Commercial & Investment Banking Credit Officer

JPMorgan Chase - Plano, TX

Full-time - Mid Level

Remote - Plano, TX

Credit Intermediation and Related Activities

About the position

The Commercial & Investment Banking Credit Officer at JPMorgan Chase is responsible for analyzing financial data and assessing the risks associated with extending credit to corporations and specialty purpose corporations. This role involves collaboration with investment bankers, conducting due diligence, preparing detailed credit reports, and managing the credit approval process while mentoring junior team members.

Responsibilities

• Analyze financial data, financial statements, financial projections, and historical loan collateral data to determine credit risks.
• Calculate financial ratios and key performance indicators for credit evaluation.
• Perform qualitative risk assessments through due diligence meetings with clients.
• Collaborate with investment bankers to assess loan viability and structure lending terms.
• Prepare detailed reports on risks and creditworthiness for credit extension.
• Recommend credit decisions based on comprehensive credit reports.
• Collaborate with legal professionals, rating agencies, and financial auditors in the credit extension process.
• Develop and validate models for assessing cash flow protection related to credit extensions.
• Review legal documents to ensure compliance with approved credit terms.
• Manage the credit approval process and mentor junior team members.

Requirements

• Master's degree in Finance, Accounting, Risk Management, or related field plus 1 year of experience in a relevant role.
• Alternatively, a Bachelor's degree in Finance, Accounting, Risk Management, or related field plus 3 years of experience in a relevant role.
• Experience in underwriting credit risk for loans to specialty purpose corporations and finance companies.
• Ability to calculate and interpret financial ratios for creditworthiness assessment.
• Experience in analyzing collateral trends and performance data.
• Proficiency in creating cash flow models for loan repayment analysis.
• Strong report writing skills summarizing financial data and creditworthiness.

Nice-to-haves

• Experience with non-recourse and recourse loans.
• Familiarity with financial transaction processing and asset management.

Benefits

• Comprehensive health care coverage
• On-site health and wellness centers
• Retirement savings plan
• Backup childcare
• Tuition reimbursement
• Mental health support
• Financial coaching