JPMorgan Risk Management – Asset Wealth 

United States, Ohio, Columbus 

601593139

Job summary

As a Special Credits Executive – Managing Director within Asset and Wealth Management Credit Risk team, you will play a significant role in managing risk and supporting the global lending practice. As the AWM Global Head of Special Credits, you will lead a team of Special Credits Executives in managing problem credit portfolios across various markets, including the United States, EMEA, Asia, and Latin America.

Job responsibilities

• Lead and mentor a team of experienced special credit officers, overseeing their management of problem credit portfolios.
• Approve credit risk ratings and resolution strategies for high-risk credit exposures.
• Navigate complex problem loan restructurings, bankruptcies, and enforcement proceedings.
• Develop a thorough understanding of the firm’s risk management and control policies and guidelines to ensure compliance and support effective decision-making.
• Collaborate closely with internal and external legal counsel to maximize recovery on distressed assets and mitigate potential liability.
• Conduct quarterly credit surveillance meetings and challenge strategies, risk ratings and reserve recommendations.
• Approve asset-specific reserve recommendations and ensure compliance with relevant accounting policies.
• Collaborate with senior credit risk leadership in establishing quarterly qualitative reserves.
• Mentor junior credit officers and analysts through lessons-learned sessions.
• Oversee and facilitate ad hoc risk-related projects and workflows.
• Communicate proactively on newly identified problem credit exposures and escalate potential credit cost items to the respective markets.

Required qualifications, capabilities and skills

• Master’s or Bachelor’s degree required.
• 10+ years in a similar banking or credit approval role with a track record of exceeding performance expectations.
• Highly organized, motivated and hard working with exceptional communication skills, both written and verbal
• Outstanding professional reputation and integrity.
• Strong leadership skills with experience in training and managing a team.
• Expertise in loan structuring, complex finance structures, negotiating, credit analysis and portfolio management, with experience synthesizing information, developing recommendations, making decisions and problem-solving.
• Deep understanding of creditor rights and enforcement strategies.
• Considerable experience working with attorneys on enforcement and bankruptcy litigation.
• Knowledge of lien perfection and priority, including but not limited to real property, accounts, aircraft, boats, automobiles, life insurance, and cash and marketable securities.