Risk Management - Dealer Commercial Services Special Credits Lead Credit Officer- Vice President

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 Special Credits Officer for the Special Credits Group in Dealer Commercial Services, you will play a pivotal role in managing a portfolio of stressed and distressed credits and advising the credit team on deteriorating credits. In this role you will act with the purpose of improving the overall quality of the portfolio through negotiating satisfactory repayment / exposure management, obtaining additional collateral, and/or restructuring credit facilities. You will be expected to work independently and be a key resource concerning credit issues, bankruptcy and policy expertise. This position plays an integral role in the management of problem credits focusing on risk management and maximization of recovery on Dealer Commercial Services loans to automobile dealerships. This is an exciting opportunity for you to join a dynamic Special Credits team within Dealer Commercial Services and work alongside a team of talented colleagues.
The Dealer Commercial Services team specializes in floorplan lines of credits, real estate loans, acquisition loans, working capital loans, and treasury products to our 450+ franchised retail automobile dealer group relationships. We are searching for a Special Credits Lead Credit Officer. The Special Credits Lead Credit Officer is recognized for superior commercial lending knowledge and analytical abilities. You must possess and apply a broad understanding of the business environment including the auto industry, current events, and economi c cycles.
Job Responsibilities

• Manage a portfolio of problem credits and provide ongoing oversight of credit management activities across the team including guidance on policy issues, procedures and risk ratings
• Interface regularly with borrowers, financial advisors, and outside counsel in order to generate the best solution for repayment of credit exposure
• Formulate strategies and present recommendations to internal and senior management on distressed situations in either an advisory or managed capacity
• Demonstrate an expert understanding of the workout process, client engagement, negotiation strategies, and understanding of proper reporting to management according to bank policies and OCC requirements
• Ensure high-quality credit decisions through the completion of consistent, high-quality risk and analysis packages that adhere to regulations, policies, and procedure
• Prepare quarterly Credit Surveillance Reports, accounting and regulatory reporting on portfolio names. This includes valuations for reserving and charge-off analysis on problem loans and support of the firm's work in forecasting for non-performing loans, charge-offs, and recoveries.
• Collaborate, build, and maintain strong partnerships across the organization
• Demonstrate strong leadership skills by mentoring, coaching, providing ongoing training support, and supporting the development of the Special Credits team
• Demonstrate the ability to prioritize multiple tasks to meet deadlines and oversee Credit Officer resources, ensure timely submission of credit packages

Required qualifications, capabilities, and skills

• Bachelor's degree in finance, accounting or related field.
• At least 6 years commercial banking / lending experience including extensive credit experience.
• Commercial banking / automotive captive experience, with thorough knowledge of accounting and financial statement analysis.
• Superior analytical skills supported by excellent written and verbal communication skills.
• Thorough knowledge of the Bank's policies and procedures, as well as its products and their inherent risks.
• Ability to work well under pressure in a demanding environment.
• Recognized leadership capabilities and executive presence.
• Demonstrated judgment and ability to act decisively.

Preferred qualifications, capabilities, and skills

• Prior experience in a Special Credits / Work out / Problem Credit role

About Us
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 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.
Equal Opportunity Employer/Disability/Veterans
About the Team
Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We're proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions - all while ranking first in customer satisfaction.
When it comes to buying a vehicle or refinancing an existing car loan, many customers turn to Chase to help. Our auto lending services are constantly evolving and incorporating the latest technology to help match car buyers with dealers, provide competitive financing options and ease loan management.