Credit Risk Officer

2 months ago


Goregaon East Mumbai Maharashtra, India JPMorganChase Full time

**JOB DESCRIPTION**
Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.

As a Latin America Credit Officer Associate in 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 anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

**Responsibilities**:

- Manage credit risk on the LATAM Credit portfolio, with primary accountability of managing portfolio risks within acceptable quality and loss tolerances.
- Structure and approve Custom Credit facilities include full suite of PB products. Approve credit risk exposure relating to the client base within authorized limits.
- Assign of risk ratings, Loss Given Default (LGDs), and other risk metrics across the portfolio and understand Global Wealth Management Credit Risk appetite on wholesale loans, mortgages, OTC (Over the Counter) products and others.
- Identify and monitor concentrations, trends and themes in the portfolio, and direct the preparation of Portfolio Reviews and ensure that Risk exceptions in the portfolio are appropriately managed and escalated as required. Engage with Credit Middle Office as needed.
- Partner with the Business to build a culture of Risk discipline across the organization and work closely with the Underwriter team and build an integrated approach to making credit decisions that incorporates underwriter input.
- Work with / provide credible challenge to Lending Solutions on new products, new initiatives. Work with the Credit Middle Office to continuously upgrade and improve Risk Reporting MIS (Management Information System) for portfolio management. Maintain satisfactory Audits across the credit portfolio. Ongoing approval of new transactions / portfolio reviews / risk discussions.
- Challenge the status quo. Continuously strive to find better, more efficient ways to manage credit risk and business flow, including underwriting.
- Use technology to strengthen Risk Management practices and products. Find gaps in Risk Policies / Underwriting guidelines and work with Risk Policy team.

**Required qualifications, capabilities, and skills**
- Advanced knowledge in private banking sector including lending, portfolio analysis and loan documentation
- Bachelor’s degree
- 5+ years of professional experience related to financial services, risk management, compliance or legal and strong Microsoft PowerPoint and Excel skills
- Strong, clear, and concise written and verbal communication with ability to edit and prepare executive level communications.
- Excellent organizational and project management skills; able to manage competing priorities under tight deadlines
- Proven ability to collaborate and build strong partnerships and possess Intellectual curiosity with a proven ability to learn quickly
- High degree of initiative, self-direction, and ability to work well under pressure

**ABOUT US**

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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.

**ABOUT THE TEAM**

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and


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