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C&I Credit and Lending Product Strategy - AssociateAbout the Credit & Lending Product Management teamThe C&I Credit and Lending Product Management Team sits with CB Credit & Lending Product Solutions team and is responsible for management, development and ownership of JPMorgan's Corporate credit suite of products, the central credit product hierarchy across the firm, and the delivery of lending solutions for Corporate and Industrial clients. The Credit & Lending Product Management team partners closely with other members of CB Credit Product Solutions teams which are comprised of various Product Execution, Revenue Management, Program management teams in both US and international locations.Credit is rapidly evolving with new structures, features and channels, as well as clients looking for providers that can help meet changing priorities. Banks are competing and partnering with industry participants to meet client needs.Reporting to the Head of C&I Credit and Lending Product Management, the Product Associate will support various strategic programs across the credit and lending continuum. The Associate will work closely senior members of the Credit & Lending Product Management team, partner with internal stakeholders across Lines of Business (LOBs) and functions. Example projects will be to drive solutioning of unique problem statements and leveraging our products in new and compelling ways to meet emerging client use-cases.Core C&I Product Management Team ResponsibilitiesPartner with leadership to define and design credit & lending product strategy to drive growth in the business, including development of new or expanded products, technology solutions and digital
Understand JPMorgan's competitive positioning and other market insights for these products
Partner with internal stakeholders to understand product gaps and develop go-to market strategies
Act as subject matter expert to our CB partners and clients on the product set
Drive operational and process enhancements for credit & lending products, including collaboration with Credit Risk, Wholesale Lending Services, Banking, Sales, Client Service, and other internal stakeholders
Establish, design and monitor reports of key performance indicators (KPI) for relevant product sets to drive product P&L and identify emerging balance and revenue trends and opportunities
Ensure product pricing strategies are aligned with the Bank's balance sheet and other strategic objectives
Support end-to-end client experience and associated initiatives to deliver a best-in-class solutions for clients
Assist in the development of product training and sales & marketing materials
Ensure regulatory compliance & legal requirements on this product set
Segmenting, tracking and analyzing client product usage, profitability, risk profiles and pipeline development
On everything above, partner with Banking, Sales, Credit Risk, Technology, Operations, Client Service, Finance, Risk, Legal, Compliance, and other LOB's that utilize the product set
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.Job DescriptionThe Credit and Lending Product Strategy Associate will support JPMorgan's Corporate & Industrial Credit and Lending Product Management team which is responsible for product strategy, development, solutions, commercialization, performance monitoring and oversight & control as noted above. The team also acts as Credit and Lending Product SMEs for other teams within CB Credit Solutions.You will closely partner with senior members of the Credit & Lending Product Management team to support the team's mandate with respect to covered Credit & Lending Products. Along with senior members of the team, you will interact and partner with a wide array of product and functional stakeholders to understand client and user needs, market penetration gaps, competitive landscape, support the development of new or changed products and features, support the governance and change management processes to ensure bankers, underwriters and Wholesale Lending Services are equipped to sell and service credit and lending products. You will also support high - profile projects driven by regulatory or product transformation strategies,The C&I credit product suite is utilized by many JPMorgan Chase wholesale clients across several LOB's, including CB, Corporate & Investment Banking, Private Banking and Dealer Services. Current product vertical coverage includes:Traditional Wholesale Loan Products
Collateralized Loan Products
Treasury and Trade Finance Credit Products
Credit and Lending Products sold to the high growth middle market team
What you will develop:This newly created role provides an excellent opportunity to work with bankers, credit risk and operations teams to build and execute strategy and transformation related to credit & lending products. You will build and develop strong stakeholder management, project management, communication skills with this role. This role will also provide an opportunity to be part of an inclusive team upholding firm's Diversity, Equity and Inclusion principles.
Qualifications3+ years' experience in finance, strategy, operations, risk management or a combination thereof
Prior experience with Credit/Lending products preferred
Bachelor's Degree
Experience in identifying and developing strategies or processes using creative and "out of the box" thinking
Strong project management skills; well-organized, structured approach; ability to achieve tight timelines on complex deliverables
Must possess strong verbal and written communications skills with the ability to synthesize "the story" for executive-level audiences and the ability to adjust messages based on different audiences
Strong judgment and professional maturity, proactive and results-oriented, fact and analysis-based approach to problem solvingAdvanced skills with Microsoft Excel, PowerPoint, Visio
Thrives in a dynamic and fast paced environment, and able to manage multiple concurrent initiatives and solve problems as they arise
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
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