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JPMorgan Chase Risk Management - Transaction Risk, Senior Associate in Columbus, Ohio

As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a As a Transaction Risk Management Senior Associate in Middle Market Banking Group, you play a key role in providing oversight and management of client payments flow to ensure quick recover of funds and review treasury service facilities usage to make recommendations regarding facility size or risk mitigation. The TRM UW Portfolio management role assess and determine appropriate risks for treasury product clients, establish and review treasury service facilities, and provide risk mitigation recommendations. Associate will Independently assess treasury service risk for assigned middle market clients (clients with exposure less than $5mm) to determine if risk is appropriate. The Associate will establish and review credit facilities that support treasury service products utilizing transaction activity and facility usage information to respond to risk alerts and assess risk profile. Individual will provide treasury service risk mitigation recommendations for clients when warranted. Staff will need to understand various treasury service products and operating platforms.

Job Responsibilities:

  • Researches overnight overdrafts and works with client coverage team to resolve.

  • Returns, approves or acknowledges transactions (within authority) that contribute to overnight overdrafts.

  • Follow ups with Banker, Treasury Service Officer, Client Service Officer when clients have excessive overdrafts.

  • Reviews and approves intraday overdrafts within authority related to wire or book transfer activity, Automated Clearing House (ACH) transactions and international collections when necessary.

  • Ensures that new or transferred clients fit within the business model

  • Establishes and reviews or updates treasury service facilities.

  • Responds to risk alerts and assesses risk profile utilizing transaction and usage information.

  • Provides treasury service risk mitigation recommendations for complex client situations.

  • Coordinates special handling of payments from accounts in bankruptcy or liquidation.

  • Possesses a strong knowledge of various treasury service products, operating platforms, and how to navigate the firm to pursue resolutions.

  • Builds strong relationships and maintains open communication channels with client coverage team and product partners to act as subject matter expert.

Required Qualifications, Skills and Capabilities

We are looking for someone excited to join our organization. If you meet the minimum requirements below, you are encouraged to apply to be considered for this role.

  • BA/BS/BBA degree is required

  • At least 3 years' experience in commercial banking/lending including experience

  • Demonstrated excellent verbal and written skills, interpersonal skills, and analytical and problem-solving skills

  • Excellent organizational and project management skills; able to manage competing priorities under tight deadlines

  • Proven ability to collaborate and build strong partnerships.

  • Intellectual curiosity with a proven ability to learn quickly

  • High degree of initiative, self-direction, and ability to work well under pressure

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans

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