Risk Management - Public Finance Associate

Bring your expertise to JPMorgan Chase. As 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, leveraging data and technology, challenging the status quo and striving to be best-in-class.As Public Finance Associate in the Wholesale Credit Risk organization, you will work directly on direct lending transaction and portfolio management including analyzing financial statements, monitoring industry changes, preparing credit approval memos, joining discussions with senior credit officers and bankers and setting up credit facilities in accordance with the Bank's policies. The Wholesale Credit Risk Public Finance Team manages financial exposure to a client base consisting of central, state and local governments, airports, not-for-profit healthcare entities, institutions of higher education and non-profit entities in the United States. Our team provides extensive diligence, document negotiation, risk grading and ultimate credit approval of new transactions, including taxable and tax-exempt credit structures, derivatives and securities trading relationships, intraday liquidity facilities and other credit exposures.Job Responsibilities

Manage and monitor a portfolio of client credit exposures, across industry classes, on an ongoing basis

Provide ownership of client credit needs and projects and be able to develop and recommend a credit view

Conduct credit analysis and seek approval for all transactions, including loans, derivatives and operating exposures as part of a deal team

Work directly on transactions including review of legal documentation for bilateral and syndicated finance structures.

Build strong relationships and maintain open communication channels with colleagues across the firm, including Bankers, Operations and Legal

Keep abreast of changing legislation, governmental actions and economic trends that impact various US Public Finance clients

Manage the credit due diligence process for clients

Prepare and review written credit approval documents, which include financials analysis and modeling

Train, mentor and develop analysts and other junior members of the team

Help drive and support a culture of innovation and continuous efficiency improvement

Required Qualifications, Capabilities and Skills

Bachelor's degree

3 years of relevant work experience in financial analysis, credit risk or economic research, coupled with an interest in the public sector and municipal finance

Prior experience with traditional credit products, credit agreements and other loan documentation

Strong understanding of financial reporting, including ability to analyze financial statements and projections

Ability to think independently and critically with analytical curiosity, problem-solving and research skills

Ability to work in a team environment, as well as independently, with a willingness to learn and support team initiatives

Proficiency in Microsoft Office Suite, especially Excel, PowerPoint and Word

Preferred Qualifications, Capabilities and Skills

Academic training in the principals of accounting, financial capital market products, public administration and macroeconomics

Prior experience with US Public Finance is desirable

Outstanding verbal and written communication, along with strong inter-personal skills

Ability to effectively present analysis and interact with key stakeholders

Deadline orientation; close attention to detail and accuracy; ability to perform under pressure

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.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.JPMorgan Chase is an Equal Opportunity Employer, including Disability/VeteransBase Pay/SalaryNY $125,000.00 - $150,000.00 / year