CB Credit Risk Associate

Location: Bengaluru, Karnataka, India

Job Family: Credit Risk

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a strong presence in Commercial Banking (CB), where we provide tailored financing solutions to mid-sized businesses worldwide. As a CB Credit Risk Associate in our Bengaluru office, you will play a pivotal role in supporting the CB Credit Risk Officer by evaluating and managing credit risks for a diverse portfolio of corporate clients. This position offers the opportunity to work in a dynamic, collaborative environment, leveraging cutting-edge risk management tools to drive informed decision-making in one of the world's most innovative banks. You will contribute to the growth of our Commercial Banking division in India, ensuring that our lending practices align with both client needs and our rigorous risk standards. Your primary focus will be on performing in-depth credit analyses, including reviewing financial statements, assessing collateral, and modeling potential risks under various scenarios. You will partner closely with front-office teams to structure deals that balance profitability with prudence, while adhering to global standards like Basel III and local RBI regulations. In this role, you will also monitor ongoing portfolio health, escalate issues promptly, and support the preparation of credit approvals for senior leadership. This is an ideal opportunity for a detail-oriented professional passionate about financial risk to gain exposure to international markets and sophisticated banking operations at JP Morgan Chase. Joining our Bengaluru team means becoming part of a supportive culture that values innovation, diversity, and professional growth. We offer robust training programs, mentorship from experienced risk officers, and the chance to work on high-impact projects that shape our clients' success. If you thrive in a fast-paced setting and are committed to upholding the highest standards of integrity, this role will allow you to advance your career while contributing to JP Morgan Chase's mission of enabling economic progress.

Key Responsibilities

• Conduct thorough credit risk assessments for commercial banking clients, including analysis of financial statements, cash flows, and industry risks
• Develop and recommend credit structures, limits, and pricing for new and existing deals in alignment with JP Morgan Chase's risk appetite
• Monitor portfolio performance, identify early warning signs of credit deterioration, and recommend mitigation strategies
• Collaborate with relationship managers, legal, and compliance teams to ensure seamless deal execution and regulatory adherence
• Prepare detailed credit memos and presentations for senior management and credit committees
• Utilize advanced analytics and stress testing to evaluate portfolio risks under various economic scenarios
• Support the implementation of credit policies and procedures specific to the Commercial Banking division
• Contribute to ad-hoc projects, such as portfolio reviews or regulatory reporting for the Bengaluru team
• Stay updated on market trends, regulatory changes, and competitive landscapes to inform risk decisions

Required Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field
• Minimum of 2-3 years of experience in credit risk analysis, underwriting, or portfolio management within the financial services industry
• Strong understanding of commercial banking products, including loans, lines of credit, and trade finance
• Proficiency in financial modeling and credit assessment methodologies
• Knowledge of regulatory frameworks such as Basel III, RBI guidelines, and IFRS 9
• Excellent analytical skills with the ability to interpret financial statements and credit reports
• Fluency in English; additional languages like Hindi or regional languages are a plus

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) from a recognized institution
• Experience working in a global banking environment, preferably with multinational clients
• Certification in credit risk management, such as CFA or FRM
• Prior exposure to JP Morgan Chase's risk management systems or similar tools
• Familiarity with data analytics tools for risk modeling in commercial banking

Required Skills

• Financial analysis and modeling
• Credit underwriting and risk assessment
• Knowledge of banking regulations (Basel, RBI)
• Data analytics and visualization (Excel, SQL)
• Attention to detail and accuracy
• Strong communication (written and verbal)
• Problem-solving and critical thinking
• Team collaboration and stakeholder management
• Time management in fast-paced environments
• Proficiency in Microsoft Office Suite
• Understanding of economic and market trends
• Risk mitigation strategy development
• Report writing and presentation skills
• Adaptability to regulatory changes
• Ethical judgment in high-stakes decisions

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health insurance coverage for employees and dependents, including medical, dental, and vision
• Retirement savings plan with employer matching contributions
• Paid time off, including vacation, sick leave, and parental leave
• Professional development programs, including tuition reimbursement and access to JP Morgan's internal training
• Employee stock purchase plan and other financial wellness benefits
• Flexible work arrangements, including hybrid options in Bengaluru
• Wellness programs, gym memberships, and mental health support services

JP Morgan Chase is an equal opportunity employer.