Field Examination Lead Asset Based Lending Vice President
Chicago, IL - USA
Job Summary
As the Field Examination Lead in the Asset-Based Lending (ABL) Field Examination team you will promote rigorous collateral and credit risk assessments collaborate with senior credit leaders and deliver actionable insights to inform safe and sound growth across the platform.
Job Responsibilities
- Own the full exam lifecycle for assigned transactions: scope and test plan design staffing and budgeting fieldwork execution oversight issue escalation quality assurance and final report approval and issuance.
- Apply a risk-based approach to determine exam frequency depth and procedures by borrower risk profile collateral complexity and portfolio priorities.
- Lead engagement kickoffs and closeouts with client CFO/Controller/Operations leadership; ensure clear expectations timelines on-site logistics and data requirements.
- Approve final borrowing base testing coverage and procedures for accounts receivable inventory and accounts payable; review and sign off on all deliverables.
- Direct teams in analyzing receivables inventory payables and historical performance to validate collateral quality eligibility and trends.
- Present key findings risk implications and recommendations to credit committees and deal teams; support negotiations on borrowing base structures and covenants.
- Lead and mentor teams of Associates/Analysts and Senior Examiners; set expectations provide coaching conduct reviews and develop talent.
Required qualifications capabilities and skills
- Bachelors degree in Accounting Finance or Economics.
- 8 years of progressive experience in ABL field examination collateral audit public accounting or credit risk with heavy ABL exposure; proven success leading complex multi-site exams.
- Deep technical knowledge of A/R and inventory collateral eligibility rules ineligibles and reserves dilution analytics and borrowing base structures; strong command of ABL loan documentation mechanics and practical implications for testing.
- Demonstrated ability to interface directly with senior client executives and internal stakeholders; skilled at distilling complex findings into clear recommendations and influencing decisions.
- Advanced Excel and data analysis skills; proficiency with ERP reporting and reconciliations; strong written communication with a track record of issuing high-quality reports.
- Project/team leadership experience including planning budgeting prioritization and performance management in a fast-paced environment.
- Inclusive leadership skills with the ability to collaborate across different groups and regions.
Preferred qualifications capabilities and skills
- Professional credentials such as CPA CIA or CFE.
- Experience with cross-border ABL practices (Canada Europe) and multi-jurisdictional collateral regimes; familiarity with Article 9 concepts and inventory consignment/bailee arrangements.
- Exposure to industry-specific collateral risks (e.g. seasonal inventory perishable goods contract manufacturing distributor networks).
- Comfort with data analytics tools and automation to enhance test coverage and efficiency.
About the Team
Our Asset-Based Lending (ABL) Field Examination team safeguards portfolio integrity and supports business growth through high-quality collateral examinations and actionable insights. We partner closely with credit risk portfolio management and front-office teams to deliver timely accurate and risk-aware field exams.
Required Experience:
Exec
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