Senior UHNW Lending VP, Private Banking Solutions

JPMorgan Chase & Co.; Philadelphia (Philadelphia County); On-site; USD 120,000 - 180,000; Full time

Job summary

JPMorgan Chase & Co. in Philadelphia seeks an experienced Lending Specialist for the U.S. Private Bank. You will present credit solutions to ultra-high net worth clients and advise on implementation, working with bankers and investors to embed credit into client servicing.

The role requires seven-plus years of credit experience, aBachelor's degree, and FINRA licenses or the ability to obtain them within 90 days. Strong analytical and client-facing skills are essential.

Qualifications

• Seven plus years of experience with extensive credit, loan and deposit products.
• Bachelor's degree required.
• FINRA Series 7 & 66 licenses required for position; unlicensed candidates considered but must obtain licenses within 90 days of start date.
• Prior experience structuring creative and complex credit transactions.
• Completion of formal credit training program.
• Demonstrated understanding of wealth management including, but not limited to: investment management, trusts and financial planning.
• Expert knowledge of and proven success with complex credit products and concepts including, but not limited to residential real estate loans, concentrated collateral loans, unsecured lending, marketable 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 J.P. Morgan offering.
• Partner with Bankers to uncover needs and deliver sophisticated and innovative solutions to client and prospect financings or restructurings.
• 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 proactively 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

Credit structuring

Wealth management understanding

Sales experience

Deal analysis

Portfolio risk monitoring

Licenses: Series 7 & 66

Education

Bachelor's degree

Job description

JPMorgan Chase & Co. in Philadelphia seeks an experienced Lending Specialist for the U.S. Private Bank. You will present credit solutions to ultra-high net worth clients and advise on implementation, working with bankers and investors to embed credit into client servicing.

The role requires seven-plus years of credit experience, aBachelor's degree, and FINRA licenses or the ability to obtain them within 90 days. Strong analytical and client-facing skills are essential.