Credit Sr Officer

JPMorganChase; Bengaluru; On-site; INR 3,000,000 - 5,200,000; Full time

Job summary

JPMorganChase in Bengaluru seeks an experienced Dealer Commercial Services Credit Officer – Associate, Credit Senior Officer to manage a portfolio of roughly $500 million and analyze commercial loans to franchised auto dealers, with responsibilities spanning credit reviews, risk assessment and loan structuring.

The role requires collaboration with bankers, strong communication, and the ability to multi-task and meet deadlines while applying credit policy.

Qualifications

• Bachelor of Arts in Finance, Accounting, Business Administration, Economics, or equivalent work experience if non-Finance related degree / Master of Business Administration
• 3-5 years commercial credit analysis / automotive captive experience
• Hands-on experience analyzing commercial loans to franchised auto dealerships, or equivalent, including floor plan lending.
• Superior analytical skills and strong written and verbal communication
• Demonstrated judgment and ability to act decisively
• Knowledge of credit philosophy and policies, and loan documentation requirements

Responsibilities

• Utilizing excellent commercial credit skills to prepare written credit reviews with structures to mitigate risks
• Analyzing capacity of operating entities to repay obligations via financial statements and cash flow
• Completing obligor and facility risk ratings with documented rationale
• Proactive portfolio management including annual reviews, modifications, covenant breaches, and trend analysis
• Interacting with clients, virtually or in person, with the Banker
• Working with internal/external contacts to keep transactions moving
• Demonstrating excellent communication to solve problems

Skills

Commercial credit analysis

Automotive floorplan lending

Financial statement analysis

Cash flow analysis

Credit risk assessment

Education

Bachelor in Finance/Accounting/Business Administration/Economics

MBA

Job description

Job Description

Dealer Commercial Services Credit Officer – Associate, Credit Senior Officer

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.

As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks and using your expert judgement to solve real-world challenges that impact our company, customers, and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo, and striving to be best-in-class.

Job Description

The Dealer Commercial Services team specializes in floorplan lines of credits, real estate loans, acquisition loans, working capital loans, and treasury products to our 450+ franchised retail automobile dealers. We are searching for an experienced Commercial Credit Officer to manage a portfolio of approximately $500 million in loan commitments. As a part of the team, you will be responsible for analyzing commercial loans to prospects/existing customers, collaborating with banking partners, and structuring transactions that are consistent with our company’s policies and procedures. The ideal candidate will take ownership of the credit process and possess the ability to multi-task, prioritize deal flow and meet delivery deadlines, while making decisions in the best interest of the customer and organization. Effective candidates will possess and apply a broad understanding of the business environment including the auto industry, current events, and economic cycles.

Responsibilities include, but are not limited to:

• Utilizing excellent commercial credit skills to prepare written credit reviews which assesses credit opportunities, identifying key risks with appropriate structures to mitigate risks including covenants, terms, and conditions forapproval
• Determining capacity of operating entities to repay their financial obligations through analysis of company-prepared/audited financial statements and detailed cash flow analysis
• Completing obligor and facility risk ratings with documented rationale for the final risk grades
• Proactive ownership of portfolio management responsibilities including annual reviews, loan modifications, covenant breaches, inventory audits, overline management, and analyzing trends in key dealer metrics
• Interacting with clients, virtually or in person, in conjunction with the Banker
• Working proactively, in a constructive, diplomatic manner, with both internal and external contacts to keep transactions moving.
• Demonstrating excellent communication skills both internally and externally and using those communication skills to effectively solve problems

Minimum Skills, Experience, and Qualifications

• Bachelor of Arts in Finance, Accounting, Business Administration, Economics, or equivalent work experience if non-Finance related degree / Master of Business Administration
• 3-5 years commercial credit analysis / automotive captive experience, with thorough knowledge of accounting, risk grading, cash flow analysis, financial statement analysis, loan structuring, and market
• Hands-on experience analyzing commercial loans to franchised auto dealerships, or equivalent, including floor plan lending.
• Superior analytical skills supported by excellent written and verbal communication skills
• Demonstrated judgment and ability to act decisively
• Expert knowledge of credit philosophy and policies, understanding of commercial loan documentation requirements, and related legal issues.

Company Overview

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

Consumer & Community Banking

Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We’re proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions – all while ranking first in customer satisfaction.

Risk Management

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.