CIB WCR EMEA - Developed Markets FIG Associate - Paris
Location: Paris, France
Type: Full Time
Internal Number: 12306241
Our business 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 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.
CIB WCR (Wholesale Credit Risk) is responsible for the on-boarding and ongoing credit risk management of J.P. Morgan's Corporate & Investment Bank ("CIB") client base, spread across EMEA region.
The function 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.
The Developed Markets - Financial Institutions Group (DM FIG team) specifically manages credit risks emanating from FI client's portfolio in EMEA region. The team partners closely with all businesses and product platforms in CIB across the region, including Debt Capital Markets, Sales & Trading, Treasury Services, Trade Finance and Acquisition and Leveraged Finance.
Opportunity Associates will be placed into a Core Credit Risk team which gives the Associate exposure to portfolios across Developed Markets ('DM') FIG.
Key responsibilities Associates in DM FIG manage a portfolio of banks and insurance entities in the EMEA region. They are responsible for leading the analysis, structuring and execution of transactions, as well as monitoring the bank's existing credit exposure to clients in respective portfolio. They review financing and trading proposals and make recommendations to senior Credit Officers. Undertake JPMAG legal entity related duties as applicable.
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 beneficial.
Core competencies and essential skills
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
Ability to train and mentor analysts within the team.
Ability to work in a team that may be geographically widespread across Paris, London and India
Flexibility and the ability to cope with change in the dynamic market environment
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.
A degree minimum of a 2:1 or equivalent.
Previous experience working in Credit Risk is preferred.
Fluency in English is a prerequisite. A second European language is beneficial.