Portfolio Manager - Asset Based Lending Credit Risk - Executive Directornew
JPMorgan Chase (JPMC) · Other
- All Asset Based Lending jobs
- Portfolio Management
- Asset Management
- NY, United States
- Grade Director
- Professional · Full time
Bring your expertise to JPMorgan Chase and join a leading team of Asset Based Lending credit risk professionals. In Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient and your work will have a direct impact supporting responsible business growth while anticipating new and emerging risks. Further, using your expert judgement you work to solve real-world challenges that impact our company, customers and communities. Our culture is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As a Portfolio Manager in Asset Based Lending Credit Risk, you will be part of the firm’s risk governance framework and a critical member of the risk management team. The Asset Based Lending team primarily provides working capital revolving lines of credit and fixed asset loans to corporate clients. Portfolio Managers on the Commercial Bank’s Asset Based Lending team help drive the strategy and culture for a team of credit officers that manage a portfolio of accounts. The Portfolio Manager may also manage a smaller portfolio of accounts.
Job Responsibilities
- Lead and develop team of credit officers that manage portfolio with varying complexity of ABL clients, monitor financial performance trends and borrowing base trends
- Utilize data to drive strategy and portfolio risk management and leverage technology to enhance efficiency of risk management process
- Ensure financial analysis, collateral analysis, risk grading and related risk management functions are completed to the highest quality standards and in a timely manner
- Monitor portfolio for early warning signs and emerging risks and implement appropriate strategies to mitigate and escalate, accordingly
- Demonstrate ability to present and support risk and strategic recommendations to senior management
- Collaborate with business partners to enhance risk management process and seek ways to enhance operational efficiency and client administration
Required qualifications, capabilities, and skills
- Minimum of 8 years of experience in commercial banking, credit risk, portfolio management and underwriting with Asset Based Lending financing knowledge
- Experience coaching/mentoring other credit risk professionals
- Strong understanding of capital markets, financing structures, derivatives and cash management products as well as related documentation
- Excellent communication and presentation skills - both written and verbal
- Executive presence and ability to think critically and multitask in a dynamic and fast-paced environment
- Bachelor's degree
Preferred qualifications, capabilities, and skills
- MBA or advanced degree
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
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