Risk Management - Special Credits - Executive Director

JPMorgan Chase & Co.; New York (NY); On-site; USD 180,000 - 280,000; Full time

Job summary

JPMorgan Chase & Co. in New York seeks an Executive Director in the Special Credits Group to develop and implement risk mitigation and recovery strategies for stressed credit exposures across regions and industries.

You will collaborate with internal stakeholders to evaluate complex financial and legal situations and structure solutions. This role provides exposure to restructuring, litigation and capital structure transactions, requiring strong leadership, decision-making under pressure, and

Qualifications

• 8+ 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 negotiate with stakeholders.

Responsibilities

• Lead credit decision-making in live stressed/distressed situations as part of a lender group.
• Collaborate with deal teams on distressed originations and restructurings.
• Review complex legal, financial and jurisdictional issues to improve credit structures.
• Coordinate with internal constituencies including Credit Risk, Legal and Capital Markets.
• Engage external lenders, company management, advisors, and outside counsel to implement solutions.
• Monitor distressed portfolio performance and prepare updates for senior management.

Skills

Corporate finance

Credit risk

Restructuring

Leadership

Communication

Negotiation

Time management

Attention to detail

Job description

Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase 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 Executive Director within the Special Credits Group, you will develop and implement risk mitigation and recovery strategies for a portfolio of stressed and distressed credit exposures across multiple regions and industries. You will partner closely with internal stakeholders and external parties to evaluate complex financial and legal situations, structure solutions, and manage outcomes. This role provides exposure to complex restructuring, litigation, and capital structure transactions.

Job Responsibilities

• Lead credit decision-making process in live stressed / distressed situations while in leadership role amongst lender group/Administrative Agent capacity
• Work with deal teams on new originations for distressed borrowers and the restructuring of existing exposure
• Review complex legal, financial and jurisdictional issues with an objective of improving credit structures
• Coordinate across multiple internal constituencies including Industry and Product Coverage, Credit Risk, Capital Markets, Legal, Compliance and Secondary Loan trading
• Work with external constituents, including other lenders, company management, financial advisors, and outside counsel to implement optimal solutions for exposure positions
• Monitor performance of distressed portfolio; prepare updates for senior management and regulators
• Evaluate exposure management opportunities through loan sale; Prepare valuations on securities/ other instruments received from previous restructurings and formulate trading and disposal strategies
• Provide leadership on the wholesale regulatory, accounting and risk reporting agenda as well as other Special Credits-specific activities including crisis management and problem credit playbooks

Required qualifications, capabilities, and skills

• 8+ years of experience in role focused on 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 a team, as needed
• Strong attention to detail and project management skills