Strategic Special Credits Director: Restructuring & Recovery

JPMorganChase; Chicago (IL); On-site; USD 148,000 - 245,000; Full time

Job summary

JPMorgan Chase in Chicago is seeking a Special Credits Director within the Special Credits Group to manage a portfolio of stressed and distressed borrowers, focusing on risk management and maximizing recovery through early intervention and financial restructuring.

You will partner with colleagues across functions and external stakeholders to develop and execute restructuring and recovery strategies while preserving key client relationships.

Qualifications

• 7 years of experience in corporate credit risk management and/or leveraged finance.
• Experience with restructuring or leveraged finance structuring.
• Strong verbal and written communication skills.
• Ability to perform under pressure in a demanding environment.

Responsibilities

• Partner with management, lenders, advisers, and external counsel to develop and execute solutions that optimize repayment and recovery while preserving important client relationships.
• Support internal transaction teams on amendments, waivers, and restructurings involving complex legal, financial, reputational, and cross-jurisdictional considerations; coordinate with Payments and Operations partners to mitigate settlement and payment risk.
• Contribute to credit decisioning in active stressed/distressed situations, including advisory and managed engagements.
• Prepare quarterly credit surveillance updates, and support accounting and regulatory reporting for portfolio exposures.
• Develop exposure management strategies, evaluate loan sale opportunities, prepare valuations for securities and other instruments received through restructurings, and recommend trading/disposition strategies.

Skills

Credit risk management

Leveraged finance

Communication skills

Under pressure

Job description

JPMorgan Chase in Chicago is seeking a Special Credits Director within the Special Credits Group to manage a portfolio of stressed and distressed borrowers, focusing on risk management and maximizing recovery through early intervention and financial restructuring.

You will partner with colleagues across functions and external stakeholders to develop and execute restructuring and recovery strategies while preserving key client relationships.