JP Morgan Chase & Co.

U.S. Private Bank - Lending Specialist - Executive Director

JP Morgan Chase & Co.$150K — $200K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of experience with credit, loan, and deposit products
  • Bachelor's degree required
  • FINRA Series 7 & 66 licenses required, with a 90-day acquisition for unlicensed candidates
  • Experience structuring creative and complex credit transactions
  • Completion of a formal credit training program
  • Strong understanding of wealth management principles including investment management and trusts
  • Expertise in complex credit products like residential real estate loans and marketable secured lending

Responsibilities

  • Serve as an internal sales leader for credit products, collaborating with Market Managers and Bankers
  • Work with Bankers to identify client needs and provide sophisticated financing solutions
  • Generate credit leads from prospects and existing clients while spearheading local marketing initiatives
  • Conduct deal analysis, due diligence, and present credit cases
  • Supervise preparation of credit approval and restructure memos
  • Monitor portfolio risk and engage in proactive quality improvements
  • Manage underwriters to adjust debt structures and risk ratings as needed

Benefits

  • Access to industry-leading investment management and private banking solutions
  • Opportunity to work with ultra-high net worth clients
  • Collaborative environment with Market Managers and Investors
  • Engagement in sophisticated credit transactions
  • Professional development through exposure to innovative credit solutions
Full Job Description
Job Description

As a Lending Specialist in the U.S. Private Bank, you will manage our most complex borrowing relationships by presenting J.P. Morgan Private Bank's credit solutions to ultra-high net worth clients and advising on implementation.

Job Responsibilities
  • Act as internal sales leader for the credit product, liaising with Market Managers, Bankers and Investors to ensure credit is a core part of the J.P. Morgan offering
  • Partner with Bankers to uncover needs and deliver sophisticated and innovative solutions to client and prospect financings or restructurings
  • Originate credit leads from prospects and existing clients and lead credit marketing initiatives for the local market
  • Handle deal analysis, due diligence and credit presentations
  • Supervise credit approval memos/restructure memos
  • Monitor portfolio risk and proactively work to improve portfolio quality and prevent loss
  • Manage underwriters to implement changes to debt structure/risk ratings in response to changes in risk environment


Required Qualifications, Capabilities, and Skills
  • Ten plus years of experience with extensive credit, loan and deposit products
  • Bachelor's degree required
  • FINRA Series 7 & 66 licenses required for position; unlicensed candidates considered but required to obtain licenses within 90 days of start date
  • Prior experience structuring creative and complex credit transactions
  • Completion of formal credit training program
  • Demonstrated understanding of wealth management including, but not limited to: investment management, trusts and financial planning
  • Expert knowledge of and proven success with complex credit products and concepts including, but not limited to residential real estate loans, concentrated collateral loans, unsecured lending, marketable secured lending, aircraft finance and art lending


Preferred Qualifications, Capabilities, and Skills
  • MBA
  • Knowledge of capital markets and macro interest rate environment
  • Knowledge of account maintenance, loan closing, credit administration and compliance procedures
  • Ability to communicate sophisticated credit concepts to all levels of clients and prospects
  • Sales experience including: profiling, overcoming objections, negotiation, team selling approach, closing the sale and asking for referrals


About the Team

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.

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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