12 days old

Commercial Bank - Wholesale Lending Services - Operations Manager

JPMorgan Chase & Co.
Newark, DE 19711
  • Job Code
    190103851

Commercial Bank - Wholesale Lending Services - Operations Manager

Req #: 190103851
Location: Newark, DE, US
Job Category: Operations
Potential Referral Amount: US Dollar (USD)

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.7 trillion and 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 JPMorgan Chase & Co. brands.  JPMorgan Chase & Co. is committed to providing a comprehensive set of benefits choices to meet different employee needs and lifestyles, which includes choices such as fully paid parental leave time, health care insurance and retirement benefits.

 

Commercial Banking (CB) serves more than 30,000 clients, including corporations, municipalities, financial institutions, and not-for-profit entities with annual revenues generally ranging from $20 million to $2 billion.  The Firm’s broad platform positions the Commercial Bank to deliver extensive product capabilities – lending, treasury services, investment banking, and asset management – to meet our clients’ domestic and international financial needs.

Wholesale Lending Services (WLS) exists within Commercial Banking and provides lending servicing functions to each of the firm’s four lines of business.  These functions include loan documentation, closing and funding, payment and fee processing, syndicated/bilateral loan and trade processing, credit administration and collateral perfection and management.

 

Wholesale Lending Services (WLS) exists within Commercial Banking and provides lending servicing functions to each of the firm’s four lines of business.  These functions include loan documentation, closing and funding, payment and fee processing, syndicated/bilateral loan and trade processing, credit administration and collateral perfection and management. This position is responsible for providing leadership and execution of strategy for the North American Structured Products Agency servicing group within WLS. Currently, many tasks focused on strategic/business initiatives and quality assurance fall on production staff for planning and delivery. The Associate will collaborate with a team of industry experts to own these important agenda.  Core responsibilities include 1) representing the Structured Products organization on several strategic and business initiatives, 2) providing support for production staff via training on existing & evolving product offerings and 3) Enhance the client experience through strategy execution and staff empowerment.

 
 

Key Responsibilities:

  • Manage a team of 2-3 professional level staff who will be responsible for executing the risk and control agenda and implementing strategic solutions for the North America Agency servicing functions under the Structured Products organization. 

  • Represent the organization and lead the control agenda with key stake holders including WLS Ops Risk partners, Finance, Audit and other LOB-specific risk committees.

  • Own and manage key business control reports (FDR, FSR, Key Exceptions) towards the departmental targets.

  • Provide governance and oversight on key departmental KPIs (including Nostros, WIPs, past due receivables management etc.).

  • Identify heightened risk areas and partner with the appropriate stake holders (ORM, WLT etc.) on implementing tactical and strategic solutions towards strengthing the controls.

  • Represent the organization with a risk focused lens on any change management agenda driven by evolving industry / business landscape.

  • Effectively collaborate across products and teams (i.e. Agency, TCP, Trading, Technology) on initiatives and change implementation.

  • Overhaul the procedures for the organization, specifically around the risk and control aspects of the role – identify opportunities to enhance / create procedures covering comprehensive Agency servicing aspects to improve the control environment and enhance risk focus.

  • Represent the Agency servicing function in risk and control forums – BCC, business partnership calls, month-end calls with Finance etc.

  • Identify key risks/issues within the project efforts or Agency function broadly, escalating as appropriate with ability to articulate effectively.

  • Develop and implement a robust formal training program around the Agency Servicing’s Risk and Control focus areas.


Qualifications:
  • Bachelor’s degree required

  • Must have 5+ years in the financial services market, loan operations and/or loan technology

  • Demonstrate excellent problem solving skills with ability to turn findings into strategic recommendations/suggestions

  • Ability to structure and scope complex problems, apply a range of analytical tools, gain and synthesize insights and develop solutions; creative thinker with strategic mindset

  • Demonstrated ability to communicate effectively to multiple levels of management, both written and verbal

  • Communicates and presents fluently and with confidence

  • Strong analytical and prioritization skills

  • Strong problem solving and judgment skills


Keyword: consumer%20banking

Categories

Posted: 2019-12-03 Expires: 2020-01-02

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Commercial Bank - Wholesale Lending Services - Operations Manager

JPMorgan Chase & Co.
Newark, DE 19711

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