Risk Management -Credit Risk Vice President-Underwriter

JobID: 210532367

Category: Credit Risk

JobSchedule: Full time

Posted Date: 2024-07-01T15:42:59+00:00

JobShift: Day

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Bring your expertise to 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 Vice President in the Community Development Banking group, you will be an Underwriter supporting the Intermediaries Lending ("IL") team. The team work with Community Development Financial Institutions ("CDFIs") to deliver loan capital to advance inclusive economic growth in low-income communities. The IL team provides credit to top-tier CDFIs whose geographic targets and missions align with the firm's community reinvestment act objectives within its major markets. Underwriters have multiple responsibilities, which include preparation and presentation of credit approval packages, account management, and portfolio management. There are also frequently opportunities for the Underwriter to work across business lines, including working with the Community Development Real Estate and New Markets Tax Credits teams to finance affordable housing and other community development projects.

Job Responsibilities:

• Analyze a CDFI's audited financial statement and portfolio quality to assess its current strength and provide a summary of the organization's current management, lending strategy and overall outlook.

• Identify key credit risks in a transaction and communicate them in a clear and succinct manor.

• Prepare credit approval packages and present to Credit Executives and/or Investment Committee for approval.

• Take a leadership role in closing new transactions including review of loan documentation.

• Support the banking team in management of on-going client relationships and transactions. Engage directly with CDFI project-level and executive staff.

• Manage a portfolio of accounts and collaborate with the servicing and portfolio management teams.

• Support on-going valuation of loans within the portfolio.

• Ensure regulatory compliance and timely maintenance of accurate books and records.

Required qualifications, capabilities, and skills:

• Minimum of eight years in a lending function with experience structuring complex transactions or commercial real estate credit.

• BA/BS or Masters, with concentration in urban policy or management and/or accounting/finance/economics.

• A demonstrated passion for community development finance and/or social enterprise

• Strong analytical and project management skills, with the ability to multi-task

• Strong verbal and written communication

• Dexterity with Excel, Powerpoint and Word.

• Excellent teamwork and customer service

• Ability to consistently deliver on commitments to colleagues and internal and external customers

• Ability to handle ambiguous problems and persist until problem is resolved

• Attention to detail

• Entrepreneurial spirit and comfort with ambiguity

Preferred qualifications, capabilities and skills

• Working knowledge of JPMC add-ins a plus