WM Mumbai Operations is going to appoint Asst Vice President

WM Mumbai Operations is going to appoint Asst Vice President 

Job Description

WM Mumbai Operations has a large presence and requires operations leadership/expertise in managing large teams in a matrix environment. The current position is for an Process Manager role who will be looking at operations functions of Credit Risk Management (CRM).  

The primary objective of the CRM team is to support the JPMorgan Private Banking credit business. The team is responsible for the administration and the maintenance of Private Banking credit facilities and exposures in line with Corporate Credit policy. The functions performed by this team are critical to protecting the bank from potential credit losses. The incumbent will be required to handle the following responsibilities:

• Ensures supervision and oversight on Client set ups for line of credit facilities in the credit systems and confirmations that all required credit documentation is complete.
• Leads production of quality documentation and edits, cross-regionally, on all standard and non standard loan types, including but not limited to: Unsecured, Real Estate (footprint and non-footprint states), Marketable Securities, and Business Assets and Titled Collateral
• Ensure compliance to Private Banking guidelines/policy and Federal Lending Regulations (FSA, Basel II, FIRREA, Reg Z., MDIA).
• Encourages practice & usage of all available resources to find, review, and set-up loan covenants, and use the information to prepare quality Covenant Agreements and Loan Agreements.
• Reviews current and all pending exceptions to covenant agreement terms that occur. Confirms their accuracy and proactively could identify an appropriate resolution prior to escalation to extended team members to highlight to Underwriters and Bankers for resolution.
• Ensures all credit risk recommendations and mitigations are implemented.
• Partners and encourages his team to liaise and partner with Capital Advisors and Analysts to capture terms and conditions stipulated in the credit approval and legal documentation into the corporate credit platform (via ARC).
• Coordinates with his team and global partners with all aspects of portfolio management on a daily basis including, but not limited to, maturing facilities, client annual reviews, unlinked outstandings, overlimits, temporary facility extensions or increases, document exceptions, covenant exceptions.
• Manages market and LOB transfers as clients and facilities are moved to new markets or to other LOBs outside of PB.
• Create Legal and the Credit File and Compliance Deal Folders for all facilities within Deal works and file completed ARC proposals.
• Master CRRT and CWS reporting to support data and analytical needs.
• Responsible for maintaining critical Client credit data in Corporate Systems.
• Support Credit and Capital Advisory requests for targeted data summaries and portfolio risk analysis. Receive and review pre/post closing legal packages, comparing the legally documented terms and conditions to those stipulated in the credit approval memo and ARC, ensuring accuracy.  Create / contribute transmittal / QCC when appropriate.

Qualifications

Core Skill-sets 

• Candidate should possess strong knowledge of banking operations.
• Leadership skills to drive discussions and lead the group
• Relationship building with diverse groups and senior executives.
• Have an affinity or ability for systems thinking.
• People management experience and Client focus
• Control orientated and Risk awareness

Education/Professional Qualifications:

• Degree in Business Administration or Chartered Accountancy or Law or Chartered Secretary with 6 years of work experience else 8 years of work experience.
• Any additional professional degree will be an added advantage.
• Understanding of credit concepts
• Understanding of derivatives, FX and participations/syndications
• Understanding of credit legal issues and be able to quickly determine sensitivity to business risk
• Understanding of TQMI or six sigma certification will be an added advantage.

Job

 Data Entry

Primary Location

IN-KA-Bangalore East-Prestige Technology Park / 86855

Organization

 ASSET MANAGEMENT

Schedule

 Full-time

Job Type

 Standard

Shift

 Night Job

Employee Status

 Regular

Corporate Brand J.P. Morgan