Credit Officer - Special Credits Commercial & Investment Bank - Executive Director
About The Position
As a Special Credits Group Executive Director in the Commercial & Investment Bank, the Credit Officer develops and implements risk mitigation and recovery maximization strategies for distressed exposures. The role covers matters across all industries in the United States, Canada, and Latin America, including litigation and wind-down situations, as well as portfolios of equity and debt instruments received in exchange for previous loans or claims. The position works closely with internal stakeholders, including capital markets and origination, industry coverage, legal, and other groups, and external parties such as company management, legal and financial advisors, and other creditors. It also involves structuring and arranging stressed and distressed debt transactions, including Debtor-in-Possession and Exit facilities for companies in bankruptcy, as well as Liability Management transactions.
Requirements
- At least 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, including the ability to lead lender groups and/or represent JPMorgan in negotiations with stakeholders.
- Ability to make, defend, and communicate credit and structuring decisions, often with limited information.
- High motivation, accountability, and ownership of tasks; ability to work under pressure in a demanding environment and manage time effectively.
- Ability to work independently or collaboratively as needed.
- Strong attention to detail and project management skills.
Responsibilities
- Lead credit decision-making in active stressed and distressed situations, including in a leadership role among lender groups or as Administrative Agent.
- Work with deal teams on new originations for distressed borrowers and restructuring existing exposures.
- Review complex legal, financial, and jurisdictional issues to improve credit structures.
- Coordinate with internal groups, including Industry and Product Coverage, Credit Risk, Capital Markets, Legal, Compliance, and Secondary Loan Trading.
- Work with external parties, 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.
- Lead the wholesale regulatory, accounting, and risk reporting agenda, as well as Special Credits activities such as crisis management and problem credit playbooks.
Benefits
- Competitive total rewards package, including base salary and, for eligible roles, commission-based pay and/or discretionary incentive compensation in cash and/or forfeitable equity.
- Comprehensive health care coverage.
- On-site health and wellness centers.
- Retirement savings plan.
- Backup childcare.
- Tuition reimbursement.
- Mental health support.
- Financial coaching.
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What This Job Offers
Job Type
Full-time
Career Level
Executive
Education Level
No Education Listed
