Develop your career within wealth management team, where we offer a collaborative environment that values diverse experiences and encourages innovative thinking to solve real-world challenges.
As a Risk - Lead Credit Officer - Vice President within the Wealth Management Risk Management credit risk team, you will play a pivotal role in managing credit risks arising from various sources, including counterparties, trading, investments, industries, geographies, and clients. You will partner with clients, business partners, and risk leaders to structure and approve credit transactions, ensuring alignment with our credit quality and risk appetite. Your collaboration with senior risk leaders and other control functions will help mitigate potential impacts on other risk types, such as Market, Liquidity, Operating, and Reputational risks.
Job Responsibilities:
- Approve new and existing credit risk exposures for the Global Private Bank client base within authorized limits.
- Ensure credit exposure is structured, documented, and approved in accordance with JPMorgan Credit Policy.
- Monitor Exception Reports, collaborate with teams to resolve issues, and escalate potential problems promptly.
- Work closely with senior management, other risk functions, and Lines of Business to ensure holistic risk appetite and governance.
- Identify and monitor concentrations, trends, and themes in the portfolio.
- Lead periodic Portfolio and Product Guideline reviews.
- Drive key projects and strategic initiatives to enhance processes and improve risk management.
Required Qualifications, Capabilities, and Skills:
- Minimum of 10 years in Banking, with experience in structuring complex credit transactions or related experience.
- Proven ability to analyze credit structures, make informed decisions, and mitigate credit risks.
- Excellent leadership, management, and business partnership skills.
- Exceptional communication, negotiation, influencing, and coaching skills, both spoken and written.
- Ability to work effectively and respectfully with others to foster an inclusive environment.
- High level of analytical skills, including financial analysis.
- Attention to detail and ability to drive results across a global organization.
Preferred Qualifications, Capabilities, and Skills:
- Undergraduate degree preferred.
- Experience and familiarity with approving credit transactions preferred.
- Experience with industry-recognized risk certifications such as CISM, CRISC, CISSP, CISA, CCEP, CRCM, CRCMP, GRCP.
- Background in auditing and understanding of internal controls.
- Proficiency in MS Office Suite - Microsoft Word, Excel, Access, and PowerPoint.
- Knowledge of data analytical tools such as Tableau, Alteryx, or Python is a plus.