Credit Officer, Vice President Asset-Backed Finance
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Job Location:
Chicago, IL - USA
Monthly Salary:
$ 123500 - 230000
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
As part of the 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 Lead Credit Officer Vice President within Wholesale Credit Risk for J.P. Morgans Commercial & Investment Bank you will independently evaluate approve and actively manage risk for predominantly Asset-Backed Securitization financings (ABS) across consumer and commercial asset classes from auto loans and credit cards to digital infrastructure and emerging collateral types. Partner with deal teams to structure complex financings validate stress models present recommendations to senior credit approvers and actively manage a dynamic portfolio. Additionally you will combine deep asset-level analysis with corporate credit assessment of originators and servicers giving you a comprehensive view of risk across the capital structure. This role offers more than technical challenge its a platform for junior analysts influence outcomes and help shape the future of structured finance.
Job Responsibilities
- Develop forward-looking view of client businesses and collateral risk through financial analysis of asset originators and servicers including liquidity leverage cash flow profitability covenant compliance and operational resiliency
- Lead and document due diligence on clients servicers and assets through virtual and onsite reviews; evaluate asset data and performance trends to form prospective risk outlook
- Provide independent challenge on proposed financing terms and structures to ensure alignment with risk appetite; identify assess and quantify key risks across asset performance counterparty profile and structural features
- Validate cash flow and waterfall models to confirm loss coverage liquidity weighted average life and trigger headroom; challenge model assumptions and structural protections
- Review and approve agreed-upon procedure (AUP) scopes and reports for receivable audits conducted by independent securitization consultants
- Prepare and oversee written credit analyses with clear recommendations for senior credit approvers; document rationales conditions and monitoring requirements
- Review transaction legal documentation for consistency with approved terms
- Continuously monitor assigned portfolio credit quality; maintain accurate risk grades and early warning indicators to identify deteriorating credits and implement protective mitigants
- Coach and train junior analysts while upholding analytical rigor documentation standards and timely delivery of credit approvals
- Oversee accurate booking of exposures in J.P. Morgan credit systems; coordinate with middle office to maintain data integrity
- Lead adhoc initiatives (portfolio reviews regulatory inquiries) and contribute to enhancements in credit risk governance as needed
Required Qualifications Capabilities and Skills
- Bachelors degree in finance economics business or a related field
- Minimum 5 yearsof experience in corporate credit/bankingassetbased lending (ABL) a national rating agency or other roles involving highly structured credit lending and/or analysis
- Experience in assessing and managing risk preferably withnonbank financial institutions (NBFIs) securitization and structured finance;completion of a bank credit/analyst training program (or equivalent) preferred
- Strong analytical and criticalthinking skills with proficiency in Excel modeling (cashflow/waterfall) stresstesting and validating assumptions
- Excellent written and verbal communication skills; able to explain complex topics clearly to stakeholders
- Proven ability to negotiate deal terms and structure solutions collaboratively with internal stakeholders and deal originators
- Capable of providing independent credible challenge oncomplex concepts and proposed structures
- Highly motivated self-starter with a natural passion for learning and an inquisitive mindset
- Strong interpersonal skills and the ability to work effectively in a team environment
- Ability tomanage multiple transactions and deadlinessimultaneously with strong attention to detail
- Strong sense of accountability ownership and work ethic
Preferred Qualifications Capabilities and Skills
- Familiarity with asset-backed securities (ABS) markets and experience lending to or analyzing ABS structures
- Familiarity with whole business securitizations fiber transactions and/or digital infrastructure asset classes
- Familiarity with ratingagency criteria and methodologies for asset-backed securities
- Basic understanding of credit legal documentation and securitization financing processes
- Proficiency with advanced Excel and PowerPoint
Required Experience:
Exec
Key Skills
- Forecasting
- Financial Services
- GAAP
- Accounting
- IFRS
- Regulatory Reporting
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Report Interpretation
- Financial Management
- Financial Planning
About Company
JPMorganChase, 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 ov ... View more
