Job Description Operations Analyst - AM-Credit Risk Management EMEA-140017062 Job Description This team primarily supports the JPMorgan Private Banking credit business. The team is responsible for the administration and the maintenance of Private Banking credit facilities and exposures in line with Corporate Credit policy. The functions performed by this team are critical to protecting the bank from potential credit losses. Individuals may work directly with Capital Advisors, Analysts, Credit Officers, Mortgage Advisors, and other internal/external partners throughout the credit life cycle Supported functions include but are not limited to the following: Documentation Preparation and Review Client & Facility Set-up and Maintenance Annual Review Coordination Exception Tracking & Escalation Coordination Data Report Generation Data Entry and Quality Review Vendor Work Ordering & Invoice Processing Covenant Process Coordination Application Folder Maintenance Collateral Monitoring The team will be responsible for the following: Setup client and line of credit facilities in the credit systems while confirming that all required credit documentation is complete. Produce quality documentation and edits, cross-regionally, on all standard and non standard loan types, including but not limited to: Unsecured, Real Estate (footprint and non-footprint states), Marketable Securities, and Business Assets and Titled Collateral Ensure compliance to Private Banking guidelines/policy and Federal Lending Regulations (FSA, Basel II, FIRREA, Reg Z., MDIA). Use available resources to find, review, and set-up loan covenants, and use the information to prepare quality Covenant Agreements and Loan Agreements. Review current and pending exceptions to covenant agreement terms that occur. Confirm their accuracy and proactively identify an appropriate resolution prior to escalation to extended team members to highlight to Underwriters and Bankers for resolution. Ensure that credit risk recommendations and mitigations are implemented. Partner with Capital Advisors and Analysts to capture terms and conditions stipulated in the credit approval and legal documentation into the corporate credit platform (via ARC). Coordinate all aspects of portfolio management on a daily basis including, but not limited to, maturing facilities, client annual reviews, unlinked outstandings, overlimits, temporary facility extensions or increases, document exceptions, covenant exceptions. Manage market and LOB transfers as clients and facilities are moved to new markets or to other LOBs outside of PB. Create Legal and the Credit File and Compliance Deal Folders for all facilities within Dealworks and file completed ARC proposals. Master CRRT and CWS reporting to support data and analytical needs. Responsible for maintaining critical Client credit data in Corporate Systems. Support Credit and Capital Advisory requests for targeted data summaries and portfolio risk analysis. Receive and review pre/post closing legal packages, comparing the legally documented terms and conditions to those stipulated in the credit approval memo and ARC, ensuring accuracy. Create / contribute transmittal / QCC when appropriate. Qualifications Essential Skills & Experience -- include specifics regarding academic/ professional qualifications (e.g. degree, university, results), # yrs total and # yrs relevant work experience, relevant employers, relevant experience (nature of work/ job functions) Strong organizational and interpersonal skills Highly detail and results oriented Strong verbal and written communication Strong analytic skill Self-motivated and able to work independently Ability to multi-task and reprioritize work Ability to interact with varying levels throughout the organization Ability to recognize work in the pipeline and willing to work to completion Data mining MS Office Languages: English is mandatory B.A., B.S., in relevant field Preferred Skills & Experience - include specifics, as above Ability to perform in a fast paced environment and handle multiple tasks through effective prioritization General understanding of credit concepts General understanding of derivatives, FX and participations/syndications General understanding of credit legal issues and be able to quickly determine sensitivity to business risk Prior exposure to traditional credit products and traditional credit product loan documentation a plus Experience using the Credit Risk Infrastructure tools and applications (ARC, EN, SRGT, CRRT, OWL, SELM, etc) a plus Minimum 2 years prior experience in a related position Competencies: Leadership - Leads by example and is an effective role model (e.g. takes the lead and actions reflect an appropriate level of independence; demonstrates the ability to initiate and effect change and continuous improvement, contributes significantly to the on-going development of people. Thinking Strategically - Be able to drive positive changes, promote ownership and demonstrate My business Mentality. Manages Relationships through inclusivity and is able to actively manage stake holders and demonstrate collaborative team work. Communication - Is organized, clear and confident in written and oral communications. Actively engages in discussions offering expertise, opinions, advice and is able to communicate incisively at all levels. Teamwork - Creates and/or contributes to an environment of collaboration and mutual responsibility (e.g. effectively influences others to gain cooperation and address issues; initiates and is responsive to requests from other products, regions, etc.) Should be creative and innovative; challenges status quo; generates strategic advice/product/client solutions Job Operations Management Primary LocationIN-MH-Mumbai-Prism Towers / 31002 Organization ASSET MANAGEMENT Schedule Full-time Job Type Standard Shift Night Job Employee Status Regular
Posted on: Wed, 19 Mar 2014 15:06:12 +0000
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