Leveraged Finance IB Credit Risk Senior Associate - Healthcare

Job Description

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 Senior Associate, Leveraged Finance Credit Risk – Healthcare in the Healthcare Leveraged Finance Credit Risk team, you support credit coverage for non-investment-grade and sponsor-backed clients across the United States healthcare industry. You manage and monitor a portfolio of leveraged issuers, underwrite leveraged buyouts and recapitalizations, and partner with the trading desk to approve hedging exposure. You also support documentation and legal negotiations and collaborate with our Asset-Based Lending Credit Team to deliver asset-backed lending solutions. Your work helps us balance risk and return while strengthening a culture of compliance and partnership.

Job responsibilities 

• Manage and monitor a portfolio of client and credit exposures across the United States healthcare industry
• Track exposure across loans, revolving facilities, term loans, letters of credit, asset-based lending facilities, and derivatives to support compliance with limits, covenants, and internal risk appetite
• Perform scenario analysis and stress testing on leverage, liquidity, and cash flow resilience
• Develop independent credit opinions and recommendations based on client performance and transaction structure
• Build and review pro forma capital structures and cash flow projection models to assess debt capacity, deleveraging, interest coverage, liquidity, and covenant headroom
• Lead credit due diligence for clients and capital markets transactions, including coordinating third-party reports, management meetings, and site visits
• Coordinate with Payments, Payments Risk, and Implementation teams to align product structures, collateralization and guarantees, and documentation with credit appetite
• Partner with Global Corporate Banking Coverage, Debt Capital Markets, Investment Banking Coverage, and Payments teams to deliver integrated client solutions
• Maintain ongoing credit monitoring and documentation awareness, including exposure, compliance status, and credit research

Required qualifications, capabilities, and skills 

• Bachelor’s degree
• Completion of a major corporate bank credit training program or equivalent credit risk experience
• Minimum of 3 years of related experience in credit risk, leveraged finance, or corporate finance
• Strong accounting and corporate finance skills, including demonstrated analytical and financial modeling ability
• Proficiency in Microsoft Excel, PowerPoint, and Word, with the ability to produce concise, decision-ready materials
• Strong verbal and written communication skills, with the ability to collaborate effectively and perform under pressure

Preferred qualifications, capabilities, and skills

• Master of Business Administration (MBA) or Chartered Financial Analyst (CFA) designation
• Familiarity with rating agency methodologies and stress testing practices
• Experience with asset-based lending structures, borrowing base analysis, and collateral due diligence
• Knowledge of loan and derivatives products, documentation, and structuring
• Experience negotiating legal documents associated with credit products
• Familiarity with borrowers operating in the healthcare industry
  This position is subject to Section 19 of the Federal Deposit Insurance Act. As such, an employment offer for this position is contingent on JPMorganChase’s review of criminal conviction history, including pretrial diversions or program entries.

About Us

JPMorganChase, 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

About the Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.