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The Chase Middle Market Banking and Specialized Industries Group is part of JP Morgan Chase's Commercial Bank and focuses on companies with revenue from $20MM to $500MM.This position is for a Credit Risk Executive who assists leading the Middle Market and ABL Risk organization across the Northeast geographic region/market covering 10 states. The Credit Risk Executive is the supervisory credit risk manager for the loan portfolio and leads the risk team working in partnership with coverage banking management and officers, syndications, and other partners, to analyze and approve credit requests, structure credit facilities, and negotiate credit agreements and other loan documentation.To be successful, this individual needs a broad and deep understanding of the business, financial, competitive, and industry risks faced by clients in the assigned portfolio; expertise in structuring commercial loan transactions and managing all types of credit risk; and a comprehensive knowledge of corporate finance principles.LeadershipManage multiple levels of credit risk professionals across geographies, markets, and lines of business
Lead and facilitate a robust and diverse talent strategy and development plan across the organization
Fosters a collaborative and inclusive environment that supports growth and development; leads inclusively and prioritizes diversity, equity and inclusion
Partner with executive management across the organization to drive, influence, and collaborate on the accomplishment of business objectives and overall company goals
Initiate, influence and drive change to advance market, function, and organizational growth and progression
Join coverage banking management in client- and prospect-facing meetings and events
Develop and maintain external partnerships with counsel and financial advisors.
Risk AssessmentIdentify the key risk factors associated with clients, transactions, and industry sub-sectors
Develop and articulate a dynamic, forward-looking risk assessment of borrowers, transactions, competitive threats, and industry and other factors
Ensure thorough client due diligence and consistent transaction negotiations across the team
Attend client, bank, and industry meetings to develop a thorough understanding of client borrowers, management teams, and industry sectors
Recommend and approve appropriate credit structures relative to risk assessment and policy considerations
Credit Approval Process, Portfolio Management and Control ProcessApply corporate finance, accounting expertise and industry knowledge of credit market to develop appropriate financing structures
Review credit approval materials, ensure all credit risk policies are followed, and utilize approval authority and/or, where necessary, present and recommend credits for approval by senior management
Lead the team in the analysis, negotiation and execution of financing terms and conditions
Ensure risk ratings are accurate across the portfolio and reflect a current forward-looking view of the portfolio's health
Provide early identification and proactive management of deteriorating credits and other problem situations and drive the team to successful outcomes
Lead periodic portfolio reviews, watchlist and credit surveillance meetings
Drive acceptable portfolio management metrics for covenant monitoring, document gathering, approval requirements, etc.
Achieve satisfactory audit and credit review results
Maintain a control environment consistent with internal policies
Participate in business activities providing a risk perspective, strategic planning, resolution of legal issues, assessment, and mitigation of reputational risks, etc.
Qualifications :Minimum of 10+ years Commercial Banking risk experience preferred
Strong experience with leveraged private equity owned businesses is preferred
Superior credit, corporate finance, negotiation, loan documentation skills
Strong interpersonal skills and verbal and written communication, collaboration, partnership, and time management skills
Independently productive; able to operate at a highly effective level with minimal day-to-day managerial direction
Prior management experience leading teams and influencing stakeholders and partners
Completion of a major corporate or investment bank credit training program, or equivalent experience, and a thorough understanding of bank credit policies and procedures
BA/BS degree is required, advanced degree in finance, accounting, mathematics/modeling, or economics
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.Equal Opportunity Employer/Disability/Veterans
Vacancy expired!