Risk Management - Special Credits - Executive Director

Job Description

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.

As an Executive Director within the Special Credits Group, you will develop and implement risk mitigation and recovery strategies for a portfolio of stressed and distressed credit exposures across multiple regions and industries. You will partner closely with internal stakeholders and external parties to evaluate complex financial and legal situations, structure solutions, and manage outcomes. This role provides exposure to complex restructuring, litigation, and capital structure transactions.

 

Job Responsibilities

• Lead credit decision-making process in live stressed / distressed situations while in leadership role amongst lender group/Administrative Agent capacity 
• Work with deal teams on new originations for distressed borrowers and the restructuring of existing exposure
• Review complex legal, financial and jurisdictional issues with an objective of improving credit structures
• Coordinate across multiple internal constituencies including Industry and Product Coverage, Credit Risk, Capital Markets, Legal, Compliance and Secondary Loan trading
• Work with external constituents, including other lenders, company management, financial advisors, and outside counsel to implement optimal solutions for exposure positions
• Monitor performance of distressed portfolio; prepare updates for senior management and regulators
• Evaluate exposure management opportunities through loan sale; Prepare valuations on securities/ other instruments received from previous restructurings and formulate trading and disposal strategies
• Provide leadership on the wholesale regulatory, accounting and risk reporting agenda as well as other Special Credits-specific activities including crisis management and problem credit playbooks

 

Required qualifications, capabilities, and skills

• 8+ years of experience in role focused on corporate finance, credit and leveraged finance
• Experience in a workout / restructuring role 
• Strong verbal and written communication skills; Ability to lead lender groups and/or represent JPMorgan in negotiations with various stakeholders 
• Ability to make, defend, and communicate credit / structuring decisions, often based on limited information
• High degree of motivation with a strong sense of accountability and ownership of tasks; Ability to work well under pressure in a demanding environment with good time management
• Ability to be self-sufficient or work collaboratively as a team, as needed
• Strong attention to detail and project management skills
  

About Us

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 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, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

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 at our company. 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 beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.