Asset & Wealth Management Underwriting Analyst Jobs at JPMorganChase in Taguig, Metro Manila
JPMorganChase is currently accepting applications for the position of Asset & Wealth Management Underwriting Analyst in the Taguig area. We are actively seeking qualified candidates for this Full-time opportunity.
We are looking for individuals who possess strong skills and have a minimum of beginners/seniors in the field. Along with technical expertise, we highly value qualities such as integrity, discipline, and a strong sense of responsibility in our potential employees.
JPMorganChase operates within the (according to the company) industry. If you are interested in joining our esteemed organization, we encourage you to submit your application without delay.
Job Information
| Company: | JPMorganChase |
| Position: | Asset & Wealth Management Underwriting Analyst |
| Region: | Metro Manila, Taguig - Metro Manila |
| Education: | Confidential |
| Job Type: | Full-time |
Job Description
Seize the opportunity to be part of Asset & Wealth Management as Underwriting Analyst
As an Underwriting Analyst, you will support the JPMorgan Private Banking Mortgage business though Underwriting Analysis to determine Credit Risk on Mortgage applications. The team is responsible for underwriting loans for Private Banking Clients and ensures the decision conforms to the internal credit policy. The loans usually belong to Private Banking HNW and UHNW clients. The functions performed by this team are critical to mortgage origination business. Individuals may work directly with Mortgage loan originators; US based operations group and other internal/external partners throughout the Mortgage origination life cycle.
Job Responsibilities:
- Review document & entry of loan information as per current underwriting guidelines into loan system
- Analyze income – Review & validation of US documents such as Paystubs, W2’s, Tax Returns, K-1’s & others to calculate income as part of Debt-to-Income ratio analysis
- Analyze credit – Review of consumer credit report to determine monthly obligations as part of Debt-to-Income analysis. Review of credit scores, delinquencies, and public records i.e. Judgments liens, Foreclosures, and Bankruptcies to determine credit worthiness of the clients. Review of Credit Report in adherence to FACT ACT & FCRA regulations
- Balance Sheet & Financial Analysis – Review & analysis of Personal Financial Statements along with JPM & 3rd party asset statements. Determination of Liquid & Non-Liquid Assets and Liabilities to correctly calculate Liquidity & Leverage ratios
- Coordinate with Mortgage Solutions Team (Front Office) & development of necessary credit information per current underwriting guidelines (Loan Application Development)
- Review credit conditions – Addition of relevant underwriting conditions basis the loan application & ensuring these conditions are cleared on a timely basis
- Partnering with Mortgage Solutions, Mortgage Credit team and other internal teams within mortgage operations to resolve exceptional scenarios and take the loan towards final decision
- Identify credit risks, collateral variances & deviations from standard underwriting guidelines
- Adherence to the 30-day timeline for all credit decisions from Regulation B (ECOA) standpoint.
Required Qualifications, Capabilities and Skills:
- Bachelor’s degree preferably in Business, Finance, Accounting, or any related course.
- 2-3 years of mortgage underwriting experience in US mortgage loan originations
- Experience in reviewing and analyzing US Financial Documents such as Asset statements, Personal Financial Statements, Profit & Loss Statements, Personal Tax Returns, Credit Reports, etc.
- Must have exposure to production management, work allocation, prioritization, exception handling, and process documentation.
- Thorough understanding of all stages of mortgage originations life cycle.
- Expertise in Mortgage Underwriting concepts, ratios & calculation methods. Mortgage ratios include Debt to Income, Loan to Value, Liquidity, and Leverage.
- Working knowledge of major US Mortgage Regulations.
- Good MS Excel skills.
Preferred Qualification, Capabilities and Skills.
- Excellent analytical skills with an attention to detail, quick grasping, and retention of underwriting concepts
- Excellent Communication Skills
- Time Management skills, flexibility & adaptability to changes
- Collaboration and teamwork
- Willingness to work in US, ASIA & EMEA shifts
- Exception Handling & Subject Matter Expertise, challenges status quo.
ABOUT US
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 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.
ABOUT THE TEAM
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
Benefit
- Gaining experience
- Taught first
- Receiving a bonus for overtime
Application Requirements
- Relevant formal education
- Work experience in the related industry is a plus
- Ability to adapt and learn quickly
Company address
| Province | Metro Manila |
| City | Taguig |
| Full Address | JPMorgan Chase Tower, 9th Avenue, corner 38th St, Taguig, 01635 Metro Manila, Philippines |
| Google Map | Google Map |
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