Wealth Management - Credit Middle Office - Quality Control (French/Italian Speaker) - Associate

J.P. Morgan Private Bank advises the world’s wealthiest families and helps them achieve their desired goals. Our teams of Advisors deliver advice, solutions and services across investments, wealth planning, credit and banking to help clients build, preserve and manage their wealth over time.

 

Our team of specialists works seamlessly to help our clients achieve their financial goals and aspirations. We’re proud to be named ‘2017 Best Private Bank for Ultra-High-Net-Worth Clients’ by Euromoney: Egypt, France, Greece, Italy, Lebanon, Qatar, Spain, United Arab Emirates and UK.

 

Team Description
 
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 the quality of Credit documentation supporting credit transactions. The QC Team is responsible for ensuring adherence to policy and procedures, and maintaining the highest standard of quality for our Credit documentation that is subsequently provided to clients. The QC Team is a critical part of safeguarding the business by reviewing information on file, and newly prepared loan documentation. 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.
 
Role Description
 
We are currently seeking a Quality Control Specialist to join our Credit Quality Team. The position responsibilities include day-to-day 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; UK and EMEA Mortgages, Review of Covenant Set up, Loan documentation, 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;
• Maintain a controls mind-set, able to challenge the status quo and identify process efficiencies;
• Additional responsibilities assigned by management which may include assistance with process transfers, partner communications, maintenance of quality agreements, etc.

Qualifications:

• 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;
• Very good knowledge of UK mortgages; Good knowledge of EMEA mortgages an advantage
• 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
• Sound knowledge of credit and lending products in European countries (e.g. United Kingdom and Italy or France);
• 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;
• Control and Risk mitigation mind-set;
• Strong Word, Excel and Access skills an advantage;
• Fluency in English, Italian and/or French. Any additional language skills advantageous.
• Relevant degree (such as law/finance) or professional qualification (such as CeMAP) would be advantageous.

JPMorgan offers an exceptional benefits program and a highly competitive compensation package.

 

JPMorgan is an Equal Opportunity Employer.