Lead Credit Officer- Vice President

JPMorganChase; Chicago (IL); On-site; USD 130,000 - 210,000; Full time

Job summary

JPMorganChase in Chicago seeks a Credit Risk Vice President on the Real Estate Risk Team. You will perform independent risk assessment and credit approvals for loans and lending-related commitments to top real estate and related clients.

The role requires strong financial analysis, modeling, and collaboration with bankers and risk colleagues to maintain a resilient CRE portfolio. Bachelor’s degree and at least five years of experience in corporate credit or financial services are expected.

Qualifications

• Bachelor's degree in Finance, Accounting, Business, Economics or similar discipline.
• Minimum 5 years of professional work experience in corporate/commercial credit or relevant financial services.
• Strong financial analysis and modeling skills.
• Exceptional communication (verbal and written) and inter-personal skills.
• Proficiency in Microsoft Office Suite, Excel, PowerPoint and Word.

Responsibilities

• Conduct credit analysis and facilitate senior credit officer approval of lending and trading related transactions.
• Create written credit approval documents with financial statement analysis and cash flow projections.
• Develop a forward-looking view of business, financials and risks.
• Manage and monitor a portfolio of client credit exposures across industry classes.
• Participate in negotiating and finalizing documentation for loans and derivatives.
• Review and assign risk ratings and maintain updated credit research.
• Actively manage existing CRE portfolio and participate in portfolio surveillance.

Skills

Financial analysis

Financial modeling

Communication

Microsoft Office

Education

Bachelor's degree in Finance/Accounting/Business

Tools

Excel

PowerPoint

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 a Credit Risk Vice President on the Commercial and Investment Bank - Real Estate Credit Risk Team, you will work closely with top product bankers and other risk professionals. Your primary tasks will encompass independent risk assessment and credit approval of loans and lending-related commitments. You will work a client base of leading real estate, lodging, gaming, homebuilding and real estate service companies. The portfolio of credit products we manage, and monitor includes corporate resource traditional credit products (revolving credit facilities and term loans), real estate asset level financings, whole loan repos, risk retention, derivatives and treasury lines.

Job Responsibilities

• Conduct credit analysis and facilitate senior credit officer approval of lending and trading related transactions, including operating exposures, individually or as part of a deal team
• Create written credit approval documents, which include the spreading and presentation of historical financial statement information and the related financial analysis, as well as projections of future cash flows for large corporate borrowers
• Develop a well-informed and forward-looking view of the business, financial and risks associated with a company and sector
• Manage and monitor a portfolio of client credit exposures, across industry classes, on an ongoing basis
• Participate in negotiating, finalizing, and executing documentation for loans and derivatives
• Review and assign risk ratings and maintains updated credit research on their portfolio of clients
• Actively manage existing CRE portfolio and participate in portfolio management / surveillance projects

Required Qualifications, Capabilities And Skills

• Bachelor's degree in Finance, Accounting, Business, Economics or similar discipline
• Minimum 5 years of professional work experience in corporate/commercial credit, investment banking or relevant experience within financial services or rating agency
• Academic training in the principals of accounting, corporate finance, capital markets products and macro economics
• Strong financial analysis and modeling skills
• Exceptional communication (verbal and written) and inter-personal skills
• Proficiency in Microsoft Office Suite, Excel, PowerPoint and Word

Preferred Qualifications, Capabilities And Skills

• Prior experience with major corporate bank credit team and or credit rating agency
• Prior experience around Real estate or Corporate credit

About Us

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.

• 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

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

About The Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.

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.