The Global Commodities Credit Risk Associate evaluates credit risks of commodity transactions, negotiates agreements, analyzes risk data, and supports business initiatives while developing junior talent.
Job Description
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 responsibly by anticipating new and emerging risks, using your expert judgment 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.
As a Global Commodities Credit Risk Associate in the Global Commodities Group, you will specialize in product-specific credit risks. You will assess the risk of structured commodities products and transactions, negotiate related documentation, and engage with credit officers across all lines of business globally. You will work on new business initiatives, periodic portfolio risk reviews, and regularly analyze commodity market and credit risk data to generate actionable insights for senior management decision-making. You will also develop junior talent to enhance the performance of the broader team.
Job Responsibilities
• Perform credit risk due diligence on new transactions and/or new counterparties, focusing on physical commodities transactions.
• Use strong analytical, modeling, and problem-solving skills to recommend structures that protect the firm's interests.
• Actively participate in the negotiation of credit terms in master trading agreements and structured transactions.
• Ensure all documentation required for trading, including master agreements and guarantees, are in place.
• Assist other credit officers with credit due diligence, structuring, and document negotiation.
• Support GCG business on ad hoc projects related to new business initiatives, change management, policy, procedure, product control, regulatory relations, and business management.
• Prepare and present periodic commodities risk reviews to senior management.
• Perform ongoing customer due diligence and financial analysis for a portfolio of counterparties.
• Provide early identification and proactive management of deteriorating credits and other problem situations.
• Maintain active working relationships with the firm's structuring, sales, trading, and origination teams.
• Work with bank examiners and internal credit reviewers to validate credit quality and integrity of the credit process.
Required Qualifications, Capabilities, and Skills
• BA/BS degree.
• Professional work experience in credit/counterparty risk, commodities, and/or derivative products.
• Strong organizational skills, attention to detail, and an excellent work ethic.
• Strong credit analysis and financial modeling skills.
• Experience working with and negotiating master trading agreements typical of the energy trading industry.
• Exceptional analytical aptitude and ability to think abstractly.
• Strong data analysis and presentation skills.
• Performs well under pressure in a demanding environment.
• Independently productive and works well in a team environment.
• Proficiency in Microsoft Office Suite, especially Excel, PowerPoint, and Word.
Preferred Qualifications, Capabilities, and Skills
• Understanding of or experience in covering a variety of energy and commodity trading companies.
• Experience in data analysis and visualization, using programming languages like Python.
• Completion of a commercial/investment bank credit training program or equivalent experience.
• Relevant experience in commodities markets.
• Understanding of front office processes and ability to balance necessities of credit risk management with commercial requirements.
• MBA degree.
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
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.
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 responsibly by anticipating new and emerging risks, using your expert judgment 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.
As a Global Commodities Credit Risk Associate in the Global Commodities Group, you will specialize in product-specific credit risks. You will assess the risk of structured commodities products and transactions, negotiate related documentation, and engage with credit officers across all lines of business globally. You will work on new business initiatives, periodic portfolio risk reviews, and regularly analyze commodity market and credit risk data to generate actionable insights for senior management decision-making. You will also develop junior talent to enhance the performance of the broader team.
Job Responsibilities
• Perform credit risk due diligence on new transactions and/or new counterparties, focusing on physical commodities transactions.
• Use strong analytical, modeling, and problem-solving skills to recommend structures that protect the firm's interests.
• Actively participate in the negotiation of credit terms in master trading agreements and structured transactions.
• Ensure all documentation required for trading, including master agreements and guarantees, are in place.
• Assist other credit officers with credit due diligence, structuring, and document negotiation.
• Support GCG business on ad hoc projects related to new business initiatives, change management, policy, procedure, product control, regulatory relations, and business management.
• Prepare and present periodic commodities risk reviews to senior management.
• Perform ongoing customer due diligence and financial analysis for a portfolio of counterparties.
• Provide early identification and proactive management of deteriorating credits and other problem situations.
• Maintain active working relationships with the firm's structuring, sales, trading, and origination teams.
• Work with bank examiners and internal credit reviewers to validate credit quality and integrity of the credit process.
Required Qualifications, Capabilities, and Skills
• BA/BS degree.
• Professional work experience in credit/counterparty risk, commodities, and/or derivative products.
• Strong organizational skills, attention to detail, and an excellent work ethic.
• Strong credit analysis and financial modeling skills.
• Experience working with and negotiating master trading agreements typical of the energy trading industry.
• Exceptional analytical aptitude and ability to think abstractly.
• Strong data analysis and presentation skills.
• Performs well under pressure in a demanding environment.
• Independently productive and works well in a team environment.
• Proficiency in Microsoft Office Suite, especially Excel, PowerPoint, and Word.
Preferred Qualifications, Capabilities, and Skills
• Understanding of or experience in covering a variety of energy and commodity trading companies.
• Experience in data analysis and visualization, using programming languages like Python.
• Completion of a commercial/investment bank credit training program or equivalent experience.
• Relevant experience in commodities markets.
• Understanding of front office processes and ability to balance necessities of credit risk management with commercial requirements.
• MBA degree.
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
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.
Top Skills
Excel
Microsoft Powerpoint
Microsoft Word
Python
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