21 days old

Special Credits Analyst I -Business Banking Portfolio Management

JPMorgan Chase & Co.
Phoenix, AZ 85003
  • Job Code
    190099686

Special Credits Analyst I -Business Banking Portfolio Management

Req #: 190099686
Location: Phoenix, AZ, US
Job Category: Operations
Potential Referral Amount: US Dollar (USD)

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Manages a portfolio of open, adversely graded credit relationships with small business clients where relationships have aggregate business credit exposure of up to $500,000 for the purpose of preserving loan principal, collecting interest and preventing loans from being charged off. Provides proper reporting to management according to bank policies and OCC requirements. Improves the overall quality of the portfolio through negotiating satisfactory repayment schedules, obtaining additional collateral and/or restructuring credit facilities, as appropriate.   Reviews existing loan documentation for errors and omissions, and evaluate client's financial strength and capacity to repay outstanding debt. Ensures collateral lien is perfected and determines collateral's current value. Develops and implements a plan of action to protect and improve the bank's position in the credit. Negotiates a satisfactory restructure of the credit facilities and obtains additional collateral as appropriate. Monitors plan of action for the desired results. Takes legal action when necessary to protect interests of the bank, including liquidation and foreclosure of collateral. Documents all contacts, agreements and discussions that transpire with the client, outside vendors and attorneys. Must be willing to work in Phoenix or Tempe
 
  • Requires 5+ years of either retail or business loan credit analysis or collections experience. 
  • Strongly prefer 5+ years of commercial collections experience. 
  • Prefer knowledge of bankruptcy and liquidation.
  • Requires knowledge of federal bankruptcy and state collection laws.
  • Basic knowledge of loan and deposit systems, business loan sales and underwriting process and real estate collateral. 
  • Working knowledge of credit philosophy and policies, loan documentation, bankruptcy and related legal issues
  • Demonstrates strong verbal, written and interpersonal skills as well as analytic and problem solving skills. 
  • Bachelor's degree preferred. 

Keyword: consumer%20banking

Categories

Posted: 2019-10-30 Expires: 2019-12-14

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Special Credits Analyst I -Business Banking Portfolio Management

JPMorgan Chase & Co.
Phoenix, AZ 85003

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