Wholesale Credit Risk Management - Lead Credit Officer - Vice President - JPMorgan Chase
Plano, TX
About the Job
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 Vice President on the Wholesale Credit Risk team, you will be a part of our Consumer, Retail and Healthcare responsible for lending activities, portfolio monitoring and managing investment-grade related credit exposures within the Corporate and Investment Bank and the Commercial Bank. Our teams have risk responsibility globally for nearly every bank product and risk exposure available to corporate clients in the capital markets today. We work closely with coverage and product groups to support business needs. You will utilize superior analytical skills, combined with credit and industry knowledge, to make and support credit decisions for a portfolio of clients. You will collaborate across credit risk and the business teams to meet client credit requests, while balancing the risk-return needs of the Firm.
Job Responsibilities
+ Manage and monitor a portfolio of client credit exposures, across industry classes, on an ongoing basis
+ Take ownership of client credit needs and projects and independently develops a credit opinion
+ Oversee and conduct credit analysis and approves or seeks approval for all lending and trading related transactions, including operating exposures, individually or as part of a deal team
+ Provides credit expertise in structuring new loan and derivative transactions
+ Lead or assist in negotiating, finalizing, and executing documentation for loans and derivatives
+ Remain current on all aspects of the credit relationship, including exposure, compliance, potential problems and opportunities
+ Provide a cohesive and comprehensive approach to review ratings, risk assessment, portfolios, clients and industries in their sector
+ Review and assigns risk ratings and maintains updated credit research on their portfolio of clients
+ Work with CIB Coverage, CB Coverage and Americas Corporate Banking on allocation of capital for clients; maintains threshold and industry limits
+ Manage credit due diligence process for clients, including for capital markets transactions
+ Review and approve written credit approval documents, which include financial analysis and modeling
Required Qualifications, Capabilities and Skills
+ Bachelor's degree
+ 5-10 years experience in credit risk, either in banking or a corporate finance role
+ Excellent accounting and corporate finance expertise and/or completion of a major corporate bank credit training program or equivalent experience
+ Strong analytical and financial modeling ability
+ Solid knowledge of loan and derivative products, documentation, and structuring
+ Experience negotiating legal documents associated with credit products
+ Outstanding verbal and written communication, along with strong interpersonal skills
+ Exceptional work ethic and ability to work well under pressure on teams in a demanding environment
+ Proficiency in Excel, PowerPoint and Word software
Required Qualifications, Capabilities and Skills
+ MBA or CFA designation
+ Previous credit risk experience in Consumer, Retail and/or Healthcare
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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation 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 is an Equal Opportunity Employer, including Disability/Veterans
As a Credit Risk Vice President on the Wholesale Credit Risk team, you will be a part of our Consumer, Retail and Healthcare responsible for lending activities, portfolio monitoring and managing investment-grade related credit exposures within the Corporate and Investment Bank and the Commercial Bank. Our teams have risk responsibility globally for nearly every bank product and risk exposure available to corporate clients in the capital markets today. We work closely with coverage and product groups to support business needs. You will utilize superior analytical skills, combined with credit and industry knowledge, to make and support credit decisions for a portfolio of clients. You will collaborate across credit risk and the business teams to meet client credit requests, while balancing the risk-return needs of the Firm.
Job Responsibilities
+ Manage and monitor a portfolio of client credit exposures, across industry classes, on an ongoing basis
+ Take ownership of client credit needs and projects and independently develops a credit opinion
+ Oversee and conduct credit analysis and approves or seeks approval for all lending and trading related transactions, including operating exposures, individually or as part of a deal team
+ Provides credit expertise in structuring new loan and derivative transactions
+ Lead or assist in negotiating, finalizing, and executing documentation for loans and derivatives
+ Remain current on all aspects of the credit relationship, including exposure, compliance, potential problems and opportunities
+ Provide a cohesive and comprehensive approach to review ratings, risk assessment, portfolios, clients and industries in their sector
+ Review and assigns risk ratings and maintains updated credit research on their portfolio of clients
+ Work with CIB Coverage, CB Coverage and Americas Corporate Banking on allocation of capital for clients; maintains threshold and industry limits
+ Manage credit due diligence process for clients, including for capital markets transactions
+ Review and approve written credit approval documents, which include financial analysis and modeling
Required Qualifications, Capabilities and Skills
+ Bachelor's degree
+ 5-10 years experience in credit risk, either in banking or a corporate finance role
+ Excellent accounting and corporate finance expertise and/or completion of a major corporate bank credit training program or equivalent experience
+ Strong analytical and financial modeling ability
+ Solid knowledge of loan and derivative products, documentation, and structuring
+ Experience negotiating legal documents associated with credit products
+ Outstanding verbal and written communication, along with strong interpersonal skills
+ Exceptional work ethic and ability to work well under pressure on teams in a demanding environment
+ Proficiency in Excel, PowerPoint and Word software
Required Qualifications, Capabilities and Skills
+ MBA or CFA designation
+ Previous credit risk experience in Consumer, Retail and/or Healthcare
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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation 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 is an Equal Opportunity Employer, including Disability/Veterans
Source : JPMorgan Chase