JP Morgan Chase & Co.

Credit Support Manager II

JP Morgan Chase & Co. • $90K — $120K *
Chicago, IL 60603In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 3+ years of experience in credit analysis or financial services with a focus on financial covenants and defaults.
  • Proficient knowledge of secured lending products, especially borrowing base facilities.
  • Ability to independently calculate cash flow and leverage ratios per credit agreements.
  • Experience in maintaining quality control and service level agreements in finance.
  • Advanced MS Office skills, especially in Excel for financial analysis.

Responsibilities

  • Analyze financial covenants in credit agreements to ensure borrower compliance and detect defaults.
  • Conduct thorough credit analysis and monitor borrower compliance within a portfolio.
  • Independently calculate cash flow and leverage ratios in accordance with credit terms.
  • Deepen understanding of secured lending products to enhance credit support quality.
  • Ensure quality control standards and service level agreements are met with business partners.

Benefits

  • Opportunities for professional development and career advancement.
  • Access to a collaborative work environment with a diverse team.
  • Participation in process improvement initiatives to enhance work efficiency.
Full Job Description
JOB DESCRIPTION
As a Credit Support Manager II within JPMorganChase, you will ensure compliance with credit agreement terms for a portfolio of borrowers. Your expertise in financial covenants is crucial for assessing borrower adherence and identifying defaults. You apply critical thinking to analyze complex agreements and use emotional intelligence to build relationships with stakeholders. Managing conflicts and maintaining resiliency are essential, along with employing strategic planning skills to guide the organization's direction. Your time management and organizational skills are vital for efficiently managing tasks and significantly impacting team and department goals.

Job responsibilities
  • Analyze and interpret financial and other covenants in credit agreements to assess borrower compliance and identify potential defaults, applying advanced critical thinking skills.
  • Conduct comprehensive credit analysis, reviewing documentation and monitoring ongoing compliance with financial covenants within an assigned portfolio of borrowers.
  • Calculate cash flow and leverage ratios independently, in accordance with specific terms laid out in credit agreements, utilizing advanced strategic planning skills.
  • Develop and maintain a deep understanding of secured lending products, including borrowing base credit facilities, to enhance the quality of credit support services.
  • Ensure adherence to quality control standards and service level agreements with internal business partners, demonstrating proficiency in time management and organization.
Required qualifications, capabilities, and skills
  • Expertise in credit analysis or related financial services, with over three years of experience focusing on interpreting financial covenants and identifying potential defaults.
  • Proficient in secured lending products, including borrowing base credit facilities, and their application in credit support services.
  • Skilled in independently calculating cash flow and leverage ratios according to credit agreement terms.
  • Experienced in maintaining adherence to quality control standards and service level agreements within a financial services environment.
  • Advanced proficiency in using MS Office tools, particularly MS Excel, for financial analysis and reporting.
Preferred qualifications, capabilities, and skills
  • Proficient in driving continuous improvement and process automation to optimize lending workflows and efficiency.
  • Strong digital literacy skills for effective use of technology in lending services.
  • Skilled in creating quantitative reports to track lending performance and support strategic planning.
  • Proven ability to lead project management efforts, ensuring the successful execution of lending service initiatives.

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Finance & Insurance
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ
CCF
* Ladders Estimates

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