Risk Management Asset Wealth Management Special Credits Executive Global Head of Special Credits Managing Director
Risk Management Asset Wealth Management Special Credits Executive Global Head of Special Credits Managing Director
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Salary Not Disclosed
1 Vacancy
Job Description
Bring your expertise to JPMorgan Chase as a Special Credits Executive and play a pivotal role in Risk Management and Compliance ensuring JPMorgan Chase remains strong and resilient. You will help the firm grow responsibly by anticipating new and emerging risks and using your expert judgment to solve realworld challenges that impact our company customers and communities. Our culture encourages thinking outside the box challenging the status quo and striving to be bestinclass.
Job summary
As a Special Credits Executive Managing Director within Asset and Wealth Management Credit Risk team you will play a significant role in managing risk and supporting the global lending practice. As the AWM Global Head of Special Credits you will lead a team of Special Credits Executives in managing problem credit portfolios across various markets including the United States EMEA Asia and Latin America.
Job responsibilities
- Lead and mentor a team of experienced special credit officers overseeing their management of problem credit portfolios.
- Approve credit risk ratings and resolution strategies for highrisk credit exposures.
- Navigate complex problem loan restructurings bankruptcies and enforcement proceedings.
- Develop a thorough understanding of the firms risk management and control policies and guidelines to ensure compliance and support effective decisionmaking.
- Collaborate closely with internal and external legal counsel to maximize recovery on distressed assets and mitigate potential liability.
- Conduct quarterly credit surveillance meetings and challenge strategies risk ratings and reserve recommendations.
- Approve assetspecific reserve recommendations and ensure compliance with relevant accounting policies.
- Collaborate with senior credit risk leadership in establishing quarterly qualitative reserves.
- Mentor junior credit officers and analysts through lessonslearned sessions.
- Oversee and facilitate ad hoc riskrelated projects and workflows.
- Communicate proactively on newly identified problem credit exposures and escalate potential credit cost items to the respective markets.
Required qualifications capabilities and skills
- Masters or Bachelors degree required.
- 10 years in a similar banking or credit approval role with a track record of exceeding performance expectations.
- Highly organized motivated and hard working with exceptional communication skills both written and verbal
- Outstanding professional reputation and integrity.
- Strong leadership skills with experience in training and managing a team.
- Expertise in loan structuring complex finance structures negotiating credit analysis and portfolio management with experience synthesizing information developing recommendations making decisions and problemsolving.
- Deep understanding of creditor rights and enforcement strategies.
- Considerable experience working with attorneys on enforcement and bankruptcy litigation.
- Knowledge of lien perfection and priority including but not limited to real property accounts aircraft boats automobiles life insurance and cash and marketable securities.
Required Experience:
Exec
Employment Type
Full-Time
