Risk Management- Global Wealth Management - Credit Risk Commercial Real Estate - Associate

Global Wealth Management (GWM) offers comprehensive advice and solutions for the financial and wealth transfer needs of high net worth clients.

Dedicated to exceptional client service, GWM provides unbiased advice and tailored solutions.

The Credit Risk function plays a crucial role in assessing and managing credit and counterparty risks across various dimensions, ensuring robust risk management in underwriting, lending, trading, and operational services.

As a Credit Risk Commercial Real Estate Associate, within the Real Estate Analytics Group, you'll be responsible for the underwriting of new commercial real estate credits and the management of a portfolio of existing loans/relationships in a fast-paced environment.

The ideal candidate will have experience in the commercial real estate industry, demonstrated knowledge of real estate underwriting fundamentals, and strong knowledge of credit and lending.

Strong analytical skills are required, as are solid communication skills as the role will require the candidate to interact with external clients and present to internal management on new and existing transactions.

Job Responsibilities


* Evaluate GWM consumer and business purpose credit requests utilizing applicable Credit Risk Policies and Guidelines.


* Analyze individual and business/entity financial statements, public information sources, individual credit reports, and other relevant information to calculate cash flow and balance sheet ratios.

Individual will utilize these ratios and evaluate other qualitative factors to determine a client's risk of default following J.P.

Morgan Wholesale Risk Grading Methodology to comply with Basel III standards for regulatory risk grading requirements.


* Complete an analysis of the collateral and/or loan covenants/ events of default to determine the potential loss in a default situation.


* Identify and clearly articulate risks and mitigating factors that could impact the client's ability to repay the loan.

Individual will recommend a course of action with clear and concise rationale.


* Engage in regular dialogue with Front Office to obtain required information critical to making a loan decision.

Individual will negotiate loan structure and terms when necessary and will provide alternative solutions when appropriate.


* Escalate credit issues to Credit Executive and provide solution(s) and/or next steps for resolution.


* Manage portfolio responsibilities and ensure appropriate escalation for their respective markets to ensure credit risk is maintained.


* Work with Risk Support and Closing partners to ensure a seamless and timely delivery of credit to the client, while maintaining a strict regulatory and control environment.

Required qualifications, capabilities and skills


* Bachelor's degree required; Finance, Accounting, Economics, Business Management or STEM related degree


* Min 5 years of consumer and commercial bank lending experience, as well as know...