Private Bank Credit Operations - Analyst
Aumni
IT, Operations
Hong Kong
Posted on Sep 26, 2024
Job Description
Are you looking for an exciting opportunity to join a dynamic and growing team in a fast-paced and challenging area? You have found the right team!
As an Analyst in the Private Bank Credit Operations, you will work closely with Securities Based Lending (SBL) Lenders, Lending Advisors, and Credit Risk Executives to deliver excellent client service, facilitate the origination of loans, monitor credit risk exposures, and provide comprehensive credit solutions for clients of the Private Bank's Ultra High Net Worth market teams.
Job Responsibilities:
- Assist SBL Lenders in underwriting all facilities secured by clients’ investment portfolios, including new requests, annual reviews, and monitoring of ongoing credit risk events such as margin calls, document credit exceptions, and unauthorized excesses in accordance with the Credit and Risk policies of the Private Bank.
- Analyze collateral pool and grade appropriately per credit policy, including ability to flag any credit exceptions or non-standard terms for review
- Handle credit documentation, including preparation, liaising with internal legal on documentation drafting, signature verification, scanning, and filing.
- Monitor and review the loan portfolio, regularize excesses (shortfalls) as per the Credit guidelines, regulations, credit policies, and guidelines.
- Collaborate closely with the Credit Underwriting team, Credit Executives, and other stakeholders on exception handling for credit facilities extended to Asia Private Banking clients.
- Assist Lenders in pipeline management and other strategic initiatives.
- Explore and develop automation opportunities for existing reports using Intelligent Automation tools like Alteryx, Python, Unqork, UiPath and Xceptor.
Required Qualifications, Capabilities, and Skills:
- Bachelor’s degree in Business, Finance, or related disciplines
- Maximum 2 years of relevant work experience in Credit Risk or Lending in a financial institution
- High-level analytical skills - able to use qualitative and quantitative tools to analyze complex financial situations.
- Strong communication (written/verbal) and interpersonal skills.
- High level of attention to detail with good time management.
- Teamwork ethic and focus; ability to work under pressure and meet deadlines.
- Good organizational skills and ability to work with minimal supervision.
- Demonstrated interest in financial markets and understanding of risk measures.
Preferred Qualifications, Capabilities, and Skills:
- Hands on knowledge of credit documentation preparation is a plus
- Knowledge and/or experience of KYC and cross-border regulatory issues.
- Good understanding of PB credit products, financial markets, and the securities industry.
- Proficiency in Tableau, Alteryx, Python would be a strong plus.
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s 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-term partnerships 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 place a 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 veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
About the Team
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.