JP Morgan Chase & Co.

U.S. Private Bank - Lending Specialist - Vice President

JP Morgan Chase & Co.$150K — $180K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years experience in credit, loan, and deposit products
  • Bachelor’s degree required
  • FINRA Series 7 & 66 licenses required (or must obtain within 90 days)
  • Experience in structuring complex credit transactions
  • Completion of formal credit training program
  • Understanding of wealth management practices
  • Expert knowledge of complex credit products, particularly in niche areas like aircraft finance and art lending

Responsibilities

  • Act as internal sales leader for credit products across teams
  • Partner with Bankers to uncover client needs and deliver solutions
  • Originate credit leads and lead marketing initiatives
  • Conduct deal analysis, due diligence, and prepare credit presentations
  • Supervise creation of credit approval and restructure memos
  • Monitor portfolio risk and enhance portfolio quality
  • Manage underwriters to adjust debt structures based on risk

Benefits

  • Professional development opportunities
  • Dynamic work environment with high-caliber clients
  • Access to innovative financial solutions
  • Opportunity to collaborate with experienced financial professionals
  • Involvement in high-stakes financial transactions
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

  • Seven 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

  • 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 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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