Covenant Monitoring & Reporting Associate - Credit Platform Services

Job content

JPMorgan Chase & Co. is a leading global financial services firm with assets of more than $2 trillion, over 265,000 employees and operations in more than 60 countries. It operates across four business segments including Corporate & Investment Banking, Commercial Banking, Asset Management, Consumer & Community Banking.

The private banking division of J.P. Morgan Chase & Co. is part of the Asset Management business segment. We have offered for over 160 years customised solutions and client service of the highest quality to solve complex needs of wealthy individuals and their families around the world. Our EMEA headquarter is located in Switzerland: J.P. Morgan (Suisse) SA employs more than 1000 people across its Geneva and Zurich premises.

Our Team

The Geneva Credit Platform services and its Covenant Monitoring & Reporting team are part of Private Banking Operations. The team works closely with the Lending Solutions Team, Underwriting Team and Credit Executives. The main focus of the Covenant Monitoring & Reporting Team is to setup and monitor covenants and other client specific conditions, timely escalate any covenant breaches in line with the internal credit procedures and policies, perform regular, ad-hoc and regulatory reporting tasks, keeping first class client service in mind.

The Role

Specific Duties Include

• Review of Credit Facility Agreements to identify covenants
• Setup and monitoring of covenant compliance and other client specific conditions
• Escalation to relevant parties of covenant breaches
• Setup of special monitoring
• Review and approval of arbitrages and redemptions from a credit standpoint
• Ensure controls and procedures are solid and properly followed
• Keep all procedures current and up to date
• Build and maintain partnership with our peers and stakeholders
• Produce regular, ad-hoc and regulatory reporting from Credit perspective including creation of decks for Senior Management committees
  

Qualifications

• Good Understanding of private banking operations as well as credit products
• Experience with credit related legal agreements
• Languages: full working proficiency in English
• Proactive, responsive team player who can thrive in a dynamic and changing environment
• Strong commitment, sense of integrity and exceptional drive
• Ability to prioritize, take initiative and meet tight deadlines
• Aptitude to digest large amounts of information and use it to develop innovative solutions
• Possess strong attention to detail and problem-solving skills
• Excellent interpersonal skills with an ability to communicate efficiently also in a virtual team environment
• Good judgment and discretion working with highly confidential information
• Proficient in Microsoft Office (Excel, Access, Outlook, PowerPoint)
• Proficiency in any programming language (e.g. Python) is a plus
  

But beyond that, we’re most interested in the things that make you, you: the personal qualities, outside interests and achievements beyond academia that demonstrate the kind of person you are and the difference you could bring to the team.

J.P. Morgan Chase & Co. is an Equal Opportunity Employer.

If you would like to pursue a career with J.P. Morgan Chase & Co.’s Private Bank, please apply online providing a cover letter and CV in English.

Due to restrictions of the Office Cantonal de la Population de Genève, we will only be able to consider applications from applicants with a valid Swiss work permit or holding a Swiss or European nationality.

ROH0480J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.