trillion, is a global leader in investment and wealth management Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits

1 Ensures supervision and oversight on Client set ups for line of credit facilities in the credit systems and confirmations that all required credit documentation is complete

2 Leads production of quality documentation and edits, cross-regionally, on all standard and non standard loan types, including but not limited to Unsecured, Real Estate (footprint and non-footprint states), Marketable Securities, and Business Assets and Titled Collateral

3 Ensure compliance to Private Banking guidelines/policy and Federal Lending Regulations

4 Encourages practice & usage of all available resources to find, review, and set-up loan covenants, and use the information to prepare quality Covenant Agreements and Loan Agreements

5 Reviews current and all pending exceptions to covenant agreement terms that occur Confirms their accuracy and proactively could identify an appropriate resolution prior to escalation to extended team members to highlight to Underwriters and Bankers for resolution

6 Ensures all credit risk recommendations and mitigations are implemented

7 Partners and encourages his team to liaise and partner with Capital Advisors and Analysts to capture terms and conditions stipulated in the credit approval and legal documentation into the corporate credit platform (via ARC)

8 Coordinates with his team and global partners with all aspects of portfolio management on a daily basis including, but not limited to, maturing facilities, client annual reviews, unlinked outstanding, over limits, temporary facility extensions or increases, document exceptions, covenant exceptions

9 Manages market and LOB transfers as clients and facilities are moved to new markets or to other LOBs outside of PB

10 Create Legal and the Credit File and Compliance Deal Folders for all facilities within Deal works and file completed proposals

11 Master CRRT and CWS reporting to support data and analytical needs

12 Responsible for maintaining critical Client credit data in Corporate Systems

Qualifications and experience

Minimum 8-10 years of work experience
Any additional professional degree will be an added advantage
Ability to perform in a fast paced environment and handle multiple tasks through effective prioritization
Understanding of credit concepts
Understanding of derivatives, FX and participations/syndications
Understanding of credit legal issues and be able to quickly determine sensitivity to business risk
Prior exposure to traditional credit products and traditional credit product loan documentation a plus
Experience using the Credit Risk Infrastructure tools and applications (LOS, Connect, SRGT, CRRT, SELM, etc)
Strong knowledge of banking operations
Leadership skills to drive discussions and lead the group
Relationship building with diverse groups and senior executives
Have an affinity or ability for systems thinking
People management experience and Client focus
Control orientated and Risk awareness

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Financial Services/Stockbroking
Functional Area : Banks/Insurance/Financial Services
Role : Banking -General
Salary : As per Industry Standards
Deadline : 19th Feb 2020

Key Skills:

Company Profile:

JPMorgan Chase & Coarfix

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