Risk Management - Environmental Credit Risk Officer - Senior Associate

JPMorganChase; Chicago (IL); On-site; USD 88,000 - 139,000; Full time

Job summary

JPMorganChase is seeking a Senior Associate in Environmental Credit Risk within Risk Management and Compliance. You will review environmental records, coordinate Phase I ESA processes, and integrate environmental considerations into CRE loan decisions.

The role requires strong communication, extensive experience in environmental investigations, and collaboration with internal teams and external consultants. Sepcial projects on environmental exposures may be assigned.

Qualifications

• Concise oral and written communication; interacts with managers, bankers, customers and vendors.
• Bachelor's degree or equivalent in environmental sciences or related fields.
• At least 5+ years of experience in environmental investigations, risk management and loss prevention.

Responsibilities

• Review environmental records/reports related to commercial real estate secured loan transactions; prepare review memoranda.
• Procure environmental reports from qualified consultants as required.
• Conduct collateral-asset analyses on real estate lending and acquisition/disposition; liaise between Bank personnel and environmental reports.
• Obtain and review Phase I ESA's and other investigations from approved environmental firms for CRE loans in default.
• Coordinate and monitor requests for proposals and work-product reviews of environmental consultants.
• Perform independent research to supplement environmental information for real estate collateral.
• Assist in developing standardized documentation for environmental inspection checklists and requests for service.
• Perform special projects including analysis of environmental exposures in acquisitions and audit responses.

Skills

Communication skills

Stakeholder liaison

Analytical reasoning

Education

Bachelor's degree in environmental sciences

Job description

Risk Management - Environmental Credit Risk Officer - Senior Associate

Job Schedule: Full time

Job Shift: Day

Base Pay/Salary: Chicago,IL $88,350.00-$139,000.00; Irvine,CA $88,350.00-$139,000.00

• 1111 Polaris Pkwy, Columbus, OH, 43240, US
• 10 S Dearborn St, Chicago, IL, 60603, US
• 3 Park Plz, Irvine, CA, 92614, US
• 8181 Communications Pkwy Ste C, Plano, TX, 75024, US

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.

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.
• Obtain and review Phase I ESA's as well as other investigations or surveys from approved environmental firms for commercial real estate loans in default.
• 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 5+ 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.