Executive Director, Special Credits Distressed Debt Leader

JP Morgan Chase; Houston (TX); On-site; USD 148,000 - 245,000; Full time

Benefits offered by this job

Health benefits

Discretionary incentive compensation

Retirement savings plan

Tuition reimbursement

Mental health support

Financial coaching

Job summary

JP Morgan Chase, a global leader in risk management and trusted financial services, seeks an Executive Director to lead special credits in the Commercial & Investment Bank. You will drive risk mitigation, oversee distressed debt strategies, and coordinate with capital markets, legal teams and external lenders across the US, Canada and Latin America.

You will guide complex restructurings, assess exposures, and structure debt transactions, including DIP/Exit facilities for companies in bankruptcy,

Qualifications

• 7+ years of experience in corporate finance, credit and leveraged finance.
• Experience in a workout / restructuring role.
• Strong verbal and written communication skills; Ability to lead lender groups and/or represent JPMorgan in negotiations with various stakeholders.
• Ability to make, defend, and communicate credit / structuring decisions, often based on limited information.
• High degree of motivation with a strong sense of accountability and ownership of tasks; Ability to work well under pressure in a demanding environment with good time management.
• Ability to be self-sufficient or work collaboratively as needed.
• Strong attention to detail and project management skills.

Responsibilities

• Lead credit decision-making process in live stressed / distressed situations.
• Work with deal teams on new originations for distressed borrowers and the restructuring of existing exposure.
• Review complex legal, financial and jurisdictional issues to improve credit structures.
• Coordinate across internal constituencies including Industry and Product Coverage, Credit Risk, Capital Markets, Legal, Compliance and Secondary Loan trading.
• Engage with external lenders, company management, financial advisors, and outside counsel to implement optimal exposure solutions.
• Monitor distressed portfolio performance and prepare updates for senior management and regulators.
• Evaluate exposure management opportunities through loan sales and valuations of securities and other instruments.
• Provide leadership on regulatory, accounting and risk reporting agendas for Special Credits.

Skills

Leadership

Credit decisioning

Negotiation

Communication

Accountability

Teamwork

Project management

Job description

JP Morgan Chase, a global leader in risk management and trusted financial services, seeks an Executive Director to lead special credits in the Commercial & Investment Bank. You will drive risk mitigation, oversee distressed debt strategies, and coordinate with capital markets, legal teams and external lenders across the US, Canada and Latin America.

You will guide complex restructurings, assess exposures, and structure debt transactions, including DIP/Exit facilities for companies in bankruptcy,