Credit Officer, Vice Present - Asset Based Lending

Next Frontier Capital; Georgia; On-site; USD 180,000 - 240,000; Full time

Benefits offered by this job

Total rewards package

Health care coverage

On-site health centers

Job summary

JPMorgan Chase & Co. in the United States is seeking a Lead Credit Risk Manager – Vice President to oversee a portfolio of Commercial and Specialized Industries clients with Asset Based loans.

You will lead credit analysis, risk assessment, and structuring of credit facilities while coordinating with bankers, lawyers, and investors. The role requires a deep understanding of capital markets and financing structures, strong communication, and leadership to drive risk controls across products and

Qualifications

• Bachelor's degree is required.
• 5+ years of experience in commercial banking, credit risk, portfolio management and underwriting.
• Strong understanding of capital markets, financing structures, derivatives and cash management.
• Excellent written and verbal communication skills.
• Ability to multitask in a fast-paced environment.
• Strong interpersonal and relationship development skills.
• Proficiency in Microsoft Excel, Word, PowerPoint and Outlook.

Responsibilities

• Lead credit relationship including analysis, modeling and coordinating approvals for all products.
• Support and enhance client relationships.
• Assess internal ratings, risk and mitigation; adjust structure as needed.
• Negotiate Credit Agreements; manage covenants and documentation.
• Monitor collateral trends and reserves; advise on actions.
• Collaborate with Banking Teams and product partners.
• Communicate with Senior Management and regulators; maintain credit files.
• Train and mentor junior team members.

Skills

Credit analysis

Financial modeling

Excel

Communication

Relationship building

Multitasking

Interpersonal skills

Banking knowledge

Education

Bachelor's degree

Accounting or Finance degree

Tools

Excel

Word

PowerPoint

Outlook

Job description

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.

As a Lead Credit Risk Manager -Vice President on the Asset Based Lending team, you are responsible for managing an assigned portfolio of Commercial and Specialized Industries clients who have Asset Based loans and all other related exposure. Credit Risk Managers lead the client credit relationship with C\&S I bankers who manage the overall relationship along with ABL Originators. In this role you will have extensive interaction with clients, other product partners, internal and external legal counsel, lenders, consultants and investors.

Job Responsibilities

• Lead 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
• Assign and assess 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
• Provide leadership 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 as well as with other team 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
• Effectively challenge Banking Teams, partner with 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
  

Required Qualifications, Capabilities and Skills

• Bachelor's degree, required
• 5+ years of experience in commercial banking, credit risk, portfolio management and underwriting
• 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
• Strong interpersonal and relationship development skills
• Proficiency in Microsoft Excel, Word, PowerPoint and Outlook
  

Preferred Qualifications, Capabilities and Skills

• Bachelor's degree in Accounting or Finance, preferred
• Asset Based financing knowledge strongly preferred
• Formal credit training

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. A Credit Risk Manager in Asset Based Lending is responsible for managing an assigned portfolio of clients who have Asset Based loans