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Job description
Global Commodities Credit Risk - Vice PresidentBring your expertise to JPMorgan Chase. 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.As a Global Commodities Credit Risk - Vice President within the Commercial & Investment Bank, you specialize in product-specific credit risks and help protect the firm across a dynamic global portfolio. You assess the risk of structured commodities products and transactions, negotiate related documentation, and partner with credit officers across all lines of business and industries to provide input on product structure, documentation, limit management, and market convention. You contribute to new business initiatives, lead periodic portfolio risk reviews, and analyze commodity market and credit risk data at both the client and portfolio level to deliver actionable insights that support senior management decision-making. You also help develop junior talent to strengthen the performance of the broader team.Job ResponsibilitiesLeads credit risk due diligence on new commodity transactions and counterparties, with particular focus on structured or physical commodities transactions, and performs industry, business, and financial analysis to assess creditworthiness and recommend appropriate credit exposure and structureApplies strong analytical, modeling, and problem-solving skills to understand risks and exposuresNegotiates credit terms in master trading agreements and structured transactions, including lien-based structures and other commodity financing structuresAssists other credit officers with credit due diligence, structuring, and document negotiation by sharing product risk expertiseSupports the Global Commodities Group on ad hoc projects related to new business initiatives, change management, policy, procedure, product control, regulatory relations, and business managementPrepares and presents periodic commodities risk reviews to senior management, detailing exposure metrics across the global commodities portfolio and analyzing key trends, drivers, and concentrationsPerforms ongoing customer due diligence and financial analysis for a portfolio of commodity-only counterparties, including preparation of credit approval memos and customer reviews, management of exposure excesses, and maintenance of accurate, current credit ratingsIdentifies deteriorating credits early and proactively manages problem situationsProvides oversight and guidance on the work of junior team members to ensure the quality of various credit processesMaintains active working relationships with structuring, sales, trading, and origination teams and supports their continuing education on credit risk management, systems, and proceduresPartners with bank examiners and internal credit reviewers to validate credit quality and the integrity of the credit processRequired Qualifications, Capabilities, and SkillsBachelor's degree6+ years of professional work experience in credit/ counterparty risks, commodities, and/or derivative productsStrong credit analysis and financial modeling skillsExperience working with and negotiating master trading agreements typical of the energy trading industry, including the International Swaps & Derivative Association (ISDA), North American Energy Standards Board (NAESB), and European Federation of Energy Traders (EFET), now Energy Trader Europe, agreementsExceptional analytical aptitude and ability to think abstractly and project various "what-if" scenariosStrong data analysis and presentation skillsStrong organizational skills, attention to detail, and an excellent work ethicAbility to perform well under pressure in a demanding environment while managing multiple tasks simultaneouslyAbility to work independently and collaboratively within a team environmentProficiency in Microsoft Office Suite, especially Excel, PowerPoint, and WordPreferred Qualifications, Capabilities, and SkillsUnderstanding of or experience in covering a variety of energy and commodity trading companiesExperience in data analysis and visualization using programming languages such as PythonCompletion of a commercial/investment bank credit training program or equivalent experience, with a thorough understanding of bank credit policies and proceduresUnderstanding of front office processes and the ability to balance credit risk management with commercial requirements
Worksite address
houston, TX, 77002, US
Who can apply
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