Risk Management - Credit Senior Officer - Associate

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 Credit Senior Officer within JPMorgan Private Bank, you will play a significant role in managing risk and supporting the US Regional (East) portfolio.  Your responsibilities will include leading and managing the overall risk management process for select markets with an initial focus on the NY Families markets  This primarily consists of analyzing credit risk and monitoring portfolio performance on an ongoing basis. The position offers a challenging and rewarding opportunity on a dynamic team where you can leverage your expertise to make significant impact.

Job responsibilities

• Assist in managing credit risk for Domestic Private Bank clients across assigned markets, ensuring alignment with established risk appetite and loss tolerances.
• Understand WM Credit Risk appetite on wholesale loans, mortgages and trading exposures (i.e. OTC derivatives, futures and options, securities trading)
• Approve credit risk exposures within authorized limits.
• Ensure accurate, timely, and consistent assignment of risk ratings for all clients, collateral, and relevant risk metrics across the portfolio.
• Appropriately manage and escalate risk exceptions within the portfolio as required.
• Identify and monitor concentrations, trends and emerging themes in the portfolio, and direct the preparation of Portfolio Reviews.
• Collaborate with the Underwriting team to support integrated credit decision-making, incorporating credit officer input.
• Partner with Business to credibly challenge opportunities and new initiatives, while promoting a culture of Risk discipline across the organization.
• Contribute to the enhancement of risk policies, underwriting guidelines, and procedures in collaboration with the Risk Policy team.
• Proactively identify and implement process improvements to enhance the efficiency of credit risk management and underwriting activities.

 Required qualifications, capabilities, and skills

• Bachelor’s degree required.
• Minimum of 5 years’ experience in a similar banking or credit role, with demonstrated expertise in managing large credit portfolios and structuring complex credit transactions.
• Strong communication and decision-making skills, with the ability to identify issues and propose effective solutions.
• Proven ability to operate independently and interact confidently with senior business stakeholders, building strong partnerships.
• Effective collaborator with the ability to influence and work across multiple teams.
• Strong understanding of market dynamics and economic drivers.
• Demonstrated thought leadership and ability to generate innovative solutions to address challenges and inefficiencies.
• Exceptional analytical skills, attention to detail, and capacity to learn complex processes impacting various functions within Credit Risk Management.
• Highly organized, self-motivated, and skilled in presentation, business writing, and communication.

JPMorganChase, 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. 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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans