J.P. MorganEmployer profile
Credit Risk Analyst - Quality Assurance
Location not specified · 1–5 yrs
Experience- 1–5 yrs
Salary- Not disclosed
Location- Location not specified
- Work mode
- Not specified
- Job type
- Full-time
Apply by- Closing date not listed
- Posted
- 14 May 7
About this role
Job DescriptionJob Responsibilities:
- The incumbent will be analyzing various reports, procedures, and output of the Portfolio Management (PM) and Underwriting team’s actions, to determine compliance with procedures during these activities
- The incumbent will test processes for the PM and Underwriting team related to annual loan reviews, systems use, vendor delivered inspections and any other process designated for testing
- They will partner with team-members and managers to communicate areas of concern, escalate areas where training is needed, and will participate in process improvement projects in response to testing results.
- Review portfolio management inspection source documents and compare the information from those documents to data in PM systems to perform QC of all vendor generated inspections
- Utilize multiple exception reports to test processes for the Portfolio Management team in order to track quality, provide feedback and document test results
- Complete Quality Control Reviews in QIP Database or SharePoint lists, ensuring data in the system of record is accurate and complete
- Demonstrate the ability to function in a joint, cooperative manner; share information with co-workers and peers and support department and team plans, programs and policies. Perform special projects and assignments as directed, including working with teams assigned to larger initiatives. Perform special projects and assignments as directed, including working with teams assigned to larger initiatives
- Bachelor’s degree with 1-5years of financial services, audit, credit underwriting, accounting control, regulatory, compliance, or equivalent experience is preferred
- Financial services industry knowledge with regulatory practices, including lending, loan processing, and support operations
- Strong understanding of accounting and finance concepts
- Analytical mindset with the ability to probe sensitive issues while maintaining the highest levels of integrity and objectivity
- Strong oral and written communication skills
- Demonstrated decision-making skills; accurate and attentive to detail. Ability to organize and prioritize work; handle multiple tasks concurrently
- Productivity and flexibility through shifting priorities and deadlines. Intermediate use of Microsoft Word, Excel, Access is a plus. Familiarity with CREAM, SMART, ICRD, Ivault, is a plus. Understanding of the US Real Estate Market is a strong Positive
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 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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
About The Team
Commercial Banking is focused on helping our clients succeed and making a positive difference in our communities. We provide credit and financing, treasury and payment services, international banking and real estate services to clients including corporations, municipalities, institutions, real estate investors and owners, and nonprofit organizations.
Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.