Environmental Credit Risk Sr Officer

JPMorgan Chase & Co.; Plano (TX); On-site; USD 95,000 - 125,000; Full time

Job summary

JPMorgan Chase & Co. in Plano, TX is seeking an Environmental Credit Risk Associate within Risk Management and Compliance.

You will review environmental reports for real estate lending transactions and apply your quantitative and qualitative skills to assess environmental credit risk across lines of business. The role involves coordinating with environmental consultants, producing review memoranda, and supporting management with standardized documentation.

Qualifications

• Bachelor’s degree in environmental sciences or related field.
• At least seven years of experience in environmental investigations, risk management or loss prevention.
• Strong communication skills and ability to work with internal and external stakeholders.

Responsibilities

• Review environmental records for real estate lending transactions and prepare review memoranda.
• Analyze collateral and environmental risk for commercial real estate loans.
• Obtain and review Phase I ESAs and other investigations for defaulted CRE loans.
• Coordinate environmental consultant work, scope definitions, and deliverables.
• Conduct independent research to supplement environmental information for real estate collateral.
• Assist in developing standardized environmental inspection documentation.
• Support management with environmental risk assessments in acquisitions and audits.
• Qualify environmental firms to perform Bank-related work.
• Perform reviews involving complex environmental reports and contaminated properties requiring remediation.
• Critically review scopes of work for Phase II investigations and remedial action plans.

Skills

Oral and written communication

Environmental risk analysis

Education

Bachelor’s degree in Environmental Sciences

Job description

Job Description

Bring your expertise to JPMorganChase. As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase 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 an Environmental Credit Risk Associate on the Commercial and Investment Bank Credit Risk Management Team, you will be responsible for reviewing and analyzing environmental reports for real estate lending transactions. You will utilize your quantitative and qualitative skills to analyze environmental credit risk for various lines of business. Our team is responsible for evaluating environmental risk through traditional lending activity.

Job Responsibilities

• Review environmental records/reports related to commercial real estate secured loan transactions. Prepare review memoranda. Procure environmental reports from qualified consultants when required in connection with guidelines and procedures.
• Conduct collateral-asset analysis on real estate lending, management, and acquisition/ disposition processes. Serve as a link between Bank personnel and the information provided in environmental reports. Provide timely review, analyses, and recommendations.
• For commercial real estate loans in default, obtain and review Phase I ESA’s as well as other investigations or surveys from approved environmental firms.
• Coordinate and monitor and/or manage requests for proposals, project scope definition, job award, and work-product review of environmental consultants.
• Perform independent research of available resources to supplement environmental information in connection with real estate collateral.
• Assist management with the development of standardized documentation in connection with environmental inspection checklists, questionnaires, and requests for service.
• Perform special projects as assigned including analysis of environmental exposures in connection with bank acquisitions and audit responses.
• Assist in qualifying environmental firms to perform work for the Bank.
• Perform environmental reviews involving complex environmental reports and property situations, such as contaminated properties undergoing or in need of remediation.
• Critically review scopes of work for Phase II subsurface investigations and remedial action plans.

Required qualifications, capabilities, and skills

• Concise oral and written communication skills; frequent interaction with internal managers, bankers, customers, external vendors, and other external representatives; networking with industry peers; make speeches or presentations; produce and distribute non-routine written materials with technical content, such as correspondence/memoranda, reports and information summaries.
• Bachelor’s degree or equivalent education in environmental sciences or related fields, and may hold other professional designations or certifications as appropriate depending on the nature of assignments (ie. Registered Environmental Assessor, Certified Asbestos Consultant, etc.).
• At least seven years of experience administering environmental investigations, risk management and loss prevention programs with an environmental consultant, lender or property management firm protecting that organization’s or clients’ commercial real estate activities and assets.