Risk Management - Lead Credit Officer - Vice President

Reposted 2 Days Ago
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Plano, TX, USA
Hybrid
Senior level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Lead credit risk manager for CIB responsible for client due diligence, financial analysis, credit approvals, margin and exposure oversight, structuring loan and derivative transactions, legal negotiations, and portfolio credit research. Acts as primary credit contact for Asset Manager and Funds clients, partners with coverage and trading teams, and leads efficiency projects and credit diligence tied to M&A, LBOs, and refinancing.
Summary Generated by Built In

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 Vice President on the Corporate & Investment Bank (CIB) Credit Risk Management team, you will be responsible for capital markets, lending activities, and related credit exposures. This team is organized by geography with teams aligned by industry. CIB Credit Risk Managers lead the client credit relationship in partnership with CIB Coverage. In addition, you will have responsibility for a portfolio of Asset Manager and Funds clients and will serve as the primary contact for those credit relationships, reporting to a senior credit risk executive.   

 

Job Responsibilities:

  • Perform client due diligence and financial analysis and summarize in written credit approval memos and reviews
  • Review and approve trading activity, including recommending margin requirements as well as structural enhancements
  • Provides credit expertise in structuring loan and derivative transactions
  • Set and communicate credit exposure appetite across trading products utilizing internal exposure methodologies
  • Oversee legal negotiations for traded products and traditional lending
  • Serve as principal contact for and partner with colleagues from Sales & Trading, Prime Brokerage, Investor Client Management, Treasury & Security Services, Legal, IB Coverage, Syndicated & Leveraged Finance, Debt Capital Markets, and Ratings Advisory
  • Assess creditworthiness of clients and assign appropriate credit ratings. 
  • Maintain updated credit research on a portfolio of clients
  • Lead group wide efficiency projects 
  • Remains current on all aspects of the credit relationship, including exposure, threshold management, compliance, potential problems and opportunities.
  • Leads credit due diligence for bank and bond executions in tandem with M&A transactions, LBOs, and portfolio refinancing

 

Required qualifications, capabilities, and skills 

  • A minimum of 6 years of Credit/Market risk experience is required 
  • Strong credit background and analytical skills – demonstrated ability to grasp accounting and corporate finance 
  • Solid familiarity with leveraged finance underwriting and credit agreements
  • Possesses a solid understanding of financial products and market dynamics
  • Strong interest in client interaction and possess outstanding verbal and written communication skills
  • Ability to perform well under pressure on teams in a demanding environment 
  • Candidates should be highly proficient in Excel, PowerPoint and Word 

 

Preferred qualifications, capabilities, and skills 

  • Knowledge of Asset Management, Financial Technology and FIG industries preferred
About Us
JPMorganChase, 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, paid in the form of cash and/or forfeitable equity, 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the TeamJ.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. 

Skills Required

  • Minimum of 6 years of credit/market risk experience
  • Strong credit background and analytical skills
  • Ability to grasp accounting and corporate finance
  • Familiarity with leveraged finance underwriting and credit agreements
  • Solid understanding of financial products and market dynamics
  • Outstanding verbal and written communication skills
  • Ability to perform well under pressure in demanding team environments
  • Proficiency in Excel, PowerPoint and Word
  • Knowledge of Asset Management, Financial Technology and FIG industries

JPMorganChase Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.

  • Healthcare Strength Medical, dental, vision, and mental-health coverage are broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
  • Parental & Family Support Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
  • Retirement Support Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.

JPMorganChase Insights

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The Company
HQ: New York, NY
289,097 Employees
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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