Executive Director, Private Bank — Complex Lending Leader

JPMorgan Chase & Co.; Philadelphia (Philadelphia County); On-site; USD 120,000 - 170,000; Full time

Job summary

JPMorgan Chase & Co. in Philadelphia seeks a Lending Specialist for the U.S. Private Bank to manage complex borrowing relationships and present credit solutions to ultra-high net worth clients.

You will advise on implementation and partner with bankers, investors and market managers to embed credit as a core offering. The role requires seven+ years in credit, a bachelor’s degree, and FINRA licenses (7 & 66) or commitment to obtain them within 90 days.

Qualifications

• Seven plus years of experience with extensive credit, loan and deposit products.
• Bachelor’s degree is required.
• FINRA Series 7 & 66 licenses required; unlicensed candidates may be considered but must obtain licenses within 90 days of start.
• Experience structuring creative and complex credit transactions.
• Completion of formal credit training program.
• Understanding of wealth management including investment management, trusts and financial planning.
• Expert knowledge of complex credit products including residential real estate loans, secured lending, aircraft finance and art lending.

Responsibilities

• Act as internal sales leader for the credit product, liaising with Market Managers, Bankers and Investors to ensure credit is a core part of the JPMorgan offering.
• Partner with Bankers to uncover needs and deliver sophisticated, innovative client financing solutions.
• Originate credit leads from prospects and existing clients and lead credit marketing initiatives for the local market.
• Handle deal analysis, due diligence and credit presentations.
• Supervise credit approval memos/restructure memos.
• Monitor portfolio risk and work to improve portfolio quality and prevent loss.
• Manage underwriters to implement changes to debt structure/risk ratings in response to changes in risk environment.

Skills

Credit products

Wealth management

Credit structuring

Due diligence

Client relationship

Portfolio risk management

FINRA licenses

Education

Bachelor's degree

MBA

Job description

JPMorgan Chase & Co. in Philadelphia seeks a Lending Specialist for the U.S. Private Bank to manage complex borrowing relationships and present credit solutions to ultra-high net worth clients.

You will advise on implementation and partner with bankers, investors and market managers to embed credit as a core offering. The role requires seven+ years in credit, a bachelor’s degree, and FINRA licenses (7 & 66) or commitment to obtain them within 90 days.