Risk Management - Credit Risk, Credit Officer - Agency & Institutional Capital - Associate
JPMorganChase
Bengaluru, Karnataka, India
As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase strong and resilient. You help the firm grow its business responsibly by anticipating new and emerging risks, and using your expert judgment 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 an Associate in the Risk Management – Multifamily Credit Risk team, you will leverage your credit training and previous experience with Fannie Mae and Freddie Mac multifamily loans to assess the creditworthiness of clients, properties, and markets for new loan originations.
Job Responsibilities
- Evaluate credit risk and support underwriting of Freddie Mac and Fannie Mae conventional and small loan requests for various multifamily asset types nationwide, with thorough product knowledge of Agency guidelines.
- Work independently on assigned transactions, timelines, and deal teams during the due diligence process with minimal supervision.
- Effectively communicate and collaborate with analysts, transaction managers, and other key stakeholders.
- Analyze property historical financial statements, budgets, rent rolls, third-party reports, and market data.
- Analyze borrower organizational structure and required parties’ financial statements, schedules of real estate owned, contingent liabilities, and credit histories.
- Identify and analyze due diligence documents and third-party reports (appraisal, engineering, environmental, and zoning reports) required for loan submission and approval.
- Stay current on firm-wide risk policies, procedures, and guidelines, ensuring all governance, reporting, and data quality requirements are met and maintained.
Required Qualifications, Skills, And Capabilities
- 1–5 years of experience in credit risk.
- Attitude and aptitude to learn and enhance knowledge of credit originations.
- Strong verbal, written, and interpersonal skills.
- Strong analytical and problem-solving skills.
- Deadline orientation, strong attention to detail, and high accuracy.
Preferred Qualifications, Skills, And Capabilities
- Completion of a major corporate or commercial bank credit training program.
- Experience underwriting commercial real estate properties according to GSE (FNMA/FHLMC) guidelines.
- Experience using CLOSER (Commercial Loan Origination Securitization Enterprise Reporting).
JPMorganChase, 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. 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.
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
The Associate will be part of the Commercial Real Estate Agency & Institutional Capital India Risk team and will be responsible for supporting the underwriting of new loans for multifamily (MFL) properties in the US in accordance with GSE guidelines.