• Based on experience
  • Chicago, IL, USA
  • Permanent, Full time
  • JPMorgan.
  • 20 Apr 18

Commercial Bank Risk - Credit Risk Manager, VP

  • 180018322
  • Chicago, IL, USA
  • Accounting/Finance/Audit/Risk

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 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 J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

 



As a Credit Risk Manager in Chase Business Credit your
responsibility will be to manage an assigned portfolio of Commercial Banking
clients who have Asset Based loans.  CBC
Credit Risk Managers lead the client credit relationship with CB Bankers who
manage the overall relationship.  The
role involves extensive interaction with clients, other product partners,
internal and external legal counsel, lenders and investors.   



 



CBC Credit Risk Managers:   



 



    Leads all
aspects of the credit relationship, including credit analysis, financial
modeling and coordinating credit approval for all products including loans,
derivatives, leases and cash management



 



    Proactively
support and enhance client relationships



 



    Leadership role
in assigning and assessing internal ratings, risk assessment and risk
mitigation.  Recommend changes in
structure or account management strategy to address negative trends.  Assess monthly, quarterly and annual
financial statements and borrowing base reporting  



 



    Leadership role
in structuring and negotiating Credit Agreements, amendments and waivers.  Manage and monitor loan products including
affirmative, negative and financial covenant compliance.  Manage ongoing communication with bank group
members  



 



    Interpret collateral appraisals and field
exams. Ongoing monitoring of collateral trends and liquidity, establishing
reserves and recommending appropriate course of action to address issues



 



    Partner with
Bankers, Debt Capital Markets, Treasury Services, Leasing, Derivatives and Loan
Operations



 



    Communicate
with Senior Management, respond to regulatory requests and maintain internal
credit files



    Train and
mentor junior team members



 





    Train and
mentor junior team members



    Minimum 6 years
experience in Risk and Asset Based financing knowledge strongly preferred 



    Strong
understanding of capital markets, financing structures, derivatives and cash
management products as well as related documentation



    Excellent
communication skills - both written and verbal



    Ability to
multitask in a fast paced environment



    Bachelor's
degree in Accounting or Finance preferred



Chicago, IL, USA Chicago IL US