Credit Sr Officer

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.

Credit Sr. Officer - The purpose of this position is to facilitate management of business loan portfolio and protect the bank from loss while maintaining acceptable asset quality. The officer evaluates credit applications for recommendation.

• Independently analyze and evaluate the risk in loans managed in SCG by reviewing existing collateral and loan documentation to identify errors, omissions, or other deficiencies, and remediate as needed and to the extent possible.
• Identify additional information requirements needed to properly assess risks, including current financial information and collateral valuation(s).
• Understand and assess the customer's business model and its long-term viability.
• Review and analyze the financial strength and soundness of the customer to identify key risks to the continued creditworthiness of the business.
• Consider alternative credit structures to mitigate risk where appropriate.
• Recommend actions to be taken on credit, identify key risks, and information requirements.
• Ensure that credit facilities presented are properly graded.
• Determine stay/leave strategy for individual clients and develop/implement a plan of action to protect and improve the bank's position in the credit.
• Meet assigned timelines and ensure documentation requirements are met per business and audit requirements.
• Work independently with limited supervision; serve as a resource for less experienced Credit Officers.
• Develop and maintain strong working relationships with stakeholders.
• Lead or independently handle business-critical projects.
• Improve operational efficiency and effectiveness by identifying inefficiencies and taking action to resolve them.
• Manage end-to-end loan lifecycle, including credit preparation, credit analysis, post-approval items, and booking of loans.
• Develop critical thinking, gain new insights, and think outside the box to improve delivery of services to stakeholders.
• Assume ownership of allocated work.
• Coordinate projects and process improvements.

Required Experience and Qualifications

If you believe you have the skills, knowledge, and are excited about this role, you are encouraged to apply.

• 10+ years as a credit underwriter or in a similar position requiring business knowledge and credit judgment; experience in commercial collections and problem credit management.
• Postgraduate or advanced degree in business management, finance, or accounting.
• Strong working knowledge of financial statement analysis, standard accounting practices, accounts receivable/borrowing base analysis, and collateral perfection.
• Expert understanding of commercial real estate and accounts receivable/inventory lending.
• Strong functional and technical skills, including negotiation and influencing, written and verbal communication, decision quality, conflict management, interpersonal, and analytic/problem-solving abilities.
• Expert knowledge of credit philosophy, policies and procedures, loan documentation, SBA, collections litigation, federal bankruptcy laws, and state collection laws.
• Thorough knowledge of risk guidelines and policies, loan documentation, bankruptcy, and related legal issues.
• Ability to formulate and articulate objective views based on professional analysis.
• Works effectively in a team environment while assuming individual responsibility and helping develop junior analysts.
• Good organizational skills and ability to work within time constraints in a highly regulated industry.