Risk Management - Wealth Management Credit Risk Executive Director

As a Portfolio Credit Officer - Executive Director within the JPMorgan Wealth Management (JPMWM) Credit Risk team, you will play a significant role in managing risk and supporting the JPMorgan Wealth Management credit portfolio. You will help us grow our business responsibly by anticipating new and emerging risks and using expert judgment to solve real-world challenges. You will manage credit exposure, focusing on credit risk management for clients covered by the JPMorgan Advisors business. You will be accountable for managing credit risks arising from counterparties, trading, investments, industries, geographies, and clients. You will partner effectively with clients, business partners, and risk colleagues to mitigate risk while structuring and approving credit transactions.

Job responsibilities:

• Manage credit risk management on the Credit Risk portfolio focused on JPMorgan Advisors, ensuring portfolio risks are within acceptable quality and loss tolerances.
• Develop the JPMWM Risk Appetite for wholesale loans, mortgages, and trading exposures.
• Manage various types of Custom Credit facilities, including Custom Lending and Securities-Based exposures.
• Collaborate with team members across LOBs and businesses for project management.
• Identify and monitor concentrations, trends, and themes in the portfolio, directing Portfolio Reviews and managing Risk exceptions.
• Partner with the Business to build a culture of Risk discipline and promote an integrated approach to credit decisions.
• Maintain satisfactory Audits across the credit portfolio.
• Prepare Portfolio Review presentations.
• Challenge the status quo and strive for efficient credit risk management and business flow.
• Manage and develop junior Credit Officers and Analysts.
• Drive efficiency with existing technical infrastructure through automation and embrace innovative technologies.

Required qualifications, capabilities, and skills:

• Master's or Bachelor's degree in Finance, Accounting, or related area.
• Minimum of 10 years in a similar banking or credit role, with experience in structuring complex credit transactions.
• Proven skills in loan structuring, complex finance structures, negotiating, credit analysis, and portfolio management.
• Strong decision-making capabilities and ability to propose solutions and build strong partnerships.
• Strong written and verbal communication skills, with the ability to prepare executive-level communications.
• Advanced knowledge of the high net worth industry and capital and financial markets.
• Strong sense of accountability and ability to operate independently and foster an inclusive environment.

Preferred qualifications, capabilities, and skills:

• Experience with innovative technologies in credit risk management.
• Ability to lead and inspire teams in a dynamic environment.
• Familiarity with regulatory requirements and compliance standards.
• Experience in managing large-scale credit portfolios.
• Strong analytical skills and attention to detail.
• Ability to adapt to changing market conditions and business needs.
• Experience in cross-functional collaboration and stakeholder management.

ABOUT US

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

ABOUT THE TEAM

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.