Lender for Centralized Lending Team – Private Banking Asia recruitment
Lender for Asia Private Banking Centralized Lending Team - Associate
Responsible for managing a loan portfolio within the Centralized Lending Team (CLT). CLT is J.P. Morgan Private Bank's center of excellence for underwriting loans that are fully secured by marketable securities. The role includes analyzing, negotiating, pricing and documenting lines of credit and standby letters of credit. Also includes the review of other transactions that have an element of credit risk (including derivatives such as foreign currency transactions and interest rate swaps).
Key Responsibilities
- Interact with internal partners (Bankers, Investors, Capital Advisors) and private clients 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 and resolve exceptions as soon as possible. These exceptions include effectively managing under margin situations, past review facilities, past due principal/ interest and documentation exceptions.
- Take into account the risk/ reward proposition when negotiating loan rates and employ discipline around loan pricing and structure.
- Prepare and/ or review credit memos which should completely outline the proposed credit structure including accurate risk rating assessment and any potential collateral issues (e.g. concentrations).
- Ensure all new credit requests and annual reviews are completed in a timely fashion.
Skills
- Bachelor degree in a related field required
- Candidates should have a minimum of 3-5 years of private banking/ asset management, and credit/ lending experience
- Good understanding of financial markets and securities industry
- Strong communication and interpersonal skills
- Good organizational skills and ability to work with minimal supervision
- Ability to work well in an integrated team alongside a range of personality types
- Proficiency in Excel, Word and PowerPoint
September 11, 2011
• Tags: Asset Management careers in the Hong Kong SAR, Lender for Centralized Lending Team, Private Banking Asia recruitment • Posted in: Financial