Risk Management - Asset Based Lending Field Exam - Analyst

JobID: 210509311

Category: Credit Risk

JobSchedule: Full time

Posted Date: 2024-04-16T12:58:43+00:00

JobShift:

Base Pay/Salary: Irvine,CA $66,560.00-$85,000.00

Bring your expertise to JP Morgan. 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.

As an Asset Based Lending Field Examiner Analyst in Commercial Banking Risk, you will play a key role in upfront and ongoing due diligence related to secured credit facilities (from less than $1 million to in excess of $1.5 billion) by analyzing client/prospect collateral and financial information and are performed on the client's premises. Examiners generally work in teams (often teams of 2).

Job responsibilities

• Obtaining and analyzing client accounts receivable, inventory, and accounts payable data and historical performance

• Obtaining an overview and understanding of the client's collateral and financial performance

• Preparing (new credit facility) or verifying (existing credit facility) a borrowing base calculation.

• Verify the existence of inventory through physical inspection

• Conduct high level assessment of internal controls and financial reporting

• Documenting tasks performed on Excel based field exam template

• Prepare a written report using field exam template

• Depending on client location, 10-50% overnight travel is required

Required qualifications, capabilities, and skills

• BS degree with a minimum of 9 credit hours in Accounting

• Strong interpersonal and relationship development skills

• Effective business writing skills

• Proficiency in Microsoft Excel, Word and Outlook

• Analytical skills with attention to detail and accuracy

• Intellectual curiosity and ability to problem solve

• Ability to think critically while working in a fast paced environment

• Valid driver's license

Preferred qualifications, capabilities, and skills

• Commercial lending, accounting or auditing experience

• Monarch and Stucky ABL knowledge is helpfuL

• CPA (Certified Public Accountant) or Public Accounting

• CFE (Certified Fraud Examiner)