CREDIT RISK MIDDLE OFFICE -Associate

Job Description

CRMO Description The span of Credit Risk is extremely wide and covers any business for which JPMorgan offers credit to clients or generates counterparty exposure through market trading. The credit risk of each client/counterparty is managed by a team ofCredit Officers that face both the client and the firms internal lines of business. Given the variety of services offered, the Credit Risk Middle Office (CRMO) provides specialist support in the management of credit risk for those individual services and,as a result, has exposure to a wide variety of products/internal groups. CRMO has a presence in New York, Delaware, Mumbai and Singapore with the Bournemouth team specifically covering derivatives stress & margining, Treasury Services and Investor Services.The role is in the Investor Services space with a focus on the credit structure of global Custody clients. Clients require several of forms of credit (e.g. intraday, overnight and settlement overdrafts) to facilitate their operational use of JPMorgan securityaccounts and additional services. CRMO ensures that the structure is managed within the firms risk appetite from the initial onboarding through to any client exits alongside partners in Credit Risk, Product Risk, Sales and Client Services among others. Thesuccessful candidate will have the opportunity to broaden their knowledge in terms of the services offered by the firm to clients (Custody primarily but also derivatives and TS) and various risk analysis/management practices. In addition to having exposureto a range of stakeholders in the primary locations, the Bournemouth team is also located alongside the other risk stripes (e.g. market risk, liquidity risk) to allow for knowledge sharing and internal mobility within the site. Position Summary This roleis based in Bournemouth which facilitates the EMEA (Europe, Middle East, and Africa) Credit Risk support for the TS / Custody / F&O / OTC derivatives businesses. The successful candidate will work closely with a range of groups within the Custody business,Risk Management, Technology, Projects and other Middle Office stakeholders. Roles and Responsibilities: Face off to senior management within CRMO and Business at ED / MD level as a subject matter expert and point of contact for all EMEA Custody related matters.Drive initiatives to improve the groups efficiency and controls through engagement with stakeholders and technology. Support the global onboarding of new clients and incremental funds to the firms Custody business. Credit Risks approval is required forall new onboardings so much of the teams workflow is driven by new business for which Sales have initiated the operational implementation. Perform credit reviews on new funds based on the investment strategy detailed in the funds prospectus, financials,legal documentation and fund category. Ensure that any credit extended is within the firms risk appetite with regard to the products offered and client in question. This is achieved through analysis of assets under custody and historical utilisation of facilitiesalready in place. Monitor and manage the ongoing credit structure of the firms Custody clients in E2E relationship with J.P.Morgan. Qualifications: Proven ability to make complex decisions based on experience, analysis and judgment. Flexible, process-oriented,organised, with excellent analytical & troubleshooting skills. Strong written and verbal skills with ability to articulate thoughts ideas clearly and succinctly. Team player who works well with colleagues at various levels, across regional / global locationsto get the job done. Ability to work independently under pressure, prioritise multiple tasks and perform time sensitive tasks to completion. Controls oriented to appreciate the regulatory and reputation impact where gaps are not address appropriately. Productknowledge or experience in Investor Services / Custody / Risk is highly preferred. Educated to degree standard or 5+ years experience in Financial Services environment. About Us J.P. Morgan is a global leader in financial services, providing strategic adviceand products to the worlds most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-termpartnerships to help our clients achieve their business objectives. 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 placea 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 veteranstatus, 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 physicaldisability needs. About the Team Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that were setting our businesses,clients, customers and employees up for success. Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes anddetermining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.