What are the responsibilities and job description for the Credit Portfolio Group - Lending - Associate position at JPMorgan Chase?
We are seeking a credit trained, highly analytical, creative & self-motivated individual to join the NY based CPG Lending team. We look for candidates who possess strong accounting, finance, quantitative and business writing/communication skills, as well as modelling, forecasting, and valuation experience.
As an associate in CPG Lending, your primary role is to support the management of our loan portfolio through credit analysis alongside senior portfolio managers and traders, and to support the creation, management, and ongoing analysis of CPG originated SRTs (Synthetic Risk Transfers). Portfolio management will start with fundamental credit analysis and lead to the generation of trade ideas and strategies centered around the lending book and being the support function for portfolio managers and traders. Key tasks include formulating a credit and relative value views around positions in the portfolio, building and maintaining models that project future cash flows, performing valuation work, formulating portfolio management strategies, and communicating these strategies to portfolio managers and senior management.
This role requires a wide variety of strengths and capabilities, including:
- A minimum of 2 years of experience in a banking, research role, or accounting focused role which may include working as a desk analyst, investment banking analyst, or other analytical and demanding roles
- Proficiency in analyzing financial statements, financial modeling, and valuation with knowledge of relative value highly desired
- Intermediate-to-Advanced level of proficiency in Excel and Power Point
- Strong written and oral communication skills
- Demonstrated ability to cover multiple credits in a dynamic environment requiring efficient evaluation of opportunities in response to news and market changes
- Intellectual curiosity with a passion for the markets and an interest in investing
- Strong Excel skills with a focus on data analysis, manipulation, and organization. Prior use of or knowledge of Python and Tableau are a plus
- Knowledge of loan and CDS markets are a plus, not required
- A CFA, or progress toward a CFA is a plus, not required
