Location: Columbus, OH
Company: Jpmorgan Chase Bank, N.A.
Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. The Business Banking Risk Underwriting group at JPMorgan Chase partners with the Sales organization to provide lending products and services.
As an Underwriting Manager for Business Banking, your primary responsibilities are managing a team of Divisional Credit Officers who: approve new credit, renew existing credit lines, complete annual reviews of larger credit exposures and maintain relationships with key functional partners (Sales, Operations, Legal, Compliance and Risk). The incumbent will appropriately backss the risk in the portfolio, ensuring that the team
decisions new credit transactions according to requirements and diligently manages the existing credit portfolio (i. e. renewals, modifications, managing the credit metrics), meeting customer expectations and established goals (turn time, quality and growth).
Credit decisions for the targeted team are generally made using a Wholesale credit approach, where applicants have a variety of business structures and deal complexity. The incumbent will also have direct accountability for Credit Officer quality and regulatory compliance (Reg. B, Reg. O, Reg. W, etc. ). As part of the management team, the incumbent will be expected to identify opportunities to improve controls and efficiencies as
well as lead change through identified projects. Job responsibilities Lead a team of credit professionals to efficiently decision credits of varying complexity while maintaining high quality standards and adhering to credit policies, guidelines, and procedures.
Implement the firm's risk appetite across the various industries we serve and in all geographic locations covered. Ensure appropriate Risk Grading and Loss Given Default assignments to all credits. Using analytics and reporting to manage resourcing and workload and other portfolio management related activities so that all benchmarks and expectations are met. Ensuring that appropriate credit analysis, due diligence, and review of documents for credit decisions regarding new money and portfolio activities.
Assume ownership of the portfolio quality and act with a sense of urgency. Utilize excellent credit skills to ensure well thought out and concise analysis of relationships using appropriate structure and identifying key risks. Demonstrating excellent communication skills both internally and externally and using those communication skills to effectively solve problems. Partnering with other functions to put in place and consistently improve processes to drive efficiency and consistency, while maintaining credit quality of portfolio.
Required qualifications, capabilities, and skills Demonstrated ability to lead people and manage time sensitive, complex initiatives. 10+ years of Underwriting experience required; in a banking or financial services environment preferred. Strong understanding of Credit and Treasury Products as well as their inherent risks and available mitigants. Excellent risk backssment skills, including risk identification and measurement, mitigation strategy development, regulatory management, policy, and procedure development. Excellent interpersonal and communication skills with a proven ability to provide oversight, negotiate, and directly influence change.
Proven ability to work in a matrixed environment. Strong project management and process skills Bachelor's degree or higher Preferred qualifications, capabilities, and skills Formal Credit Training from a well-recognized Financial Institution Chase is a leading financial services firm, helping nearly half of America's households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do.
We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs. 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 origin, gender, interactionual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law.
In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs. We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility.
These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
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Management and Executive Jobs refer to positions at the higher levels of organizational hierarchy that involve overseeing operations, strategic planning, and decision-making. These roles typically include titles such as CEO, CFO, COO, department managers, and directors. Key characteristics of these jobs include leadership responsibilities, the ability to direct teams, craft strategic initiatives, and a focus on achieving company objectives through effective resource management. They generally require a combination of advanced education, extensive experience, and skills in communication, problem-solving, and critical thinking.
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