Job Description

The Chase Middle Market Banking and Specialized Industries Group is part of JP Morgan Chase's Commercial Bank and focuses on companies with $20MM to $500MM in revenue and on Government, Healthcare, Higher Ed and other non-profit entities across the US. This position is for a Credit Risk Executive to lead the risk organization supporting the Government and Healthcare, Higher Ed and Non-Profits vertical businesses across the national footprint. The Credit Risk Executive is the supervisory credit risk manager for the loan portfolio and leads the risk team working in partnership with coverage banking management and officers, syndications, and other partners to risk grade borrowers, analyze and approve credit requests, structure credit facilities, and negotiate credit agreements and other loan documentation.

This position is for a Credit Risk Executive to lead the risk organization supporting the Government and Healthcare, Higher Ed and Non-Profits vertical businesses across the national footprint. The Credit Risk Executive is the supervisory credit risk manager for the loan portfolio and leads the risk team working in partnership with coverage banking management and officers, syndications, and other partners to risk grade borrowers, analyze and approve credit requests, structure credit facilities, and negotiate credit agreements and other loan documentation.

To be successful, this individual needs a broad and deep understanding of the business, financial, competitive, and industry risks faced by clients in the assigned portfolio; expertise in structuring commercial loan transactions and managing all types of credit risk; and a comprehensive knowledge of corporate finance principles and working experience in the public finance market

Leadership

Manage multiple levels of credit risk professionals across geographies, markets, and lines of business

Lead and facilitate a robust and diverse talent strategy and development plan across the organization

Partner with executive management across the organization to drive, influence, and collaborate on the accomplishment of business objectives and overall company goals

Initiate, influence and drive change to advance market, function, and organizational growth and progression

Join coverage banking management in client- and prospect-facing meetings and events

Develop and maintain external partnerships with counsel, financial advisors, ratings agencies, etc.

Risk Assessment

Identify the key risk factors associated with clients, transactions, and industry sub-sectors

Develop and articulate a dynamic, forward-looking risk assessment of borrowers, transactions, competitive threats, and industry and other factors

Lead and/or participate in client due diligence and transaction negotiations

Attend client, bank, and industry meetings to develop a thorough understanding of client borrowers, management teams, and industry sectors

Develop and maintain deep knowledge of legislative issues and changing landscape in the public finance space

Recommend and approve appropriate credit structures relative to risk assessment and policy considerations

Credit Approval Process, Portfolio Management and Control Process

Apply corporate finance, accounting expertise and knowledge of public finance credit market to develop appropriate financing structures

Review credit approval materials, ensure all credit risk policies are followed, and utilize approval authority and/or, where necessary, present and recommend credits for approval by senior management

Lead the deal team in the analysis, negotiation and execution of financing terms and conditions

Ensure risk ratings are accurate across the portfolio and reflect a current forward-looking view of the portfolios health

Provide early identification and proactive management of deteriorating credits and other problem situations and drive the team to successful outcomes

Lead periodic portfolio reviews, watchlist and credit surveillance meetings

Drive acceptable portfolio management metrics for covenant monitoring, document gathering, approval requirements, etc

Achieve satisfactory audit results

Maintain personal and organizational control environment consistent with Municipal Finance regulations and internal policies

Participate in business activities providing a risk perspective for pricing committee, strategic planning, resolution of legal issues, assessment and mitigation of reputational risks, etc.

The Credit Risk Executive for GHHN will be involved in the legal entity risk management of an asset trust funding vehicle owned by the Commercial Bank

Qualifications:

Minimum of 15+ years Commercial Banking risk experience preferred

Superior credit, corporate finance, negotiation, loan documentation, and financial modeling skills

Experience in the public finance space to include lending to municipalities, hospital systems, higher education institutions and other nonprofits

Strong interpersonal skills and verbal and written communication, collaboration, and time management skills.

Independently productive; able to operate at a highly effective level with minimal day-to-day managerial direction

Prior management experience leading teams and influencing stakeholders and partners

Completion of a major corporate or investment bank credit training program, or equivalent experience, and a thorough understanding of bank credit policies and procedures

BA/BS degree is required, advanced degree in finance, accounting, mathematics/modeling or economics and/or CFA is preferred

Availability to travel to meet teams, clients, and prospects (50%)