JPMorgan Wholesale Credit Risk EMEA – Technology Media & Telecoms - Associate 

United Kingdom, England, London 

108114290

Associate role in the Technology, Media & Telecoms Team within Wholesale Credit Risk EMEA covering clients for the Commercial & Investment Bank, with a primary focus on venture capital and innovation economy clients.

As a Wholesale Credit Risk – Technology, Media, Telecoms - Associate in Wholesale Credit Risk EMEA team, you will work closely with business partners across the region, including Debt Capital Markets, Acquisition and Leveraged Finance, M&A, Corporate Bank, Markets, Treasury Services and Trade Finance covering a wide range of Leveraged (both Private Equity-owned and Corporate) and Commercial Banking Innovation Economy clients in the Technology, Media & Telecoms sectors.

Job responsibilities

• Take responsibility for the due diligence, credit analysis and financial modelling of credit counterparties; drive the preparation of credit memos and make recommendations as to appropriate structure, risk appetite and grading.
• Lead in-depth due diligence processes and oversee the production of credit memos with clear recommendations.
• Build financial models, challenges industry teams on modelling assumptions, devises appropriate downside scenarios and is able to clearly articulate key modelling conclusions
• Work across a variety of products including secured and unsecured loans (e.g. venture term loan, Annual Recurring Revenue facilities, Venture Multiple of Recurring Revenue and Enterprise Financings), derivatives, trade and treasury products.
• Negotiate loan documentation, derivatives and other facilities to help mitigate risks to JPM.
• Understand J.P. Morgan’s Risk management policies and related interactions with various stakeholders, including Regulators and Auditors
• Manage ongoing credit risk portfolio including monitoring of credit ratings, sector trends and client performance.

Required qualifications, capabilities, and skills

• Sound credit skills and judgment, with a proactive approach to the credit process and identifying risks.
• Demonstrate knowledge of transaction structures, loan documentation and banking products sufficient to participate in the negotiation and execution of new deal documentation and portfolio workstreams.
• Good interpersonal and communication (both written and verbal) skills. Be able to establish credibility and trust with key internal and external stakeholders.
• Proven coaching and development ability towards more junior colleagues
• Familiarity with venture lending structures (venture debt, recurring revenue lines, ABL) and managing/monitoring credit exposure for VC/PE backed clients.
• Self-starting, result-driven, multi-tasking, risk-reward mindset and adaptable to change given the dynamic nature and timing of workflow.
• Prior experience in a comparable environment.