WM Credit Banking Operations Quality Control Sr Associate Job at JPMorgan Chase Bank, N.A. – in Edinburgh
The Credit Risk Management Support Team is part of the Private Bank Credit Operations group. This team monitors JPM Private Bank exposures secured by financial assets. The team is responsible for a wide range of functions such as administration and monitoring of PB EMEA credit facilities in line with corporate credit policy, review & monitoring of credit covenants, transaction approval and other special monitoring requirements.
The Quality Control (QC) Team is a dedicated team of specialists focused on ensuring that the quality of information manually documented by Credit Teams is accurate. The QC Team is responsible for ensuring adherence to policy and procedures, and maintaining the highest standard of quality. The functions performed by this team are critical to protecting the bank from regulatory and credit risks, and our clients’ experience. The successful Analyst exercises sound and independent judgment, has a willingness to take on projects to meet business goals, and takes ownership of tasks with a sense of urgency.
We are currently seeking a Quality Control Associate to join our Credit Quality Team. The position responsibilities include day-to-day Credit documentation quality review, facilitating cross functional meetings, providing guidance and consultation to data owners, and working collaboratively with stakeholders and management to ensure quality performance is monitored, communicated and implemented in accordance with firm policies and standard operating procedures.
Essential Duties and Responsibilities include, but are not limited to, the following:
Audit and perform Quality Review of Credit documentation for UK and EMEA Mortgages, Review of Covenant Set up, internally drafted Loan documentation in French, Spanish, Italian and English, and review legal documentation that is prepared by outside attorneys.
Contribute to continuous improvement and development of the quality program and engineer process changes when needed;
Provide general assistance to data owners and approvers;
Interpret firm policies and compliance requirements for incorporation into company systems/procedures;
Participate as required to meet schedules or resolve problems at peer level;
Additional responsibilities assigned by management which may include assistance with process transfers, partner communications, maintenance of quality agreements, etc.
University graduate or relevant professional qualification; CeMAP qualified load administrator a strong advantage.
At least 3 years of experience within a financial institution in legal documentation, audit, and/or experience in reviewing and checking credit/loan documentation to ensure accuracy and quality of documentation;
Previous experience in Credit Middle Office, credit documentation, Audit or control function is an advantage;
Strong grasp of the lending/credit/securities/underwriting/mortgages market
Very good knowledge of UK mortgages and previous experience within a financial institution; Good knowledge of EMEA mortgages an advantage
Understanding of credit related legal risks;
Excellent interpersonal skills with an ability to communicate at all levels;
Strong organizational skills and strong attention to detail;
Ability to work independently, self-motivated with ability to prioritize work and meet tight deadlines;
Ability to adapt in a fast paced, dynamic and changing team environment is essential;
Strong solution based problem solving and analytical skills, able to add value rather than just accept the status-quo;
Maintain a control mind-set, identify process efficiencies;
Good Word, Excel and Access skills required. Alteryx, Python, Exceptor, Signavio is an advantage.
Fluency English is a must. Fluency in French and/or in Italian and/or Spanish is a strong advantage
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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
Company: JPMorgan Chase Bank, N.A. –
Company Location: Edinburgh