Vice President - Credit Risk Management - Real Estate -Plano, TX at JPMorgan Chase Bank, N.A. in Plano, Texas

Posted in General Business 13 days ago.

Type: Full-Time





Job Description:

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.

Job Responsibilities:

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

Qualifications:

  • 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.

Equal Opportunity Employer/Disability/Veterans