Risk Management- Wholesale Credit Risk - Product Associate

Location: Plano, TX, United States

Job Family: Associates

About the Role

At JPMorgan Chase, we are a leading global financial services firm with a strong commitment to innovation and risk management. As a Product Associate in Wholesale Credit Risk, you will join the Product Team within our Corporate & Investment Bank division, playing a pivotal role in safeguarding the firm's wholesale lending portfolio. Based in our state-of-the-art facility in Plano, Texas, this position offers the opportunity to contribute to high-impact projects that support our clients' growth while mitigating financial risks in a dynamic industry landscape. You will work closely with experienced professionals to analyze credit exposures for large corporate clients, leveraging advanced tools and methodologies to ensure robust risk oversight. Your day-to-day responsibilities will include performing in-depth credit assessments, developing risk models tailored to wholesale products like syndicated loans and trade finance, and monitoring portfolio health amid economic fluctuations. You will collaborate with cross-functional teams, including underwriters and compliance experts, to implement strategies that align with JPMorgan Chase's rigorous risk appetite framework. This role demands a keen eye for detail and the ability to translate complex data into actionable insights, contributing to regulatory reporting and internal governance processes that uphold our reputation as a trusted financial partner. We value associates who thrive in a collaborative, fast-paced environment and are passionate about the intersection of finance and technology. This position provides exposure to senior leadership and opportunities for career advancement within JPMorgan Chase's global network. If you are ready to make a meaningful impact on wholesale credit risk management, join us in Plano to help drive the firm's success in serving premier clients worldwide.

Key Responsibilities

• Conduct comprehensive credit risk assessments for wholesale lending portfolios, including analysis of borrower financials and industry risks
• Collaborate with the Product Team to develop and enhance credit risk models and methodologies specific to JPMorgan Chase's wholesale products
• Monitor and report on credit exposures, early warning indicators, and portfolio performance to senior management
• Support the implementation of risk mitigation strategies and recommend adjustments to lending policies
• Analyze market trends and regulatory changes impacting wholesale credit risk, providing insights for strategic decision-making
• Assist in the preparation of risk reports and presentations for internal stakeholders and regulatory bodies
• Participate in due diligence processes for new business opportunities and portfolio reviews
• Contribute to the ongoing training and development of junior team members on credit risk best practices
• Ensure compliance with JPMorgan Chase's risk governance standards and internal controls
• Leverage data analytics to identify potential risks and opportunities within the wholesale credit domain

Required Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field
• Minimum of 2-3 years of experience in credit risk management, wholesale lending, or financial services
• Strong understanding of credit analysis, risk assessment, and regulatory requirements in banking
• Proficiency in financial modeling and data analysis tools
• Excellent analytical and problem-solving skills
• Ability to work collaboratively in a team environment
• Commitment to ethical standards and compliance in financial risk management

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) or relevant certifications (e.g., CFA, FRM)
• Experience in wholesale credit products at a major financial institution
• Knowledge of JPMorgan Chase's risk management frameworks and policies
• Prior exposure to large corporate lending and portfolio management
• Familiarity with Basel III regulations and stress testing methodologies

Required Skills

• Credit analysis and financial statement review
• Risk modeling and quantitative analysis
• Data interpretation using Excel and SQL
• Regulatory knowledge (e.g., Dodd-Frank, Basel accords)
• Portfolio management and stress testing
• Strong written and verbal communication
• Analytical thinking and attention to detail
• Team collaboration and stakeholder management
• Proficiency in financial software (e.g., Moody's Analytics, Bloomberg)
• Problem-solving in high-pressure environments
• Ethical decision-making and compliance adherence
• Project management and organizational skills
• Adaptability to evolving market conditions
• Basic programming knowledge (e.g., Python or R for risk analytics)

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company matching
• Paid time off, including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement for advanced education
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness programs at JPMorgan Chase facilities
• Flexible work arrangements and hybrid work options in Plano, TX

JP Morgan Chase is an equal opportunity employer.