1+ months

CIB – Credit Risk – North America Corporates – Vice President

JPMorgan Chase & Co.
Plano, TX 75074
  • Job Code
    190093640

CIB – Credit Risk – North America Corporates – Vice President

Req #: 190093640
Location: Plano, TX, US
Job Category: Accounting/Finance/Audit/Risk
Potential Referral Amount: US Dollar (USD)

 

 

JP Morgan Chase

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

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.

 

J.P. Morgan's Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust JPM with their business in more than 100 countries. We offer strategic advice, lend money, raise capital, help manage risk, extend liquidity, buy and sell securities and provide many other banking services in markets around the world.

 

Within the CIB, the Leveraged Credit Risk group is responsible for managing a credit portfolio of non-investment-grade client exposure generated by lending, trading, cash management and other activities. The group is organized by geography with teams aligned by industry. The group leads the client credit relationship in partnership with CIB marketing teams from IB Coverage, Corporate Banking, Leveraged Finance, Securitized Products, Sales & Trading and Treasury & Security Services. In North America, the group is located primarily in Plano and New York.

 

  

The Leveraged North America Corporates Credit Risk  group works with a client base of leading Diversified Industrial, Consumer, Healthcare, Retail, Technology, Media, Communications, Power, Natural Resources, Financial Sponsors and other clients. The team is looking for a Vice President with credit and corporate finance experience and strong analytical and team work skills to structure, analyze, diligence and negotiate new leveraged transactions and to manage existing leveraged exposures.

 

 

 

Specifically, a Vice President in Leveraged North America Corporates Credit Risk -

 

  • Manages a portfolio of credit exposure
  • Exercises credit approval authority for lending and trading exposures
  • Supervises, manages, reviews, and provides input on credit analysis and seeks approval for all transactions, including loans, derivatives, and operating exposures, individually or as part of a deal team
  • Leads credit due diligence for bank and bond executions for clients in their portfolio
  • Assigns and approves risk ratings
  • Leads senior management presentations, including industry reviews and quarterly portfolio meetings, to assess client, industry, and sector developments, and to evaluate risk ratings
  • Leads the discussion and responds to questions regarding clients during internal and regulatory audits of the portfolio
  • Coordinates, supervises, and manages the workflow of junior team members
  • Ensures compliance with all audit and administrative requirements, including adherence to regulatory guidance, and internal training and expense management
  • Remains current on all aspects of the industry and credit relationships, including performance, risk ratings, exposure, threshold management, compliance, potential problems and opportunities
  • Leads or assists in negotiating, structuring, and finalizing documentation for loans and derivatives
  • Works with CIB Coverage and Corporate Banking on allocation of capital for clients
  • Continuously works on process and efficiency improvements within the Credit organization

 

 

  • Degree in Accounting or Finance preferred

  • 5+ years of work experience of banking experience; commercial bank preferred

  • Exceptional credit underwriting background and analytical skills

  • Deep experience managing a portfolio of lending and other credit exposures

  • Strong grasp of accounting and corporate finance

  • In-depth understanding of financial products and structuring

  • Solid knowledge of market dynamics

  • Excellent communication and partnership skills

  • Successful partnering with internal groups

  • Experience interfacing with external clients

  • History of thorough adherence to compliance protocol and interaction with regulatory supervisors

  • Track record of managing teams and developing junior talent

  • Ability to successfully work independently and as a part of a team

  • Aptitude for and interest in innovation and process improvement

 

 


Keyword: consumer%20banking

Categories

Posted: 2019-10-02 Expires: 2019-11-30

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CIB – Credit Risk – North America Corporates – Vice President

JPMorgan Chase & Co.
Plano, TX 75074

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