Our Business The Wealth Management Credit Platform Service Support Team reports into Private Banking (PB) Credit Platform Services. The Team is responsible for ensuring that credit facility information is entered accurately from source documentation before circulating the proposal for approval
Position Description:
In this role, you will primarily support the JPMorgan Wealth Management Domestic credit business. You will work directly with Lending Specialists, Analysts, Underwriters and Credit Officers throughout the credit approval process. Your primary responsibilities and functions are as follows:
Partner with Underwriters and Lending Specialists to capture terms and conditions stipulated in the credit approval and legal documentation into the corporate credit platform
Establish and monitor proper linkages between the Corporation Credit Systems - EN, Client Central, ACBS, as well as between EN and GPB proprietary systems - CMW/CWS, Omni, Olympic, etc.
Coordinate with internal staff (Underwriters, Lending Specialists, and Wholesale Loan Services) and external constituencies (customer, legal counsel) to ensure approved facilities are correctly booked for loan closings.
Coordinates the global approval for cross LOB requests to include exposure to customers that are managed by units outside of the family responsibility area
Ensure that Country of Risk allocations are accurate and/or that Senior Country Officer concurrence is obtained, if required.
Assist in issuance of letters of credit and amendments and monitor/manage ARC LC queues for approvals of new and evergreen LCs
Manage and monitor credit exposure information on the corporate credit platforms - FDR/EN, Client Central, SELM (fx/derivatives)
Coordinate all administrative aspects of portfolio management on a day to day basis including, but not limited to, identifying unlinked outstandings, overlimits, temporary facility extension or increases.
Support the information needs as a result of internal and external examinations, portfolio reviews, credit audits and quality reviews.
Manage market and LOB transfers as clients and facilities are moved to new markets or to other LOBs outside of PB
Creation of and maintaining client information records in internal systems
Partnership Teams
Participate on special initiatives in response to emerging credit, market and technology events
Develop and enhance partnership relationships and to achieve process improvements (a) between the Underwriter, Lending Specialists, Analysts, Wholesale Loan Services, Letter of Credit Team and other product and service groups who support Global Private Bank clients
Qualifications
Excellent communications skills, both written and verbal
Ability to multi-task and reprioritize work and demands throughout the day
Excellent relationship building skills
Ability to interact with varying levels throughout the organization
Self-starter with the ability to not only recognize tasks to complete but also how best to effectively and efficiently complete them
The ability to recognize work in the pipeline and willing to work to completion
B.A., B.S., or relevant work experience
MS Office, MS excel
It's preferred Candidates have the following experience:
General understanding of credit concepts
General understanding of FX and participations/syndications
Experience using the Credit Risk Infrastructure tools and applications (ICRD, Party Central, Work hub)
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.
