USPB Securities Based Lending Team Lead

Job Description

You have a minimum of 5 years of private banking/asset management, and mastery level credit/lending experience with a bachelors degree. This is the team for you.

 

As a USPB Securities Based Lending Team Lead within the Securities Based Lending (SBL) team at JPMorganChase, you will lead a team of 8 - 10 Lenders and Analysts dedicated to the seamless delivery of Securities Based Lending products to Wealth Management. You will provide the highest level of service to our internal partners and ultimately the Client while adhering to credit quality standards and ensure that the loan portfolio meets or exceeds approved credit quality targets.

 

You will need to be an excellent communicator, detail-oriented, possess strong analytic skills and have strong problem solving capabilities. You also must have a strong commitment to customer service and teamwork to contribute to high-performing teams through development of self and others.

 

SBL is a center of excellence designed to handle a high volume of lower risk credit transactions including Advised Lines of Credit secured by high quality marketable securities with standard loan documentation. SBL ensures a short turnaround for underwriting, credit approval and sending out final loan documentation.  

 

Job Responsibilities

• Lead a team of 8 - 10 Lenders and Analysts dedicated to the seamless delivery of the Securities Based Lending products to Wealth Management
• Provide the highest level of service to our internal partners and ultimately the Client while adhering to credit quality standards and ensure that the loan portfolio meets or exceeds approved credit quality targets
• Maintain a consistently high level of awareness around any potential credit issues and to resolve exceptions as soon as possible. These exceptions include effectively managing under margin situations, past review facilities, past due principal/interest and documentation exceptions
• Review of credit presentations which should completely outline the proposed credit structure including accurate risk rating assessment and any potential collateral issues (ex. concentrations)
• Ensure all new credit requests and annual reviews are completed according to Reg. B guidelines
• Partner with Global and Domestic SBL leadership to provide appropriate oversight of credit and operational risk

 

Required qualifications, capabilities, and skills

• Bachelor degree or appropriate experience required 
• Minimum of 5 years of private banking/asset management, and mastery level credit/lending experience
• Strong communication and interpersonal skills. Accountable for team delivery of excellent customer service
• Expert organizational skills and ability to work with minimal supervision in a high production and fast-paced environment with the proven ability to effectively communicate with senior managers and sales personnel
• Ability to effectively document and implement new and updated processes with strong understanding of financial markets and securities industry 
• Knowledge of JPMC software applications and a broad knowledge of bank products and services. 
• Exercise stringent judgment to ensure business is conducted in compliance with all applicable government regulations, corporate policies and operations risk management
• Ability to motivate and lead an integrated credit team with a range of personality types 
• Possess strong skills in Excel, Word, Visio, Outlook and PowerPoint

 

Preferred qualifications, capabilities, and skills

• Previous management experience
• Experience using the Wholesale JPMorgan Credit Risk Infrastructure tools and applications (iCRD)

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 Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.​