JPMorgan Credit Support Analyst 

United States, Texas, Plano 

20138685

As a Credit Monitoring Analyst within our Credit Assessment Team, you will be tasked with evaluating compliance with credit agreement terms for a designated portfolio of borrowers. Your role will involve interpreting financial and other covenants included in credit agreements to ascertain whether borrowers are adhering to the terms of the credit agreements or are in default. The credit agreements you will be working with encompass syndicated loans and bilateral agreements.

Job responsibilities

• Determine whether borrowers have breached covenants, and as a result, have defaulted on the terms of their credit agreements
• Interpret complex attorney/externally prepared credit agreements and other legal documents to determine which co-borrowers, guarantors, and other parties to the agreements require set up in bank’s system of record for future covenant compliance evaluation
• Perform credit analysis, review documentation, and monitor ongoing compliance with financial covenants within an assigned portfolio of borrowers with bilateral agreements and syndicated loans from different lending institutions
• Independently calculate cash flow, leverage ratios, and required covenant values in accordance with specific terms laid out in credit agreements
• Develop strong knowledge of secured lending products including borrowing base credit facilities
• Determine the grid-based performance pricing that applies to borrowers, so the bank gets adequately compensated for credit risk
• Adhere to the quality control standards that have been set for the process and to service level agreements WLS has with its internal business partners

Required qualifications, capabilities and skills

• Bachelor’s degree in Business/Accounting
• 3 or more years of experience in banking and/or doing financial analysis
• Ability to identify and summarize key points in written reviews of credit-related transactions
• Understanding of loan products, including documentation, for revolving lines of credit, term loans, borrowing bases, etc.
• Strong verbal and written communication to effectively communicate with various stakeholders and across levels
• Ability to work independently with minimum supervision including demonstration of good time management
• High proficiency in using MS Office tools including MS Excel