What are the responsibilities and job description for the Risk Management - Credit Risk Insurance - Executive Director position at JPMorgan Chase?
Bring your expertise to JPMorganChase. 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 an Executive Director within the Commercial and Investment Bank (CIB) Credit Risk team, you will focus on credit analysis and complex credit decisions across a diverse portfolio of insurance clients. You will collaborate closely across the firm and lead change through targeted projects that improve controls and efficiency.
Job Responsibilities
- Manage a portion of the North American Insurance portfolio across Life, Property & Casualty, Reinsurance, Brokers, and related financial institutions
- Evaluate and execute complex credit requests for new and existing clients, spanning traditional credit, markets products (derivatives, trading, and financing), payments products, and other credit exposures
- Lead end-to-end execution related to credit requests: diligence, risk grading, credit approval materials, legal documentation negotiation, facility setup, and post-approval monitoring
- Oversee ongoing portfolio management. Demonstrating sound credit judgement and effective risk monitoring through ongoing client diligence and industry analysis conducted in collaboration with partners across other lines of business
- Monitor market, economic, legislative, and regulatory developments affecting the insurance sector; brief stakeholders on client and industry risk profiles, including potential rating impacts
- Build strong relationships and maintain open communication with coverage bankers, product partners, operations, legal, and finance to ensure effective risk monitoring and execution quality
- Lead analytical projects focusing on client and industry risks, and contribute to process and efficiency improvements across Insurance Credit
- Train and mentor junior credit officers, fostering development and growth where appropriate
Required Qualifications, Skills and Capabilities
- Bachelor’s degree
- 10 years in commercial and investment banking, credit risk, and portfolio management
- 3 years of insurance industry expertise
- Proficient in insurance company credit analysis leveraging both GAAP and Statutory accounting frameworks
- Strong understanding of insurance regulatory regimes in the US and Bermuda
- Deep familiarity with corporate banking products, treasury management, capital markets, structured finance, corporate finance, and derivatives, including related documentation; experience negotiating loan and trading documentation is required
- Excellent communication and presentation skills - both written and verbal
- Executive presence and ability to think critically and multitask in a dynamic and fast-paced environment
- Track record of success coaching, developing and retaining high performing analysts and associates