JPMorganChase
Risk Management - Insurance - Credit Risk Vice President
JPMorganChase, New York, New York, us, 10261
Risk Management - Insurance - Credit Risk Vice President
Join to apply for the Risk Management - Insurance - Credit Risk Vice President role at JPMorgan Chase.
Base Pay Range $133,000.00/yr - $240,000.00/yr
Job Description Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping the firm strong and resilient. You help the firm grow its business responsibly by anticipating new and emerging risks and using expert judgment to solve real‑world challenges that impact the company, customers and communities. The 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 Vice President on the Insurance team, you will leverage analytical abilities and industry knowledge to make and support credit decisions for a diverse portfolio of clients, manage exposure to various insurance companies and related financial institutions, demonstrate sound credit judgment, and build strong relationships across the firm.
Job Responsibilities
Manage exposure to a client base consisting of North American Life, Property & Casualty, Reinsurance, Brokers and other related financial institutions
Lead due diligence and risk grading of your portfolio; evaluate and action credit requests, risk grading, and ongoing monitoring and management of a diverse portfolio, including traditional credit products, markets products (derivatives, trading, financing), intraday liquidity facilities, and other credit exposures
Demonstrate sound credit judgement and effective risk monitoring through collaboration across multiple lines of business and credit teams
Manage daily risk demands of a portfolio of clients, evaluating and executing on a variety of transactions for insurance companies and similar financial institutions
Oversee transaction execution, including client analysis, preparation of credit approval materials, lead discussions with bankers, legal documentation negotiation, setup of credit facilities and ongoing monitoring post‑approval
Build strong relationships and maintain open communication channels with colleagues across the firm, including bankers, operations, legal, and finance
Monitor clients and update key stakeholders on important developments with regard to clients or industry and potential impact on credit ratings
Stay informed about the evolving economic, legislative, and regulatory environment that impacts the insurance sector
Provide leadership and input into key projects and contribute to process and efficiency improvement initiatives
Manage, train and mentor the team’s junior credit officers, fostering their development and growth
Required Qualifications, Capabilities and Skills
Bachelor's Degree required
7+ years of credit risk experience within a bank or other financial services entity
Highly proficient in insurance company credit analysis
Knowledge of GAAP and statutory accounting: ability to analyze financial statements
Deep understanding of financial products, corporate finance and market dynamics
Experience negotiating loan and trading documentation
Outstanding verbal and written communication skills; strong client interaction abilities
Proven ability to perform well under pressure in a demanding environment
Highly proficient in Excel, PowerPoint and Word
Preferred Qualifications, Capabilities and Skills
Completion of a bank’s formal credit training program
Advanced degree (MA, MBA, CFA) preferred
Corporate finance and accounting coursework
About Us JPMorgan Chase, 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. 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission‑based pay and/or discretionary incentive compensation. We also offer a range of benefits and programs to meet employee needs, based on eligibility.
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. 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. We also make reasonable accommodations for applicants’ and employees’ religious practices and mental health or physical disability needs.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans.
Seniority Level Mid‑Senior level
Employment Type Full‑time
Job Function Finance and Sales
Referrals increase your chances of interviewing at JPMorgan Chase by 2x.
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Base Pay Range $133,000.00/yr - $240,000.00/yr
Job Description Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping the firm strong and resilient. You help the firm grow its business responsibly by anticipating new and emerging risks and using expert judgment to solve real‑world challenges that impact the company, customers and communities. The 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 Vice President on the Insurance team, you will leverage analytical abilities and industry knowledge to make and support credit decisions for a diverse portfolio of clients, manage exposure to various insurance companies and related financial institutions, demonstrate sound credit judgment, and build strong relationships across the firm.
Job Responsibilities
Manage exposure to a client base consisting of North American Life, Property & Casualty, Reinsurance, Brokers and other related financial institutions
Lead due diligence and risk grading of your portfolio; evaluate and action credit requests, risk grading, and ongoing monitoring and management of a diverse portfolio, including traditional credit products, markets products (derivatives, trading, financing), intraday liquidity facilities, and other credit exposures
Demonstrate sound credit judgement and effective risk monitoring through collaboration across multiple lines of business and credit teams
Manage daily risk demands of a portfolio of clients, evaluating and executing on a variety of transactions for insurance companies and similar financial institutions
Oversee transaction execution, including client analysis, preparation of credit approval materials, lead discussions with bankers, legal documentation negotiation, setup of credit facilities and ongoing monitoring post‑approval
Build strong relationships and maintain open communication channels with colleagues across the firm, including bankers, operations, legal, and finance
Monitor clients and update key stakeholders on important developments with regard to clients or industry and potential impact on credit ratings
Stay informed about the evolving economic, legislative, and regulatory environment that impacts the insurance sector
Provide leadership and input into key projects and contribute to process and efficiency improvement initiatives
Manage, train and mentor the team’s junior credit officers, fostering their development and growth
Required Qualifications, Capabilities and Skills
Bachelor's Degree required
7+ years of credit risk experience within a bank or other financial services entity
Highly proficient in insurance company credit analysis
Knowledge of GAAP and statutory accounting: ability to analyze financial statements
Deep understanding of financial products, corporate finance and market dynamics
Experience negotiating loan and trading documentation
Outstanding verbal and written communication skills; strong client interaction abilities
Proven ability to perform well under pressure in a demanding environment
Highly proficient in Excel, PowerPoint and Word
Preferred Qualifications, Capabilities and Skills
Completion of a bank’s formal credit training program
Advanced degree (MA, MBA, CFA) preferred
Corporate finance and accounting coursework
About Us JPMorgan Chase, 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. 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission‑based pay and/or discretionary incentive compensation. We also offer a range of benefits and programs to meet employee needs, based on eligibility.
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. 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. We also make reasonable accommodations for applicants’ and employees’ religious practices and mental health or physical disability needs.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans.
Seniority Level Mid‑Senior level
Employment Type Full‑time
Job Function Finance and Sales
Referrals increase your chances of interviewing at JPMorgan Chase by 2x.
#J-18808-Ljbffr