Credit Review - Vice President

JPMorgan Chase & Co.; City of Westminster; On-site; GBP 80,000 - 100,000; Full time

Job summary

A global financial services firm is seeking a Credit Review Vice President to lead credit reviews and ensure the effective management of credit risk. The ideal candidate will have a Bachelor's degree and substantial experience in commercial credit. Responsibilities include leading review teams, performing risk assessments, and ensuring compliance with credit policies. Excellent communication and analytical skills are essential for success in this role.

Qualifications

• Experienced credit professional with commercial credit experience.
• Demonstrated understanding of commercial credit principles.
• Proven ability to manage multiple tasks concurrently.

Responsibilities

• Lead a team of reviewers and manage project scope.
• Participate in financial analyses and risk assessments.
• Ensure compliance with firm-wide Risk Policy.

Skills

Commercial credit experience

Analytical skills

Verbal and written communication

Interpersonal skills

Adaptability

Education

Bachelor's degree in Accounting, Finance, Economics

Job description

Overview

As a Credit Review Vice President within our Credit Review team, you will take the lead in planning and executing periodic credit reviews, as well as participating in review assignments. Your role will involve guiding team members in activities that assess commercial loan transactions and conduct evaluations of underwriting and portfolio management. This will allow you to independently provide opinions on the adequacy of underwriting analysis, the accuracy and timeliness of risk grading decisions, the suitability of credit mitigation actions, and the effectiveness of the credit management process and key controls supporting credit quality. In between periodic reviews, you will independently monitor credit risk trends within assigned commercial lending portfolios, attend relevant meetings, and foster and maintain relationships with internal stakeholders responsible for credit approval.

Responsibilities

• Lead a team of reviewers as reviewer-in-charge by chairing the planning, kick-off, findings presentation, and closing meetings.
• Coordinate with the Credit Review Director on team assignments, define project scope, evaluate credit risk controls, communicate with management, review and assess findings, recommend corrective actions, write reports, and archive documents.
• Participate in Credit Review team-led reviews by preparing financial analyses and risk assessments, evaluating credit underwriting quality, recording findings, and engaging in review meetings.
• Perform continuous monitoring of assigned portfolios and participate in portfolio review meetings.
• Serve as an information resource on commercial credit risk and policy.
• Partner with Credit Risk Management stakeholders to establish strong working relationships while maintaining independence.
• Ensure consistent application of firm-wide Risk Policy as well as Credit Review Policies and Procedures.
• Complete special projects and research as assigned by the Credit Review Director.

Qualifications

• Experienced credit professional with commercial credit experience.
• Minimum Bachelor's degree in Accounting, Finance, Economics, or a related discipline.
• Demonstrated understanding of commercial credit principles and strong analytical skills.
• Excellent verbal and written communication and interpersonal skills required with ability to present complex and sensitive issues to management.
• Enthusiastic, self-motivated, effective in a dynamic fast-paced environment and willing to demonstrate personal responsibility and accountability.
• Proven ability and desire to learn quickly, be adaptable, and think strategically.
• Ability to manage multiple tasks concurrently, with a high sense of urgency.
• Works well individually and in teams, shares information, supports colleagues, and encourages participation.
• Ability to travel as required.
• Preferred qualifications, capabilities and skills: Background in commercial credit underwriting and credit risk management preferred.
• Successful completion of formal credit training program preferred, but not necessary.
• Previous credit review experience is preferred, but not necessary.