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CCB RiskChase Consumer & Community Banking (CCB) serves consumers and small businesses with a broad range of financial services, including personal banking, small business banking and lending, mortgages, credit cards, payments, auto finance and investment advice. Consumer & Community Banking Risk Management partners with each CCB sub-line of business to identify, assess, prioritize and remediate risk. Types of risk that occur in consumer businesses include fraud, reputation, operational, credit, market and regulatory, among othersBusiness Banking (BB) serve small businesses, municipalities and not-for-profit entities. Chase is a leading national Small Business Administration lender. Delivering a broad array of financial solutions with local expertise and dedicated service, BB partners with the firm's other businesses to provide comprehensive solutions, including lending, deposit products and treasury services to meet its clients' financial needs.The Business Banking Risk Management Credit Underwriting group at JPMorgan Chase partners with the Sales organization to provide lending products and services. Our target business client has revenues up to $20 million and credit needs up to $25million. Credit products include: Lines of Credit, Term Loans, Commercial Real Estate Loans, Small Business Administration Loans and a variety of Cash Management products. Credit decisions for the targeted team are generally made using a Scored Methodology credit approach.As a Lead Credit Officer for Business Banking, your primary responsibilities are managing a team of national Credit Officer Specialists who: approve new credit, renew existing credit lines and maintain relationships with key functional partners (Sales, Operations, Legal, Compliance and Risk). The incumbent will appropriately assess the risk in the portfolio, ensuring that the team decisions new credit transactions according to requirements and diligently manages the existing credit portfolio (i.e. managing the credit metrics), meeting customer expectations and established goals (turn time, quality and growth). The incumbent will also have direct accountability for Credit Officer Specialists quality and regulatory compliance (Reg. B, Reg. O, Reg. W, etc.). As part of the management team, the incumbent will be expected to identify opportunities to improve controls and efficiencies as well as lead change through identified projects.Responsibilities include but are not limited to:Lead a team of Scored Assist credit professionals to efficiently decision credits of varying complexity while maintaining high quality standards and adhering to credit policies, guidelines and procedures.
Implement the firm's risk appetite across the various industries we serve and in all geographic locations covered. Ensure appropriate Tiers and where applicable, Risk Grading and Loss Given Defaults.
Effectively collaborate with the Divisional Credit Delivery Managers who are the key point of contact with the Divisional Sales Executives to maintain a cohesive and productive partnership for the respective groups.
Develop and oversee the resources and workflow process to manage Time to Money for new and renewed deal flow and other portfolio management related activities so that all benchmarks and expectations are met.
Ensuring that appropriate credit analysis, due diligence, and review of documents for credit decisions in regards to new money and portfolio activities. Assume ownership of the portfolio quality, acting with a sense of urgency, doing whatever it takes to effectively get the job done.
Utilize excellent credit skills to ensure well thought out and concise analysis of relationships using appropriate structure and identifying key risks.
Ability to quickly and accurately evaluate relationships to determine if the risk profile is acceptable and recommend simple structures that adequately protect the bank while not over engineering the transaction.
Flexibility and the ability to identify larger opportunities and to ensure warm hand-offs of same to other appropriate team members.
Demonstrating excellent communication skills both internally and externally and using those communication skills to effectively solve problems.
The ability and courage to voice your opinion in a clear, concise manner and to defend that position with management.
Partnering with other functions to put in place and consistently improve processes to drive efficiency and consistency, while maintaining credit quality of portfolio.
Using analytics and reporting to manage resourcing and workload.
QualificationsBachelor's degree or higher
Formal Credit Training from a well-recognized Financial Institution
Demonstrated ability to lead people and manage time sensitive, complex initiatives
5+ years of Underwriting experience required; in a banking or financial services environment preferred.
Excellent risk assessment skills, including risk identification and measurement, mitigation strategy development, regulatory management, policy and procedure development
Proven ability to work in a matrixed environment, provide oversight, negotiate and directly influence change
Ability to collaborate with business and functional experts to provide risk assessment guidance, recognize risks and design enhancements
Excellent interpersonal and communication skills, including ability to negotiate, compromise and demonstrate diplomacy in sensitive situations and to interact effectively with senior management
Ability to build relationships with the Business and other LOB partners
Excellent analytical and problem-solving skills
Strong project management and process skills
Ability to prioritize and execute on multiple, simultaneous, complex priorities
Ability to analyze data, identify root causes, recommend change controls to senior management
Strong understanding of Credit and Treasury Products as well as their inherent risks and available mitigants.
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 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.Equal Opportunity Employer/Disability/Veterans
Full-time