About this opportunity
Testing Site - JPMC lists this Risk Management - Insurance - Credit Risk Vice President opportunity in new york city, New York. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Bring 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 Vice President on the Insurance team, you will leverage your analytical abilities and industry knowledge to make and support credit decisions for a diverse portfolio of clients. You will manage exposure to a variety of insurance companies and related financial institutions, demonstrate sound credit judgement, and build strong relationships across the firm.
Job Responsibilities
Manage exposure to a client base consisting of North American Life, Property & Casualty, Reinsurance, Brokers and other related financial institutions
Lead the due diligence and risk grading of your portfolio; evaluate and action credit requests, risk grading, and on-going monitoring and management of a diverse portfolio of risk including traditional credit products, markets products (derivatives, trading, and financing), intraday liquidity facilities, and other credit exposures
Demonstrate sound credit judgement and effective risk monitoring through collaboration across multiple lines of business and credit teams
Manage the daily risk demands of a portfolio of clients, evaluating and executing on a variety of transactions for insurance companies and similar financial institutions
Oversee transaction execution, including client analysis, preparation of credit approval materials, lead discussions with bankers, legal documentation negotiation, setup of credit facilities and ongoing monitoring of clients post transaction approval
Build strong relationships and maintain open communication channels with colleagues across the firm, including bankers, operations, legal, and finance
Monitor clients and update key stakeholders on important developments with regard to clients or industry and potential impact on credit ratings
Stay informed about the evolving economic, legislative, and regulatory environment that impacts the insurance sector
Provide leadership and input into key projects and contribute to process and efficiency improvement initiatives
Manage, train and mentor the team’s junior credit officers, fostering their development and growth
Required Qualifications, Capabilities and Skills
Bachelor's Degree required
7+ years of credit risk experience within a bank or other financial services entity
Highly proficient in insurance company credit analysis
Knowledge of GAAP and statutory accounting: ability to analyze financial statements
Deep understanding of financial products, corporate finance and market dynamics
Experience negotiating loan and trading documentation
Outstanding verbal and written communication skills; strong client interaction abilities
Proven ability to perform well under pressure in a demanding environment
Highly proficient in Excel, PowerPoint and Word
Preferred Qualifications, Capabilities and Skills
Completion of a bank’s formal credit training program
Advanced degree (MA, MBA, CFA) preferred
Corporate finance and accounting coursework
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Worksite address
new york city, NY, 10261, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.