J.P. Morgan's Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust JPM with their business in more than 100 countries. We offer strategic advice, lend money, raise capital, help manage risk, extend liquidity, buy and sell securities, and provide many other banking services in markets around the world.
Within the CIB, Credit Risk is responsible for managing credit exposure generated by lending, trading, cash management and other activities. The group is organized by geography with teams aligned by industry. CIB Credit Risk leads the client credit relationship in partnership with CIB sales teams from IB Coverage, Corporate Banking, Investment Grade & Leveraged Finance, Securitized Products, Sales & Trading, Treasury & Security Services, Legal, etc.
The North America Real Estate Credit Risk Team works with a client base of leading real estate, lodging, gaming, homebuilding and real estate service companies. The portfolio of credit products we manage and monitor includes corporate recourse traditional credit products (revolving credit facilities and term loans), real estate asset level financings, whole loan repos, risk retention, derivatives, and treasury lines.
The Vice President will be assigned a portfolio of clients and will have primary day-to-day responsibility for managing and monitoring credit exposure to them. Specific duties include:
Monitoring a portfolio of clients focusing on both primary and operating exposures
Leading credit due diligence and providing credit expertise in structuring new debt facilities for leveraged buyouts, recapitalizations, acquisitions, construction/development and general corporate purposes
Remaining current on all aspects of the credit relationship, including exposure, collateral, threshold management, compliance, potential problems and opportunities
Supervising, reviewing and providing input on analysis prepared by junior team members and their workflow
Utilizing assigned lending authority to approve lending and trading exposures within designated limits or obtaining higher level approval when needed
Leading or assisting on negotiation and completion of documentation for loan and derivative transactions
Working with CIB Coverage and Global Corporate Banking partners on allocation of capital for clients
Providing a cohesive and comprehensive approach to review ratings, risk assessment, portfolios, clients and sub-sectors
Leading senior management presentations, including annual industry reviews and quarterly portfolio tiering meetings to assess client, industry, and sector developments, and to evaluate risk ratings
Leading the discussion and responding to questions regarding clients during internal and regulatory audits of the portfolio
Ensuring compliance with all audit and administrative requirements including adherence to internal policies and procedures, as well as regulatory guidance and requirements
Assisting with recruiting, training and development of junior team members
Leading ad hoc team projects
Minimum 5-7 years of relevant work experience
Exceptional credit underwriting background and analytical skills
Experience managing a portfolio of lending and other credit exposures
Solid grasp of accounting and corporate finance
Relevant credit risk management experience and real estate industry expertise
In-depth understanding of financial products and structuring
Solid knowledge of market dynamics
Excellent verbal and written communication skills
Successful partnering with internal groups
Experience interfacing with external clients
Ability to successfully work independently and as part of a team
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.