Head of Wholesale Credit Risk Business Banking, Managing Director

JPMorgan Chase • Plano, TX • 7h ago

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 the Head of Wholesale Credit in Business Banking Risk, you will lead a credit team and manage a portfolio of approximately $20 billion in loan commitments (across approximately 30,000 clients). You will apply your broad understanding of the business environment, including current events, economic cycles, and regulatory frameworks, to deal structuring and portfolio management. You will have a deep understanding of commercial lending & risk appetite, drive strategic decisions and influence business priorities, oversee management of deteriorating credits, and maintain a robust control environment. Together, we will support the growth of the Business Banking portfolio while upholding prudent credit judgment and risk practices.

Job Responsibilities:

Lead and mentor a high-performing team, fostering a culture of change and continuous development.

Approve credit transactions, ensuring compliance with regulations and internal policies in Business Banking and Wholesale Credit; provide effective credible challenge with the business and support recommendations to senior management.

Oversee portfolio management activities, focusing on early warning signs and risk ratings.

Manage credit analysis resources, facilitating timely and accurate credit decisions.

Supervise the Special Credits portfolio, driving effective management of workout scenarios and aiming to reduce charge-offs and enhance recoveries.

Build and maintain strong partnerships, engaging in deal teams and customer meetings.

Cultivate deep strategic relationships with stakeholders across Sales, Credit Risk, Operations, Controls, Legal, Compliance, CCB Risk, and Wholesale Risk.

Identify opportunities to streamline processes and implement strategic improvements within the Risk organization.

Lead research and development of new Risk Management strategies and tools.

Required qualifications, capabilities, and skills:

Bachelor's degree in Finance, Accounting, Business Administration, or a related field.

20 years of Wholesale/Commercial Credit experience, including complex deal structuring.

In-depth knowledge of credit risk assessment and regulatory requirements.

Seasoned leadership capacities and executive presence, with demonstrated success in managing large teams and the ability to coach others on articulating complex ideas and challenges succinctly.

Strong track record of flexibility and collaboration with stakeholders and colleagues at all levels, adept at navigating a highly matrixed organization.

High level of maturity and confidence to engage with senior management regularly, handling significant exposure with poise and professionalism.

Proactive self-starter with a history of initiating transformative change.

Preferred qualifications, capabilities, and skills:

MBA or advanced degree.

Direct client engagement experience.

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

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