Risk Management - Special Credits Lead - Vice President

JPMorgan Chase & Co.•Plano, TX

About The Position

As a Special Credits Vice President in Commercial & Investment Bank, you will develop/implement risk mitigation and recovery maximization strategies for distressed exposure. Working closely with stakeholders both internally (capital markets and origination, industry coverage, legal, among others) and externally (company management, legal and financial advisors, and other creditors), you will cover matters across all industries in the US, Canada, and Latin America. This includes litigation/wind-down situations as well as a portfolio of equity and debt instruments received in exchange for previous loans/claims. You will also be involved with the structuring and arrangement of stressed and distressed debt transactions, including Debtor-in-Possession / Exit facilities for companies in bankruptcy and Liability Management transactions.

Requirements

6+ years of experience in role focused on corporate finance, credit and leveraged finance
Experience in a workout / 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 / structuring decisions, often based on limited information
High degree of motivation with a strong sense of accountability and ownership of tasks; Ability to work well under pressure in a demanding environment with good time management
Ability to be self-sufficient or work collaboratively as a team, as needed
Strong attention to detail and project management skills

Responsibilities

Lead credit decision-making process in live stressed / distressed situations while in leadership role amongst lender group/Administrative Agent capacity
Work with deal teams on new originations for distressed borrowers and the restructuring of existing exposure
Review complex legal, financial and jurisdictional issues with an objective of improving credit structures
Coordinate across multiple 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 performance of distressed portfolio; prepare updates for senior management and regulators
Evaluate exposure management opportunities through loan sale; Prepare valuations on securities/ other instruments received from previous restructurings and formulate trading and disposal strategies
Provide leadership on the wholesale regulatory, accounting and risk reporting agenda as well as other Special Credits-specific activities including crisis management and problem credit playbooks