Cib Intraday Payments Risk

**JOB DESCRIPTION** Team Description**

In this role, you will be part of the Corporate and Investment Bank (CIB) Wholesale Credit Risk Intraday Payments team. The WCR Intraday Payments team is global and has a follow the sun approach supporting the Wholesale Credit Risk organization. The team reports into the Wholesale Payments Risk CRO.

**Position: WCR Intraday Payments Risk Team - Associate**

Daily monitoring and building up to having real-time Credit Decisions (Approval/Rejection/Escalation) of Intraday payments. Credit decisions will based on amongst other things using knowledge of clients credit characteristics (risk grading, structure of intra-day facilities), portfolio of business with the firm, complexity of payment products/arrangements, historical patterns and using general credit acumen.

Work with Credit Officers and the Business to inventory items causing business disruptions or having the potential for impacts. Create plans and solutions and work with senior members to action and implement changes. Participate in complex client situations learning the firms systems and operating models. Learn client behaviors in relation to underlying business activity to identify abnormal behavior and proactively help the team prepare for events based on market activity or upcoming events.

Associate will have the opportunity to participate in client, event and country crisis management risk mitigation actions including first line of contact with the Payments Command Center. Individual and broader team will participate in Rapid Exposure Drills (RED) with Credit and Relationship Managers.

Develop strong working relationships with Sales, Client Service, Operations, Risk Stripes and functional partners (finance) as needed. Daily interaction with many of these teams.

Able to adapt to a growing and changing business that is being supported, develop awareness of when to own items vs. escalate. Individual will need to support other team members to make decisions balancing the best interests of the firm and clients, to maximize beneficial outcomes.

Become a Subject Matter Expert for WCR on the payments Lines of Business, product offerings, payments flows and systems. Develop a working knowledge of how products help clients achieve their goals while at time creating Risk for the firm that needs to be monitored, controlled and reported. Provide guidance and recommendations during annual client reviews on Cash Product credit facilities sizing.

Assist in developing policy and procedure to drive governance, awareness and control across Credit Risk with regards to Payments. Continually challenge and improve Risk reports and views.

Own executing against daily deliverables and own and contribute to medium/long-term projects. Opportunities to run and participate in committees, working groups and help drive the technology agenda.

Support the Payments CRO as needed.

**Qualifications**

Able to work autonomously while working in a time sensitive environment, capable of using data and critical thinking to advise senior team members making real-time decisions. Ability to execute against daily tasks and time based deadlines.

Strong communication, organizational and time management skills are critical for this role, including performing data analysis and translating messages into higher level presentations for broader often senior audiences.

Use qualitative and quantitative knowledge of Credit Risk management (policy and some level of technical knowledge), to identify key information and drivers across complex businesses and products.

Review regulation versus existing policy and procedure, in order to assess impact to Credit Risk and present to senior team members with recommendations for actionable deliverables.

Ability and desire to develop understanding of various lines of business, including learning and helping to develop advances in technology platforms. Connecting the pieces in siloed structures and foster productive relationships across the lines of business, in a large matrixed organization.

Strong control mind-set, demonstrable partnership skills.

**Experience/Education**: 4+ years of direct experience in Credit or translatable risk disciplines. Minimum Bachelors in technical field

**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 d