JPMorganChase
Risk Management - Special Credits Lead - Vice President
JPMorganChase, Tempe, Arizona, us, 85285
Overview
Risk Management - Special Credits Lead - Vice President. Bring your expertise to JPMorgan Chase. 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. Job Responsibilities
Review collateral and loan documentation to identify and remediate errors, omissions, or deficiencies. Obtain and evaluate current financial information and collateral valuations to assess clients’ financial strength and collateral adequacy. Assess client and facility risk ratings according to established procedures. Develop and implement strategies to protect and improve the bank’s credit position, including determining stay/leave approaches for individual clients. Negotiate restructures of credit facilities and secure additional collateral as needed. Monitor progress against approved strategies and ensure timely documentation of status updates. Initiate legal actions, including collateral liquidation/foreclosure, to protect the bank’s interests when necessary. Maintain thorough documentation of all client interactions, agreements, and communications with external vendors and attorneys. Submit loans to the Small Business Administration (SBA) for repurchase when defaulted facilities are SBA-guaranteed. Qualifications
Minimum 5 years of experience in commercial collections and problem credit management. Strong knowledge of financial statement analysis, accounting practices, accounts receivable/borrowing base analysis, and collateral perfection. Expertise in commercial real estate and accounts receivable/inventory lending. Advanced negotiation, influencing, decision-making, conflict management, interpersonal, and analytical/problem-solving skills. In-depth understanding of credit philosophy, policies and procedures, loan documentation, SBA guidelines, collections litigation, federal bankruptcy laws, and state collection laws. Exceptional verbal and written communication skills. Ability to excel under pressure and thrive in fast-paced environments. To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. JPMorgan Chase & Co. will not provide sponsorship or assist with immigration documentation for any form of sponsorship or benefit including OPT or CPT. About Us
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. We offer a competitive total rewards package including base salary determined based on role, experience, skill set and location, plus benefits and programs to meet employee needs. Equal Opportunity Employer
We are an equal opportunity employer and value diversity and inclusion. We do not discriminate on the basis of protected attributes and we make reasonable accommodations for applicants and employees with religious practices and beliefs, mental health or physical disability needs. About The Team
Our Consumer & Community Banking division serves Chase customers through a range of financial services. We are proud to lead in credit card sales, deposit growth, and customer satisfaction, and we partner with clients to provide financial solutions as they start, run, and grow their businesses.
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Risk Management - Special Credits Lead - Vice President. Bring your expertise to JPMorgan Chase. 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. Job Responsibilities
Review collateral and loan documentation to identify and remediate errors, omissions, or deficiencies. Obtain and evaluate current financial information and collateral valuations to assess clients’ financial strength and collateral adequacy. Assess client and facility risk ratings according to established procedures. Develop and implement strategies to protect and improve the bank’s credit position, including determining stay/leave approaches for individual clients. Negotiate restructures of credit facilities and secure additional collateral as needed. Monitor progress against approved strategies and ensure timely documentation of status updates. Initiate legal actions, including collateral liquidation/foreclosure, to protect the bank’s interests when necessary. Maintain thorough documentation of all client interactions, agreements, and communications with external vendors and attorneys. Submit loans to the Small Business Administration (SBA) for repurchase when defaulted facilities are SBA-guaranteed. Qualifications
Minimum 5 years of experience in commercial collections and problem credit management. Strong knowledge of financial statement analysis, accounting practices, accounts receivable/borrowing base analysis, and collateral perfection. Expertise in commercial real estate and accounts receivable/inventory lending. Advanced negotiation, influencing, decision-making, conflict management, interpersonal, and analytical/problem-solving skills. In-depth understanding of credit philosophy, policies and procedures, loan documentation, SBA guidelines, collections litigation, federal bankruptcy laws, and state collection laws. Exceptional verbal and written communication skills. Ability to excel under pressure and thrive in fast-paced environments. To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. JPMorgan Chase & Co. will not provide sponsorship or assist with immigration documentation for any form of sponsorship or benefit including OPT or CPT. About Us
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. We offer a competitive total rewards package including base salary determined based on role, experience, skill set and location, plus benefits and programs to meet employee needs. Equal Opportunity Employer
We are an equal opportunity employer and value diversity and inclusion. We do not discriminate on the basis of protected attributes and we make reasonable accommodations for applicants and employees with religious practices and beliefs, mental health or physical disability needs. About The Team
Our Consumer & Community Banking division serves Chase customers through a range of financial services. We are proud to lead in credit card sales, deposit growth, and customer satisfaction, and we partner with clients to provide financial solutions as they start, run, and grow their businesses.
#J-18808-Ljbffr