Credit Officer - Special Credits Commercial & Investment Bank - Executive Director

JPMorganChase • Plano, TX

5d

About The Position

As a Special Credits Group Executive Director in Commercial & Investment Bank, you will develop and implement risk mitigation and recovery-maximization strategies for distressed exposures. You will work with internal stakeholders, including capital markets and origination, industry coverage, and legal teams, as well as external parties such as company management, legal and financial advisors, and other creditors. The role covers matters across industries in the US, Canada, and Latin America, including litigation and wind-down situations and a portfolio of equity and debt instruments received in exchange for previous loans or claims. You will also be involved in structuring and arranging stressed and distressed debt transactions, including Debtor-in-Possession and Exit facilities for companies in bankruptcy and Liability Management transactions.

Requirements

• 7+ years of experience in a role focused on corporate finance, credit, and leveraged finance.
• Experience in a workout or restructuring role.
• Strong verbal and written communication skills.
• Ability to lead lender groups and/or represent JPMorgan in negotiations with various stakeholders.
• Ability to make, defend, and communicate credit and structuring decisions, often based on limited information.
• High motivation and a strong sense of accountability and ownership.
• Ability to work well under pressure in a demanding environment and manage time effectively.
• Ability to work independently or collaboratively as part of a team, as needed.
• Strong attention to detail and project management skills.

Responsibilities

• Lead credit decision-making in live stressed and distressed situations, including in a leadership role within lender groups or as Administrative Agent.
• Work with deal teams on new originations for distressed borrowers and the restructuring of existing exposures.
• Review complex legal, financial, and jurisdictional issues to improve credit structures.
• Coordinate across internal constituencies, including Industry and Product Coverage, Credit Risk, Capital Markets, Legal, Compliance, and Secondary Loan Trading.
• Work with external constituents, including other lenders, company management, financial advisors, and outside counsel, to implement optimal solutions for exposure positions.
• Monitor distressed-portfolio performance and prepare updates for senior management and regulators.
• Evaluate exposure-management opportunities through loan sales.
• Prepare valuations of securities and other instruments received from previous restructurings and formulate trading and disposal strategies.
• Provide leadership on wholesale regulatory, accounting, and risk reporting, as well as Special Credits activities such as crisis management and problem credit playbooks.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Education Level: No Education Listed