Risk Management - Credit Risk Associate
: Job Details :

When you join the Portfolio Management team, you accelerate your career by managing risk of high visibility Chase loans secured by commercial real estate properties. You will also become part of a highly collaborative team that prioritizes learning, professional development, inclusivity and mentorship.Job SummaryAs part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.As Credit Risk Associate in Portfolio Management, you will be expected to be fully proficient with commercial real estate finance concepts/principles and their application to various property types. Incumbents must be able to complete annual reviews on complex properties and borrowers to derive appropriate risk ratings and evaluate expected future performance. Associates will be expected to review annual property operating statements and rent roll/lease summary of properties securing Chase commercial real estate loans, and then compare the results of the operating analysis to local market conditions and underwriting in order to determine the overall performance of the property within the market and to identify any potential risk of default.Job Responsibilities Complete annual reviews on complex properties and borrowers to derive appropriate risk ratings and evaluate expected future performance Review annual property operating statements and rent roll/lease summary of properties securing Chase commercial real estate loans, and then compare the results of the operating analysis to local market conditions and underwriting in order to determine the overall performance of the property within the market and to identify any potential risk of default Document and support all concluded risk ratings Perform field property inspection identifying overall property condition with any associated risk issues Interact with Borrowers, Credit Executives, and other parties, both internal and external to Chase, to obtain applicable data to perform a complete analysis Excel in teamwork, including training of incoming Associates and acting as a liaison for current AssociatesRequired qualifications, capabilities, and skills Bachelor's Degree or equivalent experience Previous experience underwriting commercial real estate loans - or related analytical experience Previous experience in portfolio management, loan risk grading/ risk assessment Strong organizational and time-management skills - able to multitask, prioritize, and work with others in an integrated way to achieve individual objectives and team results Excellent written and verbal communication skills Set priorities, establish, and meet strict deadlines with flexibility to adapt quickly to changing prioritiesPreferred qualifications, capabilities, and skills Proficiency in Microsoft desktop tools including Word, Excel, Power Point and able to quickly acclimate to proprietary systems Experience performing property site inspections and related written reports