Credit Support Specialist

Location: Bengaluru, Karnataka, India

Job Family: Lending Services

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of delivering innovative solutions to clients worldwide. As a Credit Support Specialist in our Lending Services team based in Bengaluru, Karnataka, India, you will play a pivotal role in ensuring the integrity and compliance of our extensive credit portfolio. This position involves assessing adherence to credit agreement terms for a diverse range of corporate and institutional borrowers, leveraging your expertise in financial analysis to mitigate risks and support sustainable lending practices. You will contribute to one of the world's most respected financial institutions, where your work directly impacts client relationships and the firm's risk management framework. Your primary focus will be on monitoring and evaluating loan covenants, financial health of borrowers, and overall portfolio compliance. This includes conducting thorough reviews of financial statements, identifying potential breaches, and collaborating with cross-functional teams to implement corrective actions. In this dynamic environment, you will utilize JP Morgan's advanced analytical tools to generate insights that inform decision-making at senior levels. The role demands a keen eye for detail and a proactive approach to risk identification, ensuring that our lending activities align with both internal policies and global regulatory standards such as those set by the Reserve Bank of India and international bodies. Joining JP Morgan Chase offers unparalleled opportunities for growth in the financial services sector. You will work in a collaborative, inclusive culture that values innovation and professional development, with access to world-class training and mentorship. This position is ideal for motivated professionals passionate about credit risk and compliance, providing a platform to advance your career while contributing to the firm's mission of powering the progress of economies and communities around the globe.

Key Responsibilities

• Assess and monitor compliance with credit agreement terms for an assigned portfolio of corporate and institutional clients
• Review loan documentation, covenants, and financial statements to identify potential risks or breaches
• Conduct regular portfolio reviews and prepare detailed reports on compliance status for senior management
• Collaborate with relationship managers, legal teams, and risk officers to resolve compliance issues
• Perform financial analysis and stress testing on borrower financials to ensure adherence to lending criteria
• Maintain accurate records in JP Morgan's internal systems and ensure timely updates on portfolio changes
• Support audit processes by providing compliance documentation and responding to regulatory inquiries
• Identify opportunities for process improvements in credit monitoring and risk assessment
• Assist in training junior team members on credit support best practices
• Stay updated on evolving credit regulations and industry trends to enhance portfolio management

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field
• Minimum of 2-3 years of experience in credit analysis, lending services, or compliance in the financial services industry
• Strong understanding of credit agreements, loan documentation, and regulatory requirements in banking
• Proficiency in financial modeling and analysis tools
• Excellent attention to detail and analytical skills
• Ability to work independently and manage multiple priorities in a fast-paced environment
• Fluency in English; knowledge of local Indian financial regulations is advantageous

Preferred Qualifications

• Advanced degree (MBA or equivalent) in Finance or related discipline
• Experience with JP Morgan Chase systems or similar banking platforms
• Certification in credit risk management (e.g., CFA Level 1 or CRMP)
• Prior exposure to syndicated loans or corporate lending portfolios
• Familiarity with international credit standards and Basel regulations

Required Skills

• Credit analysis and financial statement review
• Knowledge of loan covenants and credit agreements
• Proficiency in Microsoft Excel and financial modeling
• Analytical thinking and problem-solving
• Attention to detail and accuracy in reporting
• Strong communication skills, both written and verbal
• Regulatory compliance and risk assessment
• Time management and prioritization
• Team collaboration and stakeholder management
• Data interpretation and trend analysis
• Familiarity with banking software (e.g., Loan IQ or similar)
• Adaptability to changing financial regulations
• Ethical judgment in handling sensitive financial data
• Project management for portfolio reviews
• Basic understanding of international finance standards

Benefits

• Competitive base salary and performance-based bonuses aligned with JP Morgan's global standards
• Comprehensive health insurance coverage including medical, dental, and vision for employees and dependents
• Retirement savings plan with employer matching contributions
• Paid time off, including vacation, sick leave, and parental leave policies
• Professional development opportunities through JP Morgan's learning programs and certifications
• Employee wellness programs, including gym memberships and mental health support
• Flexible work arrangements and hybrid options for work-life balance
• Global mobility programs and career advancement within JP Morgan Chase

JP Morgan Chase is an equal opportunity employer.