Jobs for People with MS: National MS Society

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JPMorgan Chase Risk Management - Special Credits Officer, Vice President in Plano, Texas

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, you will play a pivotal role in managing a portfolio of stressed and distressed credits. In Special Credits Group, you will focus on risk-managing and maximizing the recovery of JP Morgan's credit exposure through early intervention in and financial restructuring of stressed/distressed borrowers. This is an exciting opportunity for you to join a dynamic, diverse team within Special Credits Group organization. We are actively looking for exceptionally talented individuals who are collaborative, confident and motivated to provide a first-class experience. You will be working alongside a team of talented colleagues from other functions and businesses to provide you with the opportunity to take your career to the next level.

Job responsibilities

  • Assisting internal transaction teams on new originations and restructurings with material complex legal, financial, reputational, and jurisdictional issues and coordinate with payments and operations partners to mitigate potential payments or settlement risk

  • Collaborating with internal deal teams including Corporate/Financial Institutions Group/Emerging Markets Credit Risk Management, Coverage, Global Corporate Bank, Leveraged Finance, Payments, Legal, Compliance and Secondary Loan trading; reviewing complex legal, financial and jurisdictional issues with an objective of improving credit structures on transactions

  • Working with lenders, company management, financial advisors, and outside counsel on generating optimal solutions for the repayment of credit exposure and preserving important client relationships

  • Assisting in the credit decision-making process in live stressed/distressed situations on an advisory/managed basis

  • Preparing quarterly Credit Surveillance, accounting and regulatory reporting on portfolio names

  • Developing exposure management and evaluating loan sale opportunities, preparing valuations on securities/ other instruments received from previous restructurings and formulating trading and disposal strategies

  • Other responsibilities will include providing leadership on the wholesale regulatory, accounting and risk reporting agenda as well as other SCG-specific activities including crisis management and problem credit playbooks

Required qualifications, capabilities, and skills

  • At least 6 years of Credit Risk management and/or Leveraged Finance experience

  • Relevant restructuring or leveraged finance structuring experience across multiple jurisdictions, as well as previous exposure to managing large lending syndicates or executing complex leveraged transactions

  • Outstanding verbal and written communication skills

  • Able to work well under pressure in a demanding environment

Preferred qualifications, capabilities, and skills

  • Prior experience serving on creditors' committees

  • Strong network across major restructuring financial and legal advisory firms

About Us

Across JPMorgan Chase, we serve millions of customers and many of the world's most prominent corporate and government clients. Our mission is to build a stronger, more equitable economy, and we strive to make a positive impact everyday with our customers in their communities. We are proud of our reputation as one of the world's most admired companies and we know that it's our people who make us successful. We are committed to a diverse and inclusive workplace where our employees are welcomed, valued and able to bring their authentic selves and best work forward.

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability/Veterans

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