The position is Credit Risk Director within the Corporate Client Banking Group, which focuses on general industrial companies. These companies are active users of traditional corporate banking services and investment banking products. The work environment is dynamic and fast-paced, a reflection of the industry and clients the team supports.
The candidate must be able to perform in a demanding, complex, and highly visible environment. The successful candidate must possess excellent people skills and must be a proven team player capable of training and developing a new staff.
This position will be a senior level position that will be focused full time on credit review and approval. Client focus is key as the Credit Risk Director deals with customers at any management level and assesses management quality. Individuals at this level must be capable of fully independent activity with the primary responsibility of approving credit and the credit quality of their portfolio. The candidate is involved with underwriting commitments for large and complex relationships, working with a large number of bankers. Additionally the candidate implements the policies and procedures necessary to achieve the mission of the Risk Organization and ensures they are being adhered to on an ongoing basis. The Credit Risk Director’s decisions have a major impact on portfolio quality and profitability
Travel will be required from time to time.
1. Risk Assessment
· Identify the key risk factors associated with clients, transactions, and industry sub-sectors across an assigned portfolio
· Develop and articulate a dynamic, forward-looking risk assessment of client companies, transactions, competitive threats, and industry and other factors
· Lead and/or participate in client due diligence and transaction negotiations
· Attend client, bank, and other meetings to develop a thorough understanding of client companies, management teams, and industry sectors
· Use financial models to develop a forward-looking credit risk assessment based on key value drivers and sensitized assumptions
· Recommend and approve appropriate credit structures relative to risk assessment and policy considerations
2. Credit Approval Process
· Apply corporate finance and accounting expertise to develop appropriate financing structures
· Prepare credit approval materials, ensure all credit risk policies are followed, and present and recommend credits for approval at the appropriate level
· Analyze and negotiate financing terms and conditions as part of a deal team
· Review and negotiate legal documentation and coordinate with counsel to ensure terms are appropriate and consistent with credit approval
3. Portfolio Management
· Provide a well-researched and thoughtful risk assessment of each assigned client on an ongoing basis
· Ensure risk ratings are accurate and reflect a current forward-looking view of the client
· Provide early identification and proactive management of deteriorating credits and other problem situations
· Analyze, prepare, and present for approval all required waivers, amendments, and extensions
· Prepare and present semi-annual portfolio review material to senior management
· Work with bank examiners and internal credit reviewers to validate credit quality and integrity of the credit process, and comply with regulatory and policy requirements
· Work closely with Credit Support Specialists to ensure accuracy of credit system data
· Assist Credit Risk Executive in training and developing junior underwriters
Please note that J.P. Morgan will not accept unsolicited approaches or speculative CVs, nor will J.P. Morgan be responsible for any related fees, from Third Party Firms who are not preferred suppliers.
The firm invites all interested and qualified candidates to apply for employment opportunities.
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