JPMorgan Chase & Co.

ED, General Manager – Maserati Capital USA

Posted on: 20 Mar 2021

Grand Rapids, MI

Job Description

Chase Auto:

The Chase Auto business offers consumers car loans and leases through more than 12,000 auto dealerships across the country. Chase Auto is comprised of three businesses: Dealer Services Business that offers retail loans to consumers through Dealers, and provides banking and commercial lending to Dealers; Partnerships Business that offers leases and loans to consumers as a Captive Finance arm of major Auto manufacturers; Direct Auto Business that offers loans directly to consumers through online and bank channels.

Position Summary:

We are currently seeking a General Manager for Maserati Capital USA (MCUSA) business. The MCUSA business is one of the Captive Finance businesses that make up Chase Autos Partnerships business. As a General Manager, this individual will work directly with the Maserati North America executive team to develop various programs and strategies that drive mutual core objectives. The GM will oversee MCUSAs P&L and be responsible for delivering profit and return targets. The GM will manage the strategic partnership with Maserati North America, run day to day operations, be directly responsible for a team of field sales staff, and underwriting staff, both dedicated to the MCUSA business. The GM will interface with key functions within Chase Auto and the Partnerships business, to deliver on business goals and objectives. As General Manager for a strategically important partnership, this person will serve as a key leader within the Chase Auto business.

Core responsibilities include:

* Full P & L responsibility for the MCUSA business. Ensure that portfolio performs within established risk appetite of the business.
* Maintain strong relationships and regular communication with Maserati North America C-suite, and key executives.
* Build and maintain a strong Captive Culture within the organization to ensure that dealers and customers believe that they are working with a top-notch Captive finance arm of a manufacturer.
* Lead a team of field sales organization that provides best in class service to Maserati dealers across the country. Ensure that the team aligns with Maseratis field team appropriately.
* Lead the underwriting team to provide top notch dealer support, maintain SLAs, and ensure that leases and loans booked fall within established risk parameters.
* Lead a support staff that works with Maserati and Chase Auto functions on developing programs, pricing initiatives, and marketing initiatives.
* Interface effectively within Chase Auto with various functional areas that support the MCUSA business to ensure that programs and initiatives are prioritized effectively and delivered on time.
* Work closely with the marketing group to deliver marketing programs, and the Power of Chase to the Maserati relationship.
* Ensure that the business unit follows established policies and procedures and has sound Controls in place.

Knowledge and Experience:

* 8+ years in a consumer lending business.
* 6+ years of experience successfully managing a Consumer Lending P&L organization, or leading a function
* Demonstrated experience in client relationship management, and regular interaction at senior levels of an organization.
* Demonstrated strategic thinking and execution skills, with strong analytics and quantitative skills
* Proven ability to lead and build high performing teams.
* Proven organizational management & leadership skills
* Demonstrates high-touch, consultative, collaborative, and strong influencing skills
* An undergraduate degree from an accredited college/university is required; an advanced degree is preferred.
* Travel Required: 40-50%

JPMorgan Chase & Co.

New York, New York

JPMorgan Chase & Co. operates as a financial services company worldwide. It operates in four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, payment processing, auto loan, and leasing services.

The CIB segment provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt markets capital-raising services, as well as loan origination and syndication; cash management and liquidity solutions; and cash securities and derivative instruments, risk management solutions, prime brokerage, and research.

This segment also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The CB segment provides financial solutions, including lending, treasury, investment banking, and asset management to corporations, municipalities, financial institutions, and nonprofit entities, as well as financing to real estate investors and owners.

The AWM segment offers investment and wealth management services across equities, fixed income, alternatives, and money market fund asset classes; multi-asset investment management services; retirement products and services; and brokerage and banking services comprising trusts, estates, loans, mortgages, and deposits. The company also provides ATM, digital covering online and mobile, and telephone banking services. JPMorgan Chase & Co. has a collaboration agreement with Chicagoland Chamber of Commerce. The company was founded in 1799 and is headquartered in New York, New York.

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