Risk Management - Credit Risk Analyst - Asset-Backed Finance

JOB DESCRIPTION

Bring your Expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement 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.

Job summary

As a Credit Risk Analyst in Asset-Backed Finance Credit Risk, you assess and grade securitizations of financial assets where repayment is driven by underlying cash flows. You work with us at the intersection of finance and analytics to develop forward-looking risk views and recommend structures that fit the collateral and transaction profile. You partner with senior credit officers, coverage, and product teams to support disciplined approvals, portfolio monitoring, and clear written credit opinions.

Job responsibilities

Evaluate client-level asset data and performance trends (delinquencies, defaults, net losses, recoveries, servicing performance indicators) to form a prospective risk outlook

Develop a forward-looking view of client businesses and collateral risk, including corporate financial analysis of originators and servicers as needed

Build foundational knowledge of securitized financial assets and related market dynamics

Participate in due diligence meetings, virtually or at client sites

Monitor portfolio performance, covenant compliance, industry trends, and emerging risks and opportunities

Validate cash flow and payment waterfall models to confirm loss coverage, liquidity, weighted average life, and trigger headroom, and challenge key assumptions

Collaborate with credit risk officers, coverage bankers, and product partners to design structures aligned to asset risk profiles

Support stress and downside scenario analysis to understand potential credit outcomes

Ensure accurate booking of exposures in JPMorganChase credit systems and coordinate with middle office teams to maintain data integrity

Prepare written credit analysis and recommendations for senior credit officers

Present periodic portfolio reviews to senior credit executives and business partners

Required qualifications, capabilities and skills

Bachelor's degree in a quantitative discipline

Strong interest in structured finance

Excellent problem-solving and critical thinking skills

Strong verbal and written communication skills

High attention to detail with strong organizational skills

Ability to collaborate effectively with internal and external stakeholders

Proactive approach with strong ownership mindset and curiosity to learn

Ability to multitask and thrive in a fast-paced, team-oriented environment

Preferred qualifications, capabilities, and skills

Internship or work experience in commercial or investment banking, especially with credit, structuring, or markets exposure

Familiarity with asset-backed and securitization markets

Proficiency in Excel and PowerPoint

Basic understanding of credit, documentation, and transaction processes

Experience delivering high-quality work under time pressure in a demanding environment

ABOUT US

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

ABOUT THE TEAM

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.