JPMorgan Chase Commercial Bank Risk- Credit Risk, Executive Director in Chicago, Illinois
Middle Market Banking & Specialized Industries (MMBSI) is a Commercial Banking business located in 117 offices across the US and Canada. MMBSI provides credit, cash management, capital markets and corporate finance advisory solutions to corporations, municipalities and not-for-profit entities via our Core Banking and Specialized Industries teams.
In MMBSI, our competitive advantages include robust international capabilities, the ability to provide clients with access to world-class investment banking solutions and our focus on industry specialization. These key differentiators, combined with our dedication to personalized service, allows us to build long-term relationships with mid-sized businesses and a wide spectrum of municipalities and not-for-profit entities.
Core Banking teams generally focus on clients with annual revenues of $20 million to $500 million. Our local delivery model, coupled with the firm's global resources, allows us to provide clients with customized, comprehensive solutions and exceptional service.
The Credit Risk Director will be responsible for managing a team of Underwriters covering the Southeast Michigan region in the Eastern Midwest segment of MMBSI. The candidate must be able to perform in a demanding, complex, and highly visible environment. The successful candidate must possess excellent managerial and people skills and must be a proven team player capable of training and developing a new staff.
This position will be a senior level position that will be focused full time on credit review and approval. Client focus is key as the Credit Risk Director deals with customers at any management level and assesses management quality. Individuals at this level must be capable of fully independent activity with the primary responsibility of approving credit and the credit quality of the loan portfolio for the Southeast Michigan region. The candidate is involved with underwriting commitments for large and complex relationships, working with multifunctional teams. Additionally the candidate implements the policies and procedures necessary to achieve the mission of the Risk Organization and ensures they are being adhered to on an ongoing basis. The Credit Risk Director's decisions have a major impact on portfolio quality and profitability.
BA/BBA/MBA and completion of a major corporate bank credit training program (or the equivalent corporate banking / corporate finance experience)
Typically have 10 -15yrs in banking and lending experience which includes credit, structuring and marketing.
Proven leadership skills. Able to manage, coach and motivate a team of underwriters who are at varying levels of development.
Possess significant analytical and finance skills in order to underwrite, guide and help structure complex and / or difficult credits.
Preferably has institutional credibility within JPMC's Risk organization and with other leaders in the Commercial Bank.
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
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