Corporate Risk
1 week ago
**JOB DESCRIPTION** Job Title**
**Corporate Risk - Credit Risk Middle Office (CRMO) - Associate**
**Posting Description**
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 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.
The Credit Risk Middle Office (CRMO) is part of the Reporting Middle Office and Control organization within Corporate Risk. Our role is primarily focused on support for the Wholesale Credit Risk Organization globally. Key functions include limit breach monitoring, ongoing credit risk client maintenance and resolution of operational issues.
**Job responsibilities**
- Communication/presentation - build solid communication skills to aid in influencing stakeholders in a meaningful and actionable manner.
- Operations
- Control Mindset - build knowledge of processes to develop and maintain a strong control adherence, including the ability to analyze problems and find solutions.
- Metrics - learn how to review key metrics to aid in workflow and SLA adherence. Decision Making/Judgement - low to moderate level of independent decision-making using sound judgement.
- Change Management - partner with CRMO leads and stakeholders to help define business case for changes that would improve processes/reporting and see them through to implementation. Problem solving / Analytical skills - solid critical thinking, attention to detail and analytical skills; able to synthesize large amounts of data and formulate appropriate conclusions.
- Understanding root cause / identifying control breaks - raising issues timely to management and assist in providing sustainable solutions. Diversity, Equity & Inclusion - participate in initiatives to promote diverse culture of respect, equity and inclusion.
**Required qualifications, capabilities, and skills**
- Entry or 5+ years’ experience in financial services, operations or related field.
- Previous experience in Operational or Risk Management, or other control function a plus.
- Basic knowledge of businesses/products offered by major financial institutions and risk disciplines.
- Ability to identify problems and work with manager to develop solutions.
- Effective verbal and written communications skills.
- Self-starter who can work effectively in a multi-tasking role.
- Proficient in Microsoft Office Suite (Word, Excel, PowerPoint).
**Preferred qualifications, capabilities, and skills**
The following additional items will be considered but are not required for this role
- Bachelor’s degree preferred but not required.
- Experience with automated solutions such as Alteryx, Python and UI Path a plus.
**ABOUT US**
JPMorgan Chase & Co., 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 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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
**ABOUT THE TEAM**
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.
Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.
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