Risk Management - Credit Risk Associate

• Job Identification
• Job Category Associates
• Business Unit Commercial & Investment Bank
• Posting Date 04/03/2026, 02:28 PM
• Locations 10 S Dearborn St, Chicago, IL, 60603, US
• Job Schedule Full time
• Job Shift Day
• Base Pay/Salary Chicago,IL $-$

JPMorgan

Chase, 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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans

Bring your expertise to JPMorgan

Chase. 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 Credit Risk Associate within the Business Services Leveraged Finance Credit team, you will cover non-investment grade corporate clients and sponsor-backed clients across Business Services subsectors. You will manage and monitor a portfolio of leveraged issuers, underwrite LBOs and recapitalizations, partner with the trading desk to approve hedging exposure, support legal negotiations, and collaborate with the Asset Based Lending (ABL) Credit Team to deliver collateral-backed solutions.

Your work will directly influence the firm's risk-return balance while upholding a strong culture of compliance and partnership.

Job Responsibilities

• Manage and monitor a portfolio of client credit exposures across Business Services subsectors (e.g., facilities management, outsourcing, staffing, security services, consulting firms, etc.).
• Track exposure across loans, revolvers, term loans, letters of credit, ABL facilities, and derivatives; ensure compliance with limits, covenants, and internal risk appetite.
• Conduct scenario analysis/stress testing on leverage, liquidity, and cash flow resilience.
• Take ownership of client credit needs and independently develop credit opinions.
• Build and review pro forma capital structures and cash flow projection models; assess debt capacity, deleveraging paths, interest coverage, liquidity, and covenant headroom.
• Manage credit due diligence process for clients and capital markets transactions, coordinating third-party reports, management meetings, and site visits.
• Assess counter party credit risk using SA-CCR/PFE methodologies; monitor exposure, collateral thresholds, and margining under CSA.
• Coordinate with…