What are the responsibilities and job description for the Portfolio Banker position at JPMorganChase?
Job Description
Chase Auto is a leading provider of auto financing with a portfolio of more than $80 billion in assets and relationships with 75% of U.S. franchised automotive dealers. The business is part of the JPMorgan Chase franchise and serves auto dealers, consumers, and vehicle manufacturers. It offers a range of products and services to meet the financial needs of its clients from retail lending, captive financing, and floorplan products to cash management, private banking, and payment processing.
As a Dealer Services Portfolio Bankers in auto finance, you will work directly with Auto commercial bankers and sales leadership to provide portfolio management support and assist with new business opportunities/loan renewals. Portfolio Bankers (PBs) serve as a sales liaison with credit, operations, client service and treasury teams with the primary goal of keeping new business opportunities / loan renewals on track to meet expected timelines and ensuring portfolios are effectively managed. PB alignment is by client, ensuring support for larger, more complex client relationships. PBs build relationships with client and have direct contact to manage portfolio effectively.
Job Responsibilities
About Us
Chase is a leading financial services firm, helping nearly half of America’s households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
Equal Opportunity Employer/Disability/Veterans
About The Team
Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We’re proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions – all while ranking first in customer satisfaction.
When it comes to buying a vehicle or refinancing an existing car loan, many customers turn to Chase to help. Our auto lending services are constantly evolving and incorporating the latest technology to help match car buyers with dealers, provide competitive financing options and ease loan management.
Chase Auto is a leading provider of auto financing with a portfolio of more than $80 billion in assets and relationships with 75% of U.S. franchised automotive dealers. The business is part of the JPMorgan Chase franchise and serves auto dealers, consumers, and vehicle manufacturers. It offers a range of products and services to meet the financial needs of its clients from retail lending, captive financing, and floorplan products to cash management, private banking, and payment processing.
As a Dealer Services Portfolio Bankers in auto finance, you will work directly with Auto commercial bankers and sales leadership to provide portfolio management support and assist with new business opportunities/loan renewals. Portfolio Bankers (PBs) serve as a sales liaison with credit, operations, client service and treasury teams with the primary goal of keeping new business opportunities / loan renewals on track to meet expected timelines and ensuring portfolios are effectively managed. PB alignment is by client, ensuring support for larger, more complex client relationships. PBs build relationships with client and have direct contact to manage portfolio effectively.
Job Responsibilities
- Support bankers with new business opportunities, including spread requests, financial analysis, pricing model creation, preparation/participation in meetings with credit team, and engagement with treasury partners.
- Collaborate with internal partners to guide new business opportunities from proposal acceptance through onboarding, ensuring smooth deal flow and timely client delivery.
- Assist with annual renewals by validating pricing models and relationship strategies.
- Assist with onboarding new client relationships by engaging with operations, credit, treasury, KYC, environmental and appraisal teams, as needed. Review loan documentation to validate accuracy prior to sending to borrower.
- Support bankers with pipeline management to ensure new business/renewals move through pipeline in timely manner and escalate/resolve roadblocks.
- Update Salesforce opportunity/renewal records to ensure deal tracking accuracy.
- Participate in pipeline calls with bank leadership and provide deal status updates.
- Communicate with the client to obtain needed portfolio maintenance items and coordinate with operations and credit teams to clear past-due items.
- Monitor portfolio performance and proactively address issues.
- Minimum of 5 years of related work experience
- Experience with commercial systems, such as Data Scan, ACBS and ICRD
- Adept at navigating through sales, credit, operations and support teams.
- Undergraduate degree in business, finance, economics, math, management
- Financial analysis capabilities
- Superior analytical and quantitative skills
- Highly motivated, independent worker within a team-oriented culture
- Exceptional verbal and written communication skills
- Superior analytical, quantitative skills, client management, sales and marketing skills
- Familiar with Microsoft Word, Excel, and PowerPoint
- Experience in commercial underwriting and risk assessment.
- Salesforce experience
- MBA
About Us
Chase is a leading financial services firm, helping nearly half of America’s households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
Equal Opportunity Employer/Disability/Veterans
About The Team
Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We’re proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions – all while ranking first in customer satisfaction.
When it comes to buying a vehicle or refinancing an existing car loan, many customers turn to Chase to help. Our auto lending services are constantly evolving and incorporating the latest technology to help match car buyers with dealers, provide competitive financing options and ease loan management.