JP Morgan Chase & Co.

Risk Management - Credit Officer - Associate

JP Morgan Chase & Co.$90K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years in commercial real estate lending or 3+ years in banking/finance
  • Strong grasp of multifamily property valuations and cash flows
  • Proficient in financial analysis involving cash flows and valuations
  • Proven ability to thrive in fast-paced, detail-oriented teams
  • Excellent verbal and written communication skills
  • Strong organizational skills for managing credit processes
  • Skilled in Microsoft Office and adaptable to new systems

Responsibilities

  • Oversee credit analysis for multifamily commercial real estate loans
  • Evaluate and manage transaction risks
  • Build relationships with internal stakeholders across various teams
  • Understand relevant policies and regulatory requirements
  • Utilize data analysis to provide insights to management
  • Stay updated on industry trends in credit risk management

Benefits

  • Collaborative team environment focused on learning and development
  • Emphasis on inclusivity and mentorship
  • Work in a dynamic, high-volume setting
  • Exposure to a range of multifamily loan transactions from $1MM to $25MM+
Full Job Description
JOB DESCRIPTION

As an Associate Credit Officer within the Credit Risk team, you will play an important role in evaluating and identifying risks, as well as interpreting data to support management in making well-informed credit decisions on post-closing multifamily commercial real estate loan requests. You will operate in a dynamic, high-volume, and fast-paced environment, analyzing and underwriting loans ranging from $1MM to $25MM+. You will be part of a highly collaborative team that prioritizes learning, professional development, inclusivity, and mentorship.

Job Responsibilities

  • Oversee all aspects of credit analysis on post-closing commercial real estate/multifamily loans.
  • Evaluate and manage risks in each transaction.
  • Build and maintain strong relationships with internal business stakeholders including sales, processing, closing, and legal.
  • Gain a thorough understanding of relevant policies, standards, procedures, and regulatory requirements.
  • Apply data analysis techniques to interpret results and provide insights and recommendations to management.
  • Keep up with industry trends and best practices in credit risk management to enhance decision-making and maintain a competitive edge.

Requiredqualifications,capabilities, andskills:

  • Minimum 2+ years of experience in commercial real estate lending or 3+ years of other banking/finance experience.
  • Good understanding of multifamily real estate property valuations and cash flow analysis.
  • Strong financial analysis skills, including evaluating property cash flows, property valuation, and personal financial statements.
  • Demonstrated success in thriving within a fast-paced, collaborative environment while maintaining a high level of attention to detail.
  • Excellent verbal/written communication and problem-solving skills.
  • Ability to prioritize, plan, and manage processes to complete credit analysis and other assignments as needed.
  • Proficiency in Microsoft Word, Excel, and PowerPoint, with the ability to quickly adapt to proprietary systems

Preferred qualifications, capabilities, and skills:

  • Bachelor's degree in accounting, finance, economics, or real estate is preferred.
  • Familiarity with regional markets and municipal regulations.

 

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.

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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
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

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