The Group: The Chase Middle Market Banking Group is part of JP Morgan Chase's Commercial Bank and focuses on companies with annual sales of $20 million up to $500 million
The Mid-Atlantic and Mid-South Regions are expansion markets in the Middle Market that encompass 7 of the top 50 MSAs and 10 of the top 100 MSAs in the country. Additionally, the Aerospace Defense and Government Services Industry is a national discipline with all underwriting and risk activities completed centrally in these Regions.
The Senior Underwriter function leads the credit origination, analysis, and risk management for the Mid-Atlantic and Mid-South Regions as well as nationally through the Aerospace, Defense and Government Services Industry discipline.
As a Senior Underwriter in Middle Market, your primary role is to take ownership of the portfolio and to utilize excellent credit skills to work independently on the portfolio of relationships assigned to you. You will appropriately assess the risk in the portfolio, diligently managing the portfolio (i.e. renewals, modifications, managing the credit metrics), consulting with both clients and Bankers, and meeting client deadlines. You will be a partner to the Bankers in the Regions, striving to balance sales and credit quality goals.
Key attributes in the role include (i) structuring and credit policy expert and go to person for the Bankers, (ii) leadership in both the Regions and Underwriting, and (iii) serve as a mentor to less experienced Underwriters and Bankers.
Key attributes and responsibilities include but are not limited to:
Taking ownership of the portfolio, acting with a sense of urgency, doing whatever it takes to effectively complete the job.
Structuring open-minded and creative transactions by being open minded from the standpoint of \"how can we do this deal,\" while balancing the risk/reward. Rather than immediately declining a transaction, seeking out a tenable structure even though that structure may differ from the original request. Additionally, provide ideas/suggestions on how to market the structure to the client.
Utilizing excellent credit, communication, and organizational skills to author well thought out and concise analysis of Middle Market relationships identifying appropriate structure and key risks.
Work in partnership with the Bankers to develop fulsome Client relationships including being looked to as the go to person when the banker is out.
Working proactively, in a constructive, diplomatic manner, with both internal and external contacts to keep transactions moving.
Effective leader in complex transactions including syndications and multi-level capital structures.
Quick and accurate evaluation of smaller relationships to determine if the risk profile is acceptable and recommend simple structures that adequately protect the bank while not over engineering the transaction.
Leadership in the market by being a positive contributor to the team including (i) proactive consulting with both Bankers and clients/prospects, and (ii) mentoring less experienced team members and embracing change.
Demonstrating excellent communication skills both internally and externally and using these skills to effectively consult and provide solutions.
The ability and courage to voice your opinion in a clear, concise manner and to defend that position with Management.
Completion of a major corporate or commercial bank credit training program (or the equivalent corporate banking/corporate finance experience)
Minimum of 8 years experience in commercial banking/lending which might include credit, structuring and marketing experience
Significant accounting and finance knowledge and commercial banking experience
Demonstrated excellent verbal and written skills, interpersonal skills, and analytical and problem solving skills
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.