JP Morgan Chase - Credit Risk Analyst - Commercial Banking

CB Risk India - Credit Analyst - Asset Based Lending

About CB Risk India: The CB Risk India team is part of the Credit Risk function for Commercial Bank (CB) at J.P. Morgan. CB Risk India works closely with the in-country Bankers and Credit Executives and provides them with in-depth credit risk analysis of clients; as well as recommendations on risk grades. CB Risk India was set up in Nov 2016 and covers wholesale customers of the Commercial Bank in North America.

Role: Analyst for conducting Corporate Credit Analysis, covenant monitoring and collateral related analysis for Asset Backed Lending ("ABL") clients in North America - Commercial Banking Division.

Location: Bangalore

Responsibilities:

- Prepare credit risk analysis reports on assigned portfolio of clients (business & financial analysis and focusing on credit issues). Recommend rating grades based on analysis for the clients and facilities/exposures.

- Covenant tracking - Spread income statement, balance sheet and cash flow on a monthly/quarterly basis for the purpose of calculating various ratios like fixed charge coverage ratio, minimum liquidity availability figures, leverage ratio etc. and checking for compliance with agreed covenant ratios

- Summarize Field exam results and provide CRM ("Credit Risk Manager") comments on the exam findings. Work with onshore to finalize ABL risk comments on the field exam.

- Summarize Inventory appraisal findings as part of the annual review process.

- Detailed Borrowing base analysis and analyze collateral related metrics (month on month) on the allocated portfolio of clients

- Understanding credit agreements and being on top of latest amendments on portfolio clients

- Contribute on adhoc portfolio analytics projects

- Engage Credit Risk managers to Work on amendments / transactions on existing clients

- Gain sufficient knowledge and demonstrate ability to deliver work independently. Evolve in to a 2nd chair role on a portfolio of clients and work with CRM in US to work on all activities on the client

- Develop and maintain open communication channels with bankers in North America. Independently handle all calls/rating/spreads discussions with Underwriters

- Develop understanding of various techniques and methods of credit analysis, accounting treatments, financial adjustments etc.

Qualifications:

- MBAs (with Finance specialization) / CAs

- Excellent academic record

- Strong understanding of accounting and finance concepts

- Strong analytical skills and keen attention-to-detail

- Deadline oriented, organized, and responsible

- Ability to work independently as well as in a team environment

- Strong communication skills - oral and written

- Proficient in the use of MS Word, Excel and Power Point

- 2 years of Credit related work experience is a must

- Credit approval and modelling experience would be a plus ((though not a must))

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.

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