VP, Structured Credit Risk – ABS & Securitization

Testing Site - JPMC; Chicago (IL); On-site; USD 140,000 - 190,000; Full time

Job summary

J.P. Morgan in Chicago seeks a Lead Credit Officer – Vice President to independently evaluate and manage risk for asset-backed securitization financings across asset classes. You will structure deals, validate stress models, and present to senior approvers while coaching junior analysts.

The role combines deep asset-level and corporate credit analysis, with leadership responsibilities and cross‑functional collaboration across deal teams, risk governance, and operations.

Qualifications

• Bachelor’s degree in finance, economics, business or a related field.
• Minimum 5 years of experience in corporate credit/banking, asset‑based lending (ABL), a national rating agency, or other roles involving highly structured credit lending and/or analysis.
• Experience in assessing and managing risk, preferably with non‑bank financial institutions (NBFIs), securitization, and structured finance; completion of a bank credit/analyst training program (or equivalent) preferred.
• Strong analytical and critical‑thinking skills with proficiency in Excel modeling (cash‑flow/waterfall), stress‑testing, and validating assumptions.
• Excellent written and verbal communication skills; able to explain complex topics clearly to stakeholders.
• Proven ability to negotiate deal terms and structure solutions collaboratively with internal stakeholders and deal originators.
• Capable of providing independent credible challenge on complex concepts and proposed structures.
• Highly motivated self-starter with a natural passion for learning and an inquisitive mindset.
• Strong interpersonal skills and the ability to work effectively in a team environment.
• Ability to manage multiple transactions and deadlines simultaneously with strong attention to detail.
• Strong sense of accountability, ownership, and work ethic.

Responsibilities

• Develop forward-looking view of client businesses and collateral risk through financial analysis of asset originators and servicers, including liquidity, leverage, cash flow, profitability, covenant compliance, and operational resiliency
• Lead and document due diligence on clients, servicers, and assets through virtual and onsite reviews; evaluate asset data and performance trends to form prospective risk outlook
• Provide independent challenge on proposed financing terms and structures to ensure alignment with risk appetite; identify, assess, and quantify key risks across asset performance, counterparty profile, and structural features
• Validate cash flow and waterfall models to confirm loss coverage, liquidity, weighted average life, and trigger headroom; challenge model assumptions and structural protections
• Review and approve agreed-upon procedure (AUP) scopes and reports for receivable audits conducted by independent securitization consultants
• Prepare and oversee written credit analyses with clear recommendations for senior credit approvers; document rationales, conditions, and monitoring requirements
• Review transaction legal documentation for consistency with approved terms
• Continuously monitor assigned portfolio credit quality; maintain accurate risk grades and early warning indicators to identify deteriorating credits and implement protective mitigants
• Coach and train junior analysts while upholding analytical rigor, documentation standards, and timely delivery of credit approvals
• Oversee accurate booking of exposures in J.P. Morgan credit systems; coordinate with middle office to maintain data integrity
• Lead ad-hoc initiatives (portfolio reviews, regulatory inquiries) and contribute to enhancements in credit risk governance, as needed

Skills

Financial analysis

Stress testing

Excel modeling

Credit risk assessment

Communication

Negotiation

Team leadership

Education

Bachelor’s degree in finance, economics, or related field

Tools

Excel

PowerPoint

Job description

J.P. Morgan in Chicago seeks a Lead Credit Officer – Vice President to independently evaluate and manage risk for asset-backed securitization financings across asset classes. You will structure deals, validate stress models, and present to senior approvers while coaching junior analysts.

The role combines deep asset-level and corporate credit analysis, with leadership responsibilities and cross‑functional collaboration across deal teams, risk governance, and operations.