JPMorgan Risk Management - Asset Wealth 

United States, Ohio 

368225255

Job Summary

As a Special Credits Director – Executive 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 an AWM Special Credits officer, you will manage a problem credit portfolio from various markets, including the United States, EMEA, Asia, and Latin America. You will also advise on specific pre-workout cases with a goal to prevent potential losses.

Job responsibilities

• Manage a portfolio of problem credits with goal of maximizing recovery and minimizing losses.
• Advise on loans maintained in the market with a goal of implementing preemptive strategies to mitigate risk while simultaneously preserving favorable client experience.
• Assess and measure credit risk by assigning 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.
• Prepare and present quarterly credit surveillance reports in a formal setting to senior credit and business leadership.
• Prepare asset-specific reserve analyses in compliance with the Firm’s relevant accounting policies.
• 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.
• 5+ 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 collaborating with business, legal, accounting and other credit risk partners.
• Expertise in loan structuring, complex finance structures, negotiation, 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.