JP Morgan Chase & Co.

Business Banking SBA Credit Risk Officer, Vice President

JP Morgan Chase & Co.$125K — $150K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience
  • Completion of advanced courses in finance, accounting, and credit
  • 8+ years in business banking/commercial with a strong credit judgment
  • Ability to articulate objective views based on analysis
  • Strong knowledge of credit policies and legal issues
  • Excellent verbal, written, and interpersonal skills
  • Effective team player with individual accountability

Responsibilities

  • Analyzes and decides on credit requests
  • Prepares and reviews credit analyses, gathering business requirements
  • Applies knowledge of market conditions and strategies for analysis
  • Guides structuring and terms of credit products
  • Manages large data sets on credit risk exposures
  • Identifies and escalates credit risk issues
  • Performs in-depth analysis of credit opportunities
  • Collaborates with model teams for documentation and approvals

Benefits

  • Opportunity to lead and shape credit strategy
  • Collaborative work environment with cross-functional teams
  • Involvement in senior risk discussions and presentations
  • Opportunity for continued professional development and advanced training
  • Access to advanced analytical tools and resources
Full Job Description
JOB DESCRIPTION

As aLead Credit Officer Vice PresidentinBusiness Banking Risk, you lead credit oversight and decisioning for new and existing extensions of credit within the Business Banking line of business. You evaluate complex credit opportunities end-to-endfrom due diligence and financial analysis through structuring, negotiation, and final decisionwhile proactively identifying, escalating, and helping mitigate credit risk issues. You also support senior risk discussions by translating portfolio data into clear insights and recommendations, and partner cross-functionally to strengthen credit strategy, controls, and (as applicable) model governance.

Job Responsibilities:

  • Analyzes and decisions credit requests.
  • Prepares, reviews and challenges quantitative and qualitative credit analysis while also responsible for Business Analysis, gathering requirements and writing business and technical stories for consumption by management.
  • Applies broad knowledge of key collection strategies (e.g., competitor activities, market conditions, financial metrics and regulatory environment) to perform analysis and present findings to senior management for decision making.
  • Provides input and guidance to the structure and terms of the relevant credit products extended to issuers/clients.
  • Manages and analyzes large amounts of data and information pertaining to credit risk exposures.
  • Identifies, analyzes and escalates credit risk issues to the respective business areas.
  • Performs in-depth credit analysis of potential opportunities and existing credit relationships across the business spectrum.
  • May collaborate with the model group to prepare model documentation, provide credible challenge, and obtain usage approvals.
  • Provides input into deep dives and prepares and delivers presentations for various senior Risk forums to provide updates on the Credit portfolio and support risk discussions.

Required qualifications, capabilities and skills:

  • Bachelor's degree or equivalent experience
  • Completion of advanced courses in finance, accounting, and credit
  • 8+ years9experience requiring business banking/commercialknowledge and credit judgement.
  • Ability to formulate and articulate objective views based on professional analysis.
  • Strong knowledge of credit policies, loan documentation, bankruptcy and related legal issues.
  • Strong verbal, written, and interpersonal skills, as well as analytic and problem-solving skills.
  • Demonstrated PC aptitude.
  • Works effectively in a team environment, while assuming individual responsibility.

Preferred qualifications, capabilities, and skills:

  • Business Banking/Commercial portfolio banking experience
  • Small Business Association credit/operations banking experience
  • A master's degree is preferred

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

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