Risk Management- Special Credits- Executive Director

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 a Commercial Bank – Special Credits Officer (SCO) within Risk Management and Compliance, you will focus on risk-management and maximizing the recovery on JPMC’s problem middle market loan portfolio.  In addition to the management of loans, you will play a key role in advising on lower rated credits, making recommendations to maximize recovery on loans and helping to mitigate risk by working with bankers and risk officers.

Job Responsibilities

• Manage and advise on a portfolio of lower rated commercial loans.
• Analyze situations and make recommendation to management on appropriate strategies.
• Work closely with line and risk officers to implement the best outcome for the firm.
• Recommend Asset Specific Reserves (ASR) and Charge Offs on non-performing loans.

Required  qualifications, capabilities and skills

• Bachelor’s degree.
• Minimum 10 years of professional experience related to risk management and the handling of commercial loans. 
• Strong, clear, and concise verbal and written communication skills.
• High degree of initiative, self-direction and ability to work well under pressure in a demanding environment.
• Ability to work with attorneys and outside turnaround consultants as part of the workout process.

Preferred qualifications, capabilities and skills 

• Prior experience in negotiating complex transactions. 
• Prior experience in dealing with bank groups and other credit providers.

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