JPMorgan Chase Corporate Risk – Credit Risk Middle Office – Treasury Services Associate in New York, New York

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

Credit Risk Middle Office (CRMO) supports the credit approval and decision making processes for the NA Corporate and Investment Bank (CIB) Credit Executives and Client Credit Managers in Credit Risk. Credit Risk Middle Office is involved in various activities such as limit & controls monitoring, setting up and maintaining credit facilities in support of Macro Markets and Product Service (Treasury & Investor) businesses. The Global teams are located in New York, London, Bournemouth, Mumbai and Singapore.

In addition - In the ever changing regulatory and controls environment, Credit Risk Middle Office provides control and oversight for various initiatives including implementation and controlled risk management of the firm, regulatory reports, systems improvements and advisory services.

The Treasury Services Associate role will act as a liaison between, and be an escalation point for, the CRMO organization, Treasury Services (TS) and Credit Risk, with regard to TS-specific requests. The Treasury Services Associate will be on point for TS Sales, CRMO, and Credit Risk Officers, to help seamlessly implement Treasury Services requests throughout NA. The successful Treasury Services Associate will be an organized and proactive professional who will ensure proper implementation of Credit and Treasury Services Policies, Guidelines and Procedures. The Treasury Services Associate will be dedicated to addressing the concerns, needs and challenges the CRMO and TS teams encounter, while contributing to the overall strategy of the function. This position will interact regularly with Credit Risk, credit risk support teams, and TS.

Key Responsibilities:

TS Risk Middle Office provides support and acts as a control function covering the following areas:

  • Execute a highly sensitive task of approving Credit to facilitate complex deals and recommending credit set up in system(s).

  • Evaluate private side related data to investigate and remediate issues impacting client accounts and/or credit availability.

  • Drive and manage the migration of new TS related activities into the New York team from Global locations.

  • Work on initiatives to improve efficiency / controls of current processes from a business and system perspective.

  • Support the TS Crisis Management Processes (Bankruptcy, Liquidation, and Exposure Drills) & related investigations.

  • Provide TS Credit policy and systems advice to key stakeholders including Credit Executives, Sales and implementations.

  • Partner with stakeholders and Technology to delivery key enhancements and strategic change.

  • Proven ability to work independently under pressure and prioritize multiple tasks efficiently.

  • Demonstration of self-starter abilities and successfully working in an aggressive time sensitive environment.

  • Strong written and verbal skills with ability to articulate thoughts ideas clearly and succinctly.

  • Team player with ability to build strong rapport with wide range of stakeholders.

  • Educated to degree standard or equivalent work experience.

  • Prior experience in a middle office / risk / controls environment a plus.

  • Knowledge of Treasury Services products or risk experience preferable but not essential.

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.