Awm risk generic global jpmc - Mumbai, India - JPMorgan Chase Bank, N.A.

JPMorgan Chase Bank, N.A.

Verified Company

Mumbai, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

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.

The Wealth Management (WM) US Credit Risk team is seeking a Lead Credit Officer - Vice President to manage credit exposure for WM clients, with a primary focus on credit risk management within the US Financial Sponsors/FIG/HF Principals specialty portfolio.

Position is within the JPMorgan Private Bank, a global wealth management leader that delivers the highest quality advice, service, capabilities and products to wealthy individuals and families in 36 countries around the world.

The Private Bank delivers highly customized and tailored solutions to help clients with the challenges of substantial wealth, utilizing the Private Bank's discretionary investment management, brokerage, tax and estate planning, credit, capital raising and specialty wealth advisory services while leveraging the commercial and investment banking capabilities of the firm.

Risk & Control:

Responsibility for credit risk management on the US Credit portfolio focused on Financial Sponsors/FIG/HF Principals, with primary ownership of managing portfolio risks within acceptable risk appetite and loss tolerances.
Approve credit risk exposure relating to the client base within authorized limits.
Assignment of risk ratings, LGDs, and other risk metrics across the portfolio.
Understand WM Credit Risk appetite on wholesale loans, mortgages, OTC products and others.
Identify and monitor concentrations, trends and themes in the portfolio, and direct the preparation of Portfolio Reviews.
Ensure that Risk exceptions in the portfolio are appropriately managed and escalated as required. Engage with Credit Middle Office as needed.
Partner with the Business to build a culture of Risk discipline across the organization.
Work closely with the Underwriting team and build an integrated approach to make credit decisions that incorporates underwriter input.
Maintain satisfactory Audits across the credit portfolio.
Engage with Wholesale Credit as appropriate.
Actively participate in diversity efforts within WM Risk.

Business Partnership:

Ongoing approval of new transactions / portfolio reviews / risk discussions.
Work with / provide credible challenge to Lending Solutions & Mortgage Advisory on new products, new initiatives.
Work with the Credit Middle Office to continuously upgrade and improve Risk Reporting MIS for portfolio management and business control metrics.

Innovation:

Challenge the status quo. Continuously strive to find better, more efficient ways to manage credit risk and business flow, including underwriting.
Use technology to strengthen Risk Management practices and products.
Find gaps in Risk Policies / Underwriting guidelines and work with Risk Policy team.

Minimum Skills, Experience and Qualifications

Bachelor's degree
7+ years of professional experience related to financial services, risk management, compliance or legal
Strong decision making capabilities and the ability to identify problems and propose solutions
Ability to operate independently with confidence to interact credibly with senior business stakeholders and build strong partnerships
A team player who collaborates effectively on tasks and issues, and is able to influence others
A thought leader who is able to innovate around challenges and bring idea generation to the team
Outstanding attention to detail and ability to learn complex processes that affect various functions and business units within Credit Risk Management
Highly organized, motivated and hard working with exceptional communication skills, both written and verbal with ability to give and prepare senior level communications and meet tight deadlines
Strong Microsoft PowerPoint and Excel skills

JPMorgan Chase & Co., 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 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