Risk Management - Lead Credit Officer - Vice President

JPMorgan Chase & Co. • Columbus, OH

6d

About The Position

Bring your expertise to JPMorganChase.  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 Portfolio Risk Manager in Risk Management and Compliance,
you will partner with the market, various risk teams, and workout teams to
manage the loan portfolio utilizing various metrics, ensure clear alignment on
divisional risk appetite and portfolio strategy, manage the non-pass portfolio
as well as portfolio trends, transaction escalations, and gaps in delivery.

You will excel at presentation, communication and problem solving, have a
passion for analyzing large chunks of information and identifying trends and
risk issues, and then be able to form a concise view and strategy on how best to
mitigate with help from the overall risk team.

Requirements

• Minimum 5+ years of demonstrated achievement in risk management, financial or portfolio analysis.
• Strong written and verbal communication skills and ability to interact and form strong working relationships with all levels of the organization is required
• Advance knowledge of MS Office Suite (Word, Excel, PPT, Sharepoint)
• Strong interpersonal skills - a highly motivated, confident, team player
• Ability to work independently & manage projects and deadlines

Nice To Haves

• A bachelor's degree in Business, Finance, Accounting, Economics, or equivalent work experience preferred
• Completion of a formal credit underwriting training program, having held credit authority in wholesale lending capacity, or equivalent experience underwriting and/or approving business loans.

Responsibilities

• Analyze the division loan portfolio and its key metrics monthly and then author and publish 2 critical risk reports that are reviewed monthly with the markets regarding the health of the division and specific market loan portfolio.
• Drive oversight of the division’s loan portfolio by managing to regulatory Key Risk Indicators and Key Performance Indicators and specializing in supervision of the non-pass portion of the loan portfolio.
• Align with assigned Division Risk Manager, Senior Risk Approver, and Underwriting Manager on a coordinated risk appetite, portfolio strategy, escalation process, and consistent communication to the markets.
• Review and approve downgrades within granted credit authority, for the non-pass portion of the portfolio, and consult with the market on appropriate strategies concerning stay/exit, and transfer deteriorating relationships to the workout teams when appropriate.
• Identify emerging risks in the loan portfolio through diligent analysis, review of portfolio metrics and trends, scheduled portfolio reviews as assigned, as well as staying current with market conditions and economic cycles.
• Prepare ad hoc materials or reports for the Division Risk Manager as assigned as well as interact with other functional Risk partners such as Legal, Compliance, Controls, Underwriting, and Sales.
• Form strong working relationships with market leaders and their teams as well as all related risk teams.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees