Our business Credit Risk is the risk of loss if a client fails to honour their obligations. It is an element of virtually every service and product we provide to our clients. We organise ourselves in a way that's unique in our industry. By combining the credit analysis, mitigation and decision making functions and private side management and monitoring, we are able to offer our clients (not to mention our graduates) a holistic view of risk management.
Credit Risk is an integral part of a broader investment banking platform that enables J.P. Morgan to deliver the most complete and innovative financial solutions in the industry. Credit Risk works closely with businesses and functions across the Corporate and Investment Bank including Derivatives, Treasury Services, Client Coverage teams, Debt Capital Markets, Equity Capital Markets and M&A. Credit Risk also works closely with CCIC teams across Collateral, Derivatives, Margining, Stress and Securities portfolios, Legal Entity Credit Risk and Basel governance.
Core Credit Risk is further split into Financial Institutions Group (FIG), Corporates, Emerging Markets:
FIG covers the full range of financial institutions, including banks, broker-dealers, hedge funds, clearinghouses, mutual funds, insurers, sovereigns and SPVs.
Corporates cover industries, such as Retail, Transportation, Natural Resources, Telecoms, Media and Technology, amongst others.
Emerging Markets cover both FIG and Corporates in developing markets.
Opportunity Analysts will be placed into the Core Credit Risk programme (which entails a minimum of two rotations across FIG, Corporates and Emerging Markets).
Key responsibilities Analysts in Core Credit Risk work on the analysis, structuring and execution of transactions, as well as monitoring the bank's existing credit exposure to clients. They review financing and trading proposals, and make recommendations to senior Credit Officers.
What we are looking for Key requirements
Genuine interest in the financial markets
Proven academic performance and an ability to demonstrate solid numerical and analytical skills
As business is primarily conducted in English, verbal and written fluency in English is essential. However, as we are a global business and operate extensively throughout Europe, the Middle East and Africa, fluency in other languages is extremely beneficial.
Core competencies and essential skills
Ability to work in a team
Flexibility and the ability to cope with change in the dynamic market environment
Excellent written and oral communication skills, with the ability to prepare and deliver clear and concise reports and opinions.
Ability to develop relationships with clients, product specialists and credit executives, and to partner with them effectively.
Strong negotiation skills, ability to think laterally and use commercial acumen to develop business-oriented solutions
Capability to multi-task and work under pressure.
Eligibility We recruit from all academic disciplines. We're looking for team players and future leaders with exceptional drive, creativity and interpersonal skills. Impeccable academic credentials are important, but so are your achievements outside the classroom.
You must have an expected degree minimum of a 2:1 or European equivalent (second-year results should clearly demonstrate that this is a realistic indication).
Fluency in English is a prerequisite. A second European language is essential for some roles and advantageous for others.