DESCRIPTION/RESPONSIBILITIES:
Welcome to J.P. Morgan. Are you looking for an opportunity to be part of the Wealth Management’s center of excellence for underwriting loans that are secured by marketable securities? You have found the right team!
As a Securities Based Lending Associate, you will work closely with Client Advisors to deliver excellent client service for all securities-based lending requests for clients of the Private Bank's Ultra High Net Worth market teams. You will leverage your deep understanding of credit underwriting and analysis to provide a sound credit solution for our clients. In addition, you will contribute as the subject matter expert to strategic initiatives. If you are intellectually curious and have a passion to drive solutions, you may be the perfect fit for our team.
Job Responsibilities
• Primary point of contact for assigned portfolio with close interaction with Client Advisors to deliver the best credit product solution with a sound credit structure
• Underwrite new credit and review annual review proposals for credit approval in compliance to prevailing credit policies as well as regulatory and jurisdictional requirements
• Analyze collateral pool and grade appropriately per credit policy, including ability to compare each transaction to credit policy in order to flag any credit exceptions or non-standard terms for review
• Maintain a consistently high level of awareness around any potential credit issues. Proactively resolve exceptions, including but not limited to margin call situations, credit exceptions and documentation exceptions
• Prepare/Review client credit documentation including but not limited to Pledge Security Agreements, Credit Facility Agreements, authority forms, registration
• Assist in strategic initiatives
• Coach and mentor junior team members
Required qualifications, capabilities, and skills
• At least 4 years’ of Private Banking credit risk and/or lending experience
• Bachelor’s Degree in Banking, Finance, Economics or other related disciplines
• Knowledge and/or experience of underwriting, lending value analysis, KYC and cross border issues
• Teamwork ethic and focus; ability to work under pressure and meet deadlines
• High level analytical skills - able to use qualitative and quantitative tools to analyze complex financial situations
• Strong communication (written/verbal) and interpersonal skills
• High level of attention to details in order to ensure all work adheres to credit policy
Preferred qualifications, capabilities, and skills
• Ability to influence and communicate with senior stakeholders
• Demonstrated ability to think like an owner
• Sound business judgment and risk sensitivity
• Good organizational skills and ability to work with minimal supervision
To apply for this position, please use the following URL:
https://ars2.equest.com/?response_id=b1cbbb1c09e068e4e7b9ae79edb610b7
