Apply Now    

Wealth Management, Securities Based Lending Team, Lender, Associate

Req #: 180009736
Location: Hong Kong, HK, HK
Job Category: Credit
Job Description:

J.P. Morgan Asset & Wealth Management, with client assets of $2.4 trillion, is a global leader in investment and wealth management. Its clients include institutions, high‐net‐worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi‐asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.

Securities Based Lending Team (SBL) is Wealth Management’s center of excellence for underwriting loans that are fully secured by marketable securities. SBL is part of the Credit Risk Management team for JPMorgan Private Bank (PB). The team works closely with Bankers, Investors, Credit Executives and Lending Advisors to deliver excellent client service for all securities based lending requests for clients of the Private Bank's Ultra High Net Worth market teams.
The role involves analyzing, negotiating, pricing and documenting lines of credit, including standby letters of credit. The team will also review other transactions that have an element of credit risk (including derivatives such as equity collars and interest rate swaps).
Key Responsibilities:
  • Interact with internal partners (Bankers, Investors, Lending Advisors, Credit Executives and Credit Middle Office) to deliver the best fully secured credit product solution with a sound credit structure.
  • Maintain a consistently high level of awareness around any potential credit issues. Proactively resolve exceptions, including but not limited to margin call situations, past review facilities, past due principal/interest and documentation exceptions.
  • Take into account the risk/reward proposition when negotiating loan rates with Bankers and must employ a discipline around loan pricing and structure.
  • Prepare credit memos which should completely outline the proposed credit structure including accurate risk rating assessment and any potential collateral issues (e.g. security concentrations).
  • Ensure follow up on all relevant open items and transactional issues, e.g. documentation, covenants, collateral shortfalls etc.
  • Ensure all new credit requests and annual reviews are completed in a timely fashion in compliance to any cross border and regulatory requirements.  
  • Pipeline management and other credit initiatives
  • Degree in finance or related field
  • 4-6 years of Private Banking credit risk or lending experience
  • Knowledge and/or experience of underwriting, lending value analysis, KYC and  cross border issues
  • Good understanding of PB credit products, financial markets and securities industry
  • Sound business judgment and risk sensitivity
  • Strong communication (written/verbal) and interpersonal skills
  • High level of attention to detail in order to ensure all work adheres to credit policy
  • Teamwork ethic and focus; ability to work under pressure and meet deadlines
  • Good organizational skills and ability to work with minimal supervision
  • Track record in working with teams from various markets /countries
  • Proficiency in Excel, Word and PowerPoint
  • Fluency in English. Mandarin or Cantonese language skills would be a strong plus
  • Knowledge and experience of systems such as Bloomberg is advantageous
Apply Now    
Link for schema

Join our Talent Community

Not ready to apply? Leave your information with us and we will keep you up to date with new career opportunities.

Other Information

Apply Using LinkedIn

You can also apply using your LinkedIn® profile. It may save you some time because your information will be automatically transferred into our system. Just click on the LinkedIn logo when you get to the application screen and follow the directions.

Submit an Updated Résumé

During the application process, be sure you have an up-to-date copy of your Résumé, your cover letter and any other documentation you would like to submit.