Risk Management - ABL Credit Risk Manager, Vice President - 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 Manager in Asset Based Lending your responsibility will be to manage an assigned portfolio of Commercial Banking clients who have Asset Based loans. Asset Based Lending Credit Risk Managers lead the client credit relationship with Commercial Bank Bankers who manage the overall relationship. The role involves extensive interaction with clients, other product partners, internal and external legal counsel, lenders and investors.


Job responsibilities


• Leads all aspects of the credit relationship, including credit analysis, financial modeling and coordinating credit approval for all products including loans, derivatives, leases and cash management

• Proactively support and enhance client relationships

• Leadership role in assigning and assessing internal ratings, risk assessment and risk mitigation. Recommend changes in structure (i.e. amendments/waivers) or account management strategy and risk rating to address negative trends. Assess monthly, quarterly and annual financial statements and borrowing base reporting

• Take a leadership role in structuring and negotiating Credit Agreements, amendments and waivers. Manage and monitor loan products including affirmative, negative/ financial covenant compliance and comply with internal and external regulatory requirements. Manage ongoing communication with all internal product partners and if applicable bank group members

• Interpret financial data, collateral appraisals and field exams. Ongoing monitoring of financial trends, collateral trends and liquidity, establishing reserves and recommending appropriate course of action to address issues

• Partner with Bankers, Debt Capital Markets, Treasury Services, Leasing, Derivatives and Operations

• Communicate with Senior Management, respond to regulatory requests and maintain internal credit files

• Train and mentor junior team members


Required qualifications, capabilities and skills


• At least 5 years experience in Risk and Asset Based financing experience

• Strong understanding of capital markets, financing structures, derivatives and cash management products as well as related documentation

• Excellent communication skills - both written and verbal

• Ability to multitask in a fast paced environment

• Bachelor's degree in Accounting or Finance required


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