JP Morgan Chase & Co.

Credit Risk Officer, Vice President - Asset Based Lending

JP Morgan Chase & Co.$125K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree required
  • 5+ years in commercial banking and credit risk with ABL knowledge
  • Strong understanding of capital markets and financing structures
  • Excellent verbal and written communication skills
  • Critical thinker with multitasking ability
  • Strong interpersonal skills for relationship development
  • Proficiency in Microsoft Office Suite.

Responsibilities

  • Manage ABL client portfolio and financial performance trends
  • Perform comprehensive due diligence for loans and cash management
  • Lead negotiations for ABL credit structuring and legal documents
  • Collaborate with internal teams and stakeholders
  • Monitor borrowing base trends and lead credit relations.

Benefits

  • Impact the growth and resilience of a leading financial institution
  • Opportunity to solve real-world challenges
  • Work in a culture that encourages out-of-the-box thinking
  • Be part of a global leader in banking and investment services.
Full Job Description
Job Description

Description
Bring your expertise to JPMorgan Chase and join a leading team of ABL credit risk professionals. In Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient and your work will have a direct impact supporting responsible business growth while anticipating new and emerging risks. Further, using your expert judgement you work to solve real-world challenges that impact our company, customers, and communities. Our culture is all about thinking outside the box, challenging the status quo, and striving to be best-in-class

As a Lead Credit Officer, Vice President in Asset Based Lending Credit Risk, you will be part of the firm's risk governance framework and a critical member of the risk management team. The Asset Based Lending team primarily provides working capital revolving lines of credit and fixed asset loans to corporate clients. Credit Officers on the Commercial Bank Asset Based Lending team manage a portfolio of accounts and new business transactions.

Job Responsibilities
  • Manage portfolio of ABL clients, monitor financial performance trends, borrowing base trends and lead ABL credit relationship with borrower and internal stakeholders
  • Perform due diligence for loans, derivatives, leases and cash management including financial due diligence, financial and /or liquidity modeling, field exam, appraisal and legal diligence
  • Lead ABL credit structuring and legal document negotiations
  • Partner with Bankers, Corporate Credit partners, Debt Capital Markets, Treasury Services, Leasing, Derivatives and Loan Operations

Required qualifications, capabilities, and skills
  • Bachelor's Degree, required.
  • Minimum 5 years' experience in commercial banking, credit risk, portfolio management with Asset Based Lending financing knowledge
  • Strong understanding of capital markets, financing structures, derivatives, and cash management products as well as related documentation
  • Excellent communication and presentation skills - both written and verbal
  • Ability to think critically and multitask in a fast-paced environment
  • Strong interpersonal and relationship development skills
  • Proficiency in Microsoft Excel, Word, PowerPoint and Outlook

Preferred qualifications, capabilities, and skills
  • Formal credit training program a plus
  • Bachelor's degree in accounting or finance, preferred.

    This position is subject to Section 19 of the Federal Deposit Insurance Act. As such, an employment offer for this position is contingent on JPMorganChase's review of criminal conviction history, including pretrial diversions or program entries.


About the Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

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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