Credit Risk Analyst - WM CREDIT MO EDINBURGH

Last updated an hour ago
Location:Midlothian
Job Type:Full Time

Main Responsibilities:

A.Document drafting

  • Produce standard and non-standard credit documentation and support with associated processes
    • Documents include, among others, Credit Facility Agreements, Pledge agreements, Life Insurance Assignments, SBLCs and Guarantees.
  • Work with standard document templates approved by the Legal department
  • Ensure correct templates are always used in accordance with the relevant procedure for the allocated market, adhere to zero error target and meet the required SLAs for the delivery of documents
  • Liaise with the relevant Legal team in cases of non-standard documentation requests or where non-standard language is required (e.g. covenants)
  • Manage the credit documentation process for the allocated market and refer any issues to the team leader

B.Ancillary activities

    Check the team mailbox for the allocated market and respond to queries promptly ensuring no items are over 24 hours

      Update and maintain the tracking log for the allocated market adding appropriate commentary and ensuring it always remains up-to-date

        Share the allocated market pipeline with LS and SBL as agreed with the team leader

          Update your capacity metrics timeously

            Prepare or assist with the preparation of the missing documents report and ensure it is sent before the agreed deadline. Assist with the analysis and investigation of ageing items.

              Participate and support team leader with key projects, often within tight deadlines

              C.Collaboration

              • Participate at team meetings and make valuable contributions. Lead or take notes if designated chairperson/secretary and update the minutes in the shared drive. Follow up on actions allocated to you.
              • Share information, best practice and ideas with the team
              • Regularly partner with and provide support for colleagues in other locations. This includes Legal partners, CSS, Onboarding, Business Management and Projects teams
              • Liaise with Lending Advisors, Credit Executives and internal & external legal teams on documentation requirements and validation

                Deepen relationships with other Credit Platform Services teams

                D.Controls

                  Maintain accurate data on documents from clients in the Documentation Tracking System. Create accurate PIDs in a timely manner

                    Responsible for tracking the status of documents and resolving exceptions

                      Understand, ensure adherence to and compliance with, JPMorgan policies and regulatory requirements

                        Understand credit control requirements to ensure that any control requirement is addressed and controls effected

                          Highlight documentation exceptions through commentary to senior management

                            Maintain a controls mind-set, able to challenge the status quo and identify process efficiencies

                              Complete all mandatory training timeously

                                Ensure timely escalation of issues to team leader/senior management following the applicable escalation procedures

                                  Adhere with Records retention policy

                                  E.Knowledge/skills

                                    Maintain very good knowledge of credit products

                                      Participate in credit and other forums to stay abreast of new initiatives

                                        Keep informed on new policies/regulations impacting credit and discuss with manager

                                          Commit to own learning and attend training sessions organized by the wider team

                                          Essential qualifications:

                                          • University graduate (preferably Law or Finance) with some basic experience in dealing with client credit documents
                                          • Fluent in French
                                          • Experience within a financial institution is desirable
                                          • Previous experience in a credit documentation team an advantage
                                          • 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
                                          • Familiarity with credit and lending products (some legal knowledge is a plus)
                                          • General market knowledge
                                          • Knowledge of credit products in European countries is a plus
                                          • Ability to suggest improvements and engineer process changes
                                          • Strong Word and Excel skills
                                          • Control and Risk mitigation mind-set