Credit Support Analyst
Not Disclosed•Full-TimeOn-site
location_onCuster Road, Plano, Collin County, Texas, 75023, United States
About the Team
Wholesale Lending Services (WLS) supports several lines of business, including Business Banking, Commercial Bank, Global Wealth Management, and Investment Bank. The Credit Monitoring team sits within WLS and provides essential Credit Compliance Monitoring for the combined Commercial and Investment Bank Loan Portfolio.
About the Role
As a Credit Monitoring Analyst, you will serve as a critical link between complex legal agreements and operational compliance. Your primary mission is to assess adherence to credit agreement terms, interpreting financial and other covenants to determine whether borrowers are meeting their obligations or are in default. You will navigate a landscape of syndicated loans and bilateral agreements, translating legal and structural terms into actionable operational requirements.
In this role, you will independently calculate cash flow, leverage ratios, and required covenant values while performing detailed Borrowing Base calculations and reconciliations for Secured Lending cases. Your work ensures that executed Credit Agreements align with Credit Approvals and term sheets, identifying and resolving discrepancies to maintain the integrity of the bank's loan portfolio.
Hiring Process
Candidates selected for an interview will engage in a structured process designed to assess both technical competency and cultural fit. This typically includes a review of your experience with credit agreements and facility structures, followed by discussions with team members and hiring managers to evaluate your ability to work independently and communicate effectively across Risk, Credit, and Operations teams.
Work location
Work model: On-site
Custer Road, Plano, Collin County, Texas, 75023, United States
Plano, Texas
Key Responsibilities
- check_circleSet up reporting requirements and financial covenants in the bank system for new credit agreements
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Skills, education and keywords
Skills: Credit Monitoring, Credit Administration, Credit Review, Loan Operations, Commercial Banking, Business Banking, Investment Banking, Credit Agreements, Syndicated Loan Structures, Revolvers.
Education: Bachelor's degree in business or accounting preferred.
Frequently asked questions about Credit Support Analyst at JPMorganChase
What does a Credit Support Analyst at JPMorganChase do?expand_more
Day-to-day, the Credit Support Analyst at JPMorganChase will set up reporting requirements and financial covenants in the bank system for new credit agreements; translate legal and structural terms into operational and monitoring requirements for ongoing compliance; conduct periodic reviews and continuous monitoring of borrower financial covenants and collateral; and independently calculate cash flow, leverage ratios, and required covenant values per agreement terms.
What are the requirements for this Credit Support Analyst role?expand_more
To qualify for the Credit Support Analyst at JPMorganChase position, applicants should have: Three or more years of experience in Credit Monitoring, Credit Administration, Credit Review, or Loan Operations; Bachelor's degree in business/accounting preferred; and High proficiency in MS Office tools including MS Excel.
Where is the Credit Support Analyst role at JPMorganChase located?expand_more
Credit Support Analyst at JPMorganChase is based in Custer Road, Plano, Collin County, Texas, 75023, United States. This is a on-site role.