Wholesale Credit Risk - Leveraged Finance: Vice President

Jpmorgan Chase & Co. New York , NY 10007

Posted 2 months ago

Job Description

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.

The Wholesale Credit Risk - Leveraged Finance Team manages the governance framework, policies, limits & thresholds, and monitoring for the portfolio governed by the Interagency Leveraged Lending Guidelines and the OCC's Heightened Standards for Large Financial Institutions. Individuals work directly with Credit Officers in the Wholesale Credit Risk ("WCR") organization on the origination and monitoring of Committed Leveraged Finance and other exposures in the Wholesale Credit Portfolio. The Team is part of the broader Wholesale Credit Risk regulatory and strategy group and is also involved in other related strategy projects.

  • Manage the ongoing monitoring of the Leveraged Financing ("LF"), Heightened Standards ("HS"), and FDIC portfolios including non-pass origination activity

  • Be the subject matter expert on the Firm's credit risk systems and policies and the lead contact on the Leveraged Financing and Heightened Standards risk policies in order to provide guidance to WCR teams and business colleagues on regulatory items related to Leveraged Financing, Heightened Standards and FDIC

  • Ongoing monitoring and governance of the Bank's Sponsor Portfolio and Direct Lending exposures

  • Lead implementation of various projects, policy changes and action plans identified to address new business and regulatory requirements around LF, HS, FDIC, Sponsors, Direct Lending etc. with a focus on streamlining and simplifying existing policies and processes across WCR

  • Manage relevant limits and thresholds framework including notional and stress limits to closely monitor activity and ensure strong governance and controls

  • Prepare presentation materials on LF/HS for firmwide and WCR senior management, respond to regulatory inquiries, prepare materials and respond to questions from senior management for quarterly JPMC earnings, and address other ad hoc business and regulatory requests

  • Work with technology, credit risk and other stakeholders to develop and project manage technology enhancements

Minimum Skills, Experience and Qualifications

We are looking for someone excited to join our organization. If you meet the minimum requirements below, you are encouraged to apply to be considered for this role.

  • 5+ years of Credit Risk and/or Leveraged Finance experience

  • Ability to think holistically, creatively, critically and independently

  • Strong project management skills and ability to build effective working relationships across LOBs and functions

  • Strong written and verbal communication skills

  • Strong technical, analytical, and quantitative skills

  • Ability to work well under pressure in a demanding environment

Additional Skills, Experience and Qualifications

The following additional items will be considered but are not required for this role

  • Prior experience in driving large scale transformation projects
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