JPMorgan Chase Bank, N.A. Looking for Commercial Bank Credit Risk Fig Diversified Finance, Vp at Chicago, IL, United States Full Time

Job Description

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 Underwriter (Vice President) on the CCBSI FIG – Diversified Finance Team, you would be responsible for the credit risk management of a portfolio of NBFIs (Non-Bank Financial Institutions) which operate in the following financial sectors: asset management, private equity, payments, sustainable finance, exchanges, lender finance, and other financial services. You will work in partnership with relationship banking, treasury services, syndications, trading, and other product partners to analyze, structure, risk grade, document, and approve credit exposures. You will be an instrumental member of the Risk Management team that will drive deal documentation negotiations / execution, and is also responsible for the on-going monitoring and risk management of an assigned portfolio of credits. This is a national portfolio of clients, thus travel will be required from time to time.

Job Responsibilities

• Risk Assessment: Identify and evaluate the key risk factors associated with clients, transactions, and industry asset classes across an assigned portfolio; develop and articulate a dynamic, forward-looking risk assessment of client companies, transactions, competitive threats, industry and other factors; lead client due diligence meetings; attend client, bank, and other meetings to develop a better understanding of client companies, management teams, and industry sectors; use financial models to incorporate the impact of forward-looking risk assessment on key value drivers; develop and recommend appropriate credit structures relative to risk assessment
• Drive the Credit Approval Process : Ensure all credit risk and other policies are followed, and credit exposures are approved at the appropriate level; prepare credit approval materials, and present and recommend credits for approval at appropriate level; analyze and negotiate covenants and other terms and conditions as part of a deal team; review and negotiate legal documentation to ensure terms are appropriate and consistent with credit approval
• On-going Portfolio Management : Provide a well-researched and thoughtful risk assessment of each assigned client on an ongoing basis; ensure risk ratings are accurate and reflect a current forward-looking view of the client; provide early identification and proactive management of deteriorating credits and other problem situations; analyze, prepare, and present for approval all required waivers, amendments, and extensions; work in tandem with relationship managers to address questions from loan syndicate members regarding financial and compliance reporting and credit-focused inquiries; prepare and present annual portfolio review material to senior management; work with bank examiners and internal credit reviewers to validate credit quality and integrity of the credit process; work closely with Credit Services to ensure accuracy of credit system data
• Active Member of Deal Team : Actively engage and contribute thoughts and views as a critical member to the overall, team, understand everyone’s role on the team; provide professional feedback to teammates; anticipate potential issues and proactively remedy, and be a value-add contributor and successful communicator to all teammates.

Required Qualifications, Capabilities, and Skills

• BA/BS degree required, MBA a plus
• Typically 5 – 7 years of commercial / corporate banking / lending experience including extensive credit, structuring, and marketing experience
• Completion of a major corporate bank credit training program or equivalent experience
• Excellent verbal and written communication skills
• Independently productive; able to operate at a highly effective level with minimal day-to-day managerial direction
• Demonstrated interpersonal skills to interact effectively with clients, bankers, product partners, and senior management
• Strong work ethic with the ability to meet deadlines while multi-tasking

Preferred Qualifications, Capabilities, and Skills

• Prior experience with underwriting FIG/regulated entities
• Superior credit, lending, negotiation, and loan documentation skills
• Knowledge of credit and JPMC (or similar bank) policies and procedures
• Excellent Excel/PowerPoint/MS Office knowledge

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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs. The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the “WELL Health-Safety Rating” for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment. As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm’s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm’s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

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, discretionary incentive compensation which may be 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. Equal Opportunity Employer/Disability/Veterans