12 days old

CCB - Auto Finance - Dealer Commercial Services – Underwriter II Wholesale Credit – Associate

JPMorgan Chase & Co.
Plano, TX 75074
  • Job Code
    190104447

CCB - Auto Finance - Dealer Commercial Services – Underwriter II Wholesale Credit – Associate

Req #: 190104447
Location: Plano, TX, US
Job Category: Accounting/Finance/Audit/Risk
Potential Referral Amount: US Dollar (USD)

 

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at http://www.jpmorganchase.com/.

  

Our Firmwide Risk function is focused on cultivating a stronger, unified culture that embraces a sense of personal accountability for developing the highest corporate standards in governance and controls across the firm. Business priorities are built around the need to strengthen and guard the firm from the many risks we face, financial rigor, risk discipline, fostering a transparent culture and doing the right thing in every situation. We are equally focused on nurturing talent, respecting the diverse experiences that our team of Risk professionals bring and embracing an inclusive environment.

 

  

CCB Risk

Chase Consumer & Community Banking (CCB) serves consumers and small businesses with a broad range of financial services, including personal banking, small business banking and lending, mortgages, credit cards, payments, auto finance and investment advice. Consumer & Community Banking Risk Management partners with each CCB sub-line of business to identify, assess, prioritize and remediate risk. Types of risk that occur in consumer businesses include fraud, reputation, operational, credit, market and regulatory, among others 

 

 

This position reports up through Consumer and Community Banking Risk; however, Dealer Commercial Services (DCS) is a specialized commercial lending group that works with automobile dealers. 

 

As an Underwriter II in Dealer Commercial Services, your primary role is to take ownership of your portfolio and to utilize excellent credit skills to work independently on the portfolio of relationships assigned to you. You will appropriately assess the risk in your portfolio, diligently managing the portfolio (i.e. renewals, modifications, managing the credit metrics), and meeting customer deadlines.  You will be a partner to the Bankers in the Division, striving to balance sales and credit quality goals and expected to independently identify and assess key risk initially or as they develop and appropriately structure deals to mitigate those risks.  A successful individual must possess and apply a broad understanding of the business environment including the auto industry, current events, and economic cycles.  

 

Responsibilities include but are not limited to:

  • Taking ownership of your portfolio with the ability to multi task, prioritize deal flow and act with a sense of urgency to meet established timelines.

  • Utilizing excellent credit skills to author well thought out and concise analysis of DCS relationships using appropriate structure and identifying key risks.

  • Ensuring ongoing follow up and monitoring of dealership performance metric to ensure compliance with loan documentation and bank policies and procedures.

  • Working in partnership with the Bankers to develop fulsome Client relationships including being looked to as the go to person when the banker is out.

  • Working proactively, in a constructive, diplomatic manner, with both internal and external contacts to keep transactions moving.

  • Demonstrating excellent communication skills both internally and externally and using those communication skills to effectively solve problems.

Having the ability to voice your opinion in a clear, concise manner and to defend that position with Management.               

  • BA/BBA/MBA
  • 3+ years’ commercial banking / lending experience including extensive credit, structuring and marketing experience. 

  • Commercial banking / automotive captive experience, with thorough knowledge of accounting and financial statement analysis. 

  • Superior analytical skills supported by excellent written and verbal communication skills. 

  • Demonstrated judgment and ability to act decisively. 

  • Expert knowledge of credit philosophy and policies, loan documentation, and related legal issues. 

  • Thorough knowledge of the Bank's policies and procedures, as well as its products and their inherent risks. 


               


Keyword: consumer%20banking

Categories

Posted: 2019-11-25 Expires: 2019-12-25

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CCB - Auto Finance - Dealer Commercial Services – Underwriter II Wholesale Credit – Associate

JPMorgan Chase & Co.
Plano, TX 75074

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