What are the responsibilities and job description for the Commercial Investment Bank - Credit Risk Executive - Traditional and Alternative Asset Managers position at JPMorgan Chase?
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As a Credit Risk Executive Director in our Commercial Investment Bank, you will manage exposure to North American based traditional and alternative asset management firms, private equity sponsors, and real estate fund managers that are industry leaders engaging across the spectrum of investment strategies. You will be responsible for a portfolio of large asset managers, providing senior, holistic coverage across all entities within these client families and will report to the group head. In addition, you will manage a client portfolio which entails overseeing transaction structures, performing counterparty due diligence and ongoing monitoring of exposure emanating from traditional bank lending products, structured financing as well as capital markets trading activities.
Job Responsibilities:
- Perform client due diligence and financial analysis and summarize in written credit approval memos and reviews
- Review and approve trading activity, including recommending margin requirements as well as structural enhancements
- Provide credit expertise in structuring loan and derivative transactions
- Set and communicate credit exposure appetite across trading products utilizing internal exposure methodologies
- Oversee legal negotiations for traded products and traditional lending
- Serve as principal contact for and partner with colleagues from Sales & Trading, Prime Brokerage, Investor Client Management, Treasury & Security Services, Legal, IB Coverage, Syndicated & Leveraged Finance, Debt Capital Markets, and Ratings Advisory
- Assess creditworthiness of clients and assign appropriate credit ratings.
- Maintain updated credit research on a portfolio of clients
- Lead group wide efficiency and risk enhancement projects
- Remain current on all aspects of the credit relationship, including exposure, threshold management, compliance, potential problems and opportunities.
- Lead credit due diligence for bank and bond executions in tandem with M&A transactions, LBOs, and portfolio refinancings
Required Qualifications, Skills and Capabilities
- A minimum of 8-10 years of Credit/Market risk experience required
- Strong credit background and analytical skills, demonstrating a solid grasp of accounting and corporate finance
- Solid familiarity with leveraged finance underwriting and credit agreements
- Possesses a solid understanding of financial products and market dynamics
- Strong interest in client interaction and possess outstanding verbal and written communication skills
- Ability to perform well under pressure on teams in a demanding environment
- Proficiency in Excel, Powerpoint and Word
Preferred Qualifications, Skills and Capabilities
- Financial services experience preferred in Investment Banking
- Knowledge of Asset Management, Financial Technology and FIG industries preferred