Risk Management - Structured and Subscription Financing Credit Officer - Vice President
Apply NowCompany: JP Morgan Chase & Co.
Location: New York, NY 10025
Description:
Job Description
Bring your expertise to JPMorganChase. As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase 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 within the Commercial & Investment Bank (CIB) Asset Managers Credit Risk Team, you will have responsibility for a portfolio of asset managers and funds, serving as primary coverage for those credit relationships and reporting into the group leader. You will manage a client portfolio, which involves overseeing transaction structures, conducting counterparty due diligence, and continuously monitoring exposure from traditional bank lending products, structured financing, and capital markets trading activities. The Asset Managers Credit Risk Team manages exposure to North American based Traditional and Alternative Asset Management firms, Private Capital Sponsors, and related client entities that are that are industry leaders engaging across the spectrum of investment strategies.
Job responsibilities
Required qualifications, capabilities, and skills
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 Team
J.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.
Bring your expertise to JPMorganChase. As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase 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 within the Commercial & Investment Bank (CIB) Asset Managers Credit Risk Team, you will have responsibility for a portfolio of asset managers and funds, serving as primary coverage for those credit relationships and reporting into the group leader. You will manage a client portfolio, which involves overseeing transaction structures, conducting counterparty due diligence, and continuously monitoring exposure from traditional bank lending products, structured financing, and capital markets trading activities. The Asset Managers Credit Risk Team manages exposure to North American based Traditional and Alternative Asset Management firms, Private Capital Sponsors, and related client entities that are that are industry leaders engaging across the spectrum of investment strategies.
Job responsibilities
- Perform client due diligence and financial analysis and summarize in written credit approval memos and reviews
- Review and approve counterparty trading activity, including recommending collateral requirements as well as structural enhancements
- Provides credit expertise in structuring both 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 Markets Trading and Structuring, Prime Brokerage, Investor Client Management, Treasury & Security Services, Legal, IB Coverage, and Debt Capital Markets
- Assess creditworthiness of clients and assign appropriate credit ratings and maintain updated credit research on a portfolio of clients and lead group wide efficiency projects
- Remain current on all aspects of the credit relationship, including exposure, threshold management, compliance, potential problems and opportunities.
- Lead credit due diligence for bank and bond executions in tandem with M&A transactions, LBOs, and portfolio refinancings
- Supervise, review and provide input on analysis and seeks credit and regulatory approval for all transactions individually or as part of a deal team
- Perform Agent role for closed syndicated transactions, including negotiating and documenting amendments and waivers
Required qualifications, capabilities, and skills
- 6+ years of credit risk experience within financial services (investment banking or similar) - particularly leveraged, subscription and structured financing
- Knowledge of Asset Management, Financial Technology and/or Financial Institution groups (FIG) industries
- Strong credit background and analytical skills - demonstrates a solid grasp of accounting and corporate finance
- Solid familiarity with leveraged finance underwriting and credit agreements
- 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
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 Team
J.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.