Apply Now    

Commercial Bank Risk - Corporate Client Banking - Senior Underwriter VP

Req #: 180011517
Location: San Francisco, CA, US
Job Category: Accounting/Finance/Audit/Risk
Job Description:

 

JP Morgan Chase

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at http://www.jpmorganchase.com/.

 

Our Firmwide Risk Function

Our Firmwide Risk function is focused on cultivating a stronger, unified culture that embraces a sense of personal accountability for developing the highest corporate standards in governance and controls across the firm. Business priorities are built around the need to strengthen and guard the firm from the many risks we face, financial rigor, risk discipline, fostering a transparent culture and doing the right thing in every situation. We are equally focused on nurturing talent, respecting the diverse experiences that our team of Risk professionals bring and embracing an inclusive environment.

 

Job Description

 

The position is Senior Underwriter, VP within Corporate Client Banking Group, which focuses on West (Los Angeles and San Francisco) general industrial companies.   These companies are active users of traditional corporate banking services and investment banking products.  The work environment is dynamic and fast-paced, a reflection of the industry and clients the team supports.

 

The Senior Underwriter is the primary credit risk manager for a portfolio of corporate banking clients and transactions.  In this capacity, the Senior Underwriter works in partnership with coverage banking officers, syndications, and other partners to risk grade borrowers, analyze and approve credit requests, structure credit facilities, and negotiate credit agreements and other loan documentation.  The Senior Underwriter is also responsible for on-going monitoring and risk management of an assigned portfolio of credit clients.  

 

To be successful, this individual needs a broad and deep understanding of the business, financial, competitive, and industry risks faced by clients in the assigned portfolio; expertise in structuring commercial loan transactions and managing all types of credit risk; and a comprehensive knowledge of corporate finance principles.

 

Travel will be required from time to time.

 

Responsibilities

 

1.       Risk Assessment

·         Identify the key risk factors associated with clients, transactions, and industry sub-sectors across an assigned portfolio

·         Develop and articulate a dynamic, forward-looking risk assessment of client companies, transactions, competitive threats, and industry and other factors

·         Lead and/or participate in client due diligence and transaction negotiations

·         Attend client, bank, and other meetings to develop a thorough understanding of client companies, management teams, and industry sectors

·         Use financial models to develop a forward-looking credit risk assessment based on key value drivers and sensitized assumptions

·         Recommend and approve appropriate credit structures relative to risk assessment and policy considerations

 

2.       Credit Approval Process

·         Apply corporate finance and accounting expertise to develop appropriate financing structures

·         Prepare credit approval materials, ensure all credit risk policies are followed, and present and recommend credits for approval at the appropriate level

·         Analyze and negotiate financing terms and conditions as part of a deal team

·         Review and negotiate legal documentation and coordinate with counsel to ensure terms are appropriate and consistent with credit approval

 

3.       Portfolio Management

·         Provide a well-researched and thoughtful risk assessment of each assigned client on an ongoing basis

·         Ensure risk ratings are accurate and reflect a current forward-looking view of the client

·         Provide early identification and proactive management of deteriorating credits and other problem situations

·         Analyze, prepare, and present for approval all required waivers, amendments, and extensions

·         Prepare and present semi-annual portfolio review material to senior management

·         Work with bank examiners and internal credit reviewers to validate credit quality and integrity of the credit process, and comply with regulatory and policy requirements

·         Work closely with Credit Support Specialists to ensure accuracy of credit system data

·         Assist Credit Risk Executive in training and developing junior underwriters

   

Qualifications

  • Superior credit, corporate finance, negotiation, loan documentation, and financial modeling skills
  • Strong interpersonal and communication skills
  • Independently productive; able to operate at a highly effective level with minimal day-to-day managerial direction
  • Completion of a major corporate or investment bank credit training program, or equivalent experience, and a thorough understanding of bank credit policies and procedures
  • Minimum of 7 years of corporate or investment banking lending experience including extensive credit, structuring, and marketing.
  • BA/BS degree is required, MBA and/or CFA is preferred

 

The final officer title and job grade is at the discretion of the firm and will be discussed at the time of offer.  It may be different than what is listed on the requisition based on candidate experience level. 

 

 

 

Apply Now    
Link for schema

Join our Talent Community

Not ready to apply? Leave your information with us and we will keep you up to date with new career opportunities.

Other Information

Apply Using LinkedIn

You can also apply using your LinkedIn® profile. It may save you some time because your information will be automatically transferred into our system. Just click on the LinkedIn logo when you get to the application screen and follow the directions.

Submit an Updated Résumé

During the application process, be sure you have an up-to-date copy of your Résumé, your cover letter and any other documentation you would like to submit.