Apply Now    

AM Chase Wealth Management Centralized Lending Team - Team Lead, Associate/or Vice President (Newark, DE)

Job Description

About JP Morgan Asset Management
J.P. Morgan Asset Management, with client assets of $2.4 trillion, is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.

Our Business
Global Wealth Management Operations supports the JPMorgan Private Bank in JP Morgan’s Asset Management line of business. The Private Bank is the world’s premier service provider for ultra and high net worth individuals. Our goal is to help these affluent individuals across the globe optimize their wealth, after taxes and across generations. Global Wealth Management Operations provides end-to-end support for all aspects of the client experience, working closely with client service, fiduciary, product specialty groups, third party vendors and other internal groups.

Group Description
The CWM Centralized Lending Team (CLT) is a center of excellence designed to handle a high volume of lower risk credit transactions including Advised Lines of Credit secured by high quality marketable securities with standard loan documentation. CLT ensures a short turnaround for underwriting, credit approval and sending out final loan documentation.

Role Responsibilities
• Lead a team of 8 - 10 Lenders and Analysts dedicated to the seamless delivery of the Securities Based Lending products to CWM (Chase Wealth Management) clients.
• Provide the highest level of service to our internal partners and ultimately the Client while adhering to credit quality standards and ensure that the loan portfolio meets or exceeds approved credit quality targets
• Maintain a consistently high level of awareness around any potential credit issues and to resolve exceptions as soon as possible. These exceptions include effectively managing under margin situations, past review facilities, past due principal/interest and documentation exceptions
• Review of credit presentations which should completely outline the proposed credit structure including accurate risk rating assessment and any potential collateral issues (ex. concentrations)
• Ensure all new credit requests and annual reviews are completed according to Reg. B guidelines
• Partner with Global and Domestic CLT leadership to provide appropriate oversight of credit and operational risk
• Bachelor degree in a related field required
• Previous management experience preferred
• Candidates should have 5-10 years of private banking/asset management, and mastery level credit/lending experience
• Strong communication and interpersonal skills. Accountable for team delivery of excellent customer service
• Expert organizational skills and ability to work with minimal supervision in a high production and fast-paced environment
• Proven ability to effectively communicate with senior managers and sales personnel
• Ability to effectively document and implement new and updated processes
• Strong understanding of financial markets and securities industry
• Knowledge of JPMC software applications and a broad knowledge of bank products and services. Experience using the Wholesale JPM Credit Risk Infrastructure tools and applications (ARC, Exposure Now, SRGT) preferred
• Exercise stringent judgment to ensure business is conducted in compliance with all applicable government regulations, corporate policies and operations risk management
• Ability to motivate and lead an integrated credit team with a range of personality types
• Solution oriented problem solving skills
• Possess strong skills in Excel, Word, Visio, Outlook and PowerPoint

The candidate should be an excellent communicator, detail-oriented, possess strong analytic skills and have strong problem solving capabilities. Must have a strong commitment to customer service and teamwork to contribute to high-performing teams through development of self and others.



Req #: 160051069
Location: Newark, DE US
Job Category: Credit
Employment Type: Full Time
Potential Referral Amount: 0 US Dollar (USD)

Apply Now    

Join our Talent Community

Not ready to apply? Leave your information with us and we will keep you up to date with new career opportunities.

Join Now

Privacy Statement

Any information you provide is confidential and will only be viewed by our recruiters in an effort to fill open positions. In addition, the information you provide is subject to our privacy policy practices.

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.

Need disability related assistance?

If you are a US or Canadian applicant with a disability who is unable to use our online tools to search and apply for jobs, please contact us by calling (US and Canada Only) 1-866-777-4690. Please indicate the specifics of the assistance needed.


Keep in touch

Not ready to apply? Leave your information with us and we will keep you up to date with new career opportunities.