What are the responsibilities and job description for the Credit Review - Executive Director position at JPMorganChase?
Job Description
Join JPMorgan Chase as a Wholesale Credit Review Officer and play a pivotal role in safeguarding the firm's financial integrity by ensuring the accuracy and compliance of risk ratings across global credit portfolios. As a key player in the credit management process, you'll leverage your expertise in credit analysis to independently assess risk, monitor industry trends, and collaborate with internal and external stakeholders to uphold the highest standards of credit quality and regulatory compliance.
As a Credit Review Officer within the Credit Review Team, you will be responsible for planning and conducting periodic reviews of wholesale credit portfolios. You will examine a representative sample of portfolio clients in detail, reviewing internal credit approval memoranda, public financial disclosures, press releases, external rating agency opinions, and other relevant materials. Based on your analysis, you will develop independent assessments of the appropriate risk ratings for the reviewed clients and document your findings in a workpaper database. Your written analyses must be concise yet thorough, as they may be subject to review by external bank examiners. Between formal reviews, you will independently monitor credit trends in your assigned industry or geography-based wholesale portfolios, recording observations in monitoring journals. You will attend relevant Credit Risk-led portfolio review and problem credit review meetings, managing Credit Review’s ongoing relationship with internal stakeholders responsible for credit approval, client credit management, and credit policy. Additionally, you will periodically interact with external bank examiners. A comprehensive understanding of credit analysis principles is essential, along with familiarity with risk characteristics and exposure metrics for various credit products, including traditional loan products, derivatives, and other trading instruments.
Job Responsibilities
JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, 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.
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, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About The Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.
The Audit department provides independent assessments to evaluate, test and report on the adequacy and effectiveness of our governance, risk management and internal controls. The team’s priorities are focused on strong governance, transparency, strategic engagement, and fostering a diverse and inclusive culture that develops our talent.
Join JPMorgan Chase as a Wholesale Credit Review Officer and play a pivotal role in safeguarding the firm's financial integrity by ensuring the accuracy and compliance of risk ratings across global credit portfolios. As a key player in the credit management process, you'll leverage your expertise in credit analysis to independently assess risk, monitor industry trends, and collaborate with internal and external stakeholders to uphold the highest standards of credit quality and regulatory compliance.
As a Credit Review Officer within the Credit Review Team, you will be responsible for planning and conducting periodic reviews of wholesale credit portfolios. You will examine a representative sample of portfolio clients in detail, reviewing internal credit approval memoranda, public financial disclosures, press releases, external rating agency opinions, and other relevant materials. Based on your analysis, you will develop independent assessments of the appropriate risk ratings for the reviewed clients and document your findings in a workpaper database. Your written analyses must be concise yet thorough, as they may be subject to review by external bank examiners. Between formal reviews, you will independently monitor credit trends in your assigned industry or geography-based wholesale portfolios, recording observations in monitoring journals. You will attend relevant Credit Risk-led portfolio review and problem credit review meetings, managing Credit Review’s ongoing relationship with internal stakeholders responsible for credit approval, client credit management, and credit policy. Additionally, you will periodically interact with external bank examiners. A comprehensive understanding of credit analysis principles is essential, along with familiarity with risk characteristics and exposure metrics for various credit products, including traditional loan products, derivatives, and other trading instruments.
Job Responsibilities
- Lead a team of Credit Review officers in reviews of wholesale credit portfolios. This includes chairing all meetings associated with planning, initial kick-off, reviewing and presenting findings, and formal closing. It also includes coordinating the assembly of review files, ongoing communications with Credit Risk, reviewing workpapers written by review teams, drafting final review reports, and supervising the archiving of all relevant documents.
- Participate in reviews led by other team members. This includes reviewing assigned client files, recording analyses and conclusions in the workpaper database, and participating actively in all review meetings.
- Monitor assigned industry-based or geography-based portfolios. This includes maintaining regular contact with responsible credit executives and participating in periodic portfolio review meetings. All observations are recorded in portfolio-specific monitoring journals.
- Lead discussion of assigned portfolios during quarterly Risk Assessment meetings to appropriately position and rank portfolios based on risk parameters that will inform portfolio review cycle.
- Serve as an information resource on risk rating policy and risk analysis for credit officers, who may call to seek advice. Also field calls from bank examiners on assigned portfolios, credits recently reviewed, policy matters and credit apparatus questions.
- Extensive credit experience analyzing industrial corporations and/or financial institutions in one or more of the following roles: credit/loan review, corporate lending, counterparty risk management, credit approval, workout, risk rating analysis or regulatory supervision (OCC, Fed, etc.).
- Proficient in Microsoft Office applications.
- Demonstrated strong analytical and report writing skills
- Understanding of Large Language Models and working with large data sets
- Bachelors degree or equivalent desirable
- Persuasive verbal communications with peers, senior and junior stakeholders and external examiners
- Planning, project leadership, and teamwork skills
JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, 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.
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, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About The Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.
The Audit department provides independent assessments to evaluate, test and report on the adequacy and effectiveness of our governance, risk management and internal controls. The team’s priorities are focused on strong governance, transparency, strategic engagement, and fostering a diverse and inclusive culture that develops our talent.
