Description

Job Description

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 Vice President on the Insurance team, you will leverage your analytical abilities and industry knowledge to make and support credit decisions for a diverse portfolio of clients. You will manage exposure to a variety of insurance companies and related financial institutions, demonstrate sound credit judgement, and build strong relationships across the firm.

Job Responsibilities

• Manage exposure to a client base consisting of North American Life, Property & Casualty, Reinsurance, Brokers and other related financial institutions
• Lead the due diligence and risk grading of your portfolio; evaluate and action credit requests, risk grading, and on-going monitoring and management of a diverse portfolio of risk including traditional credit products, markets products (derivatives, trading, and financing), intraday liquidity facilities, and other credit exposures
• Demonstrate sound credit judgement and effective risk monitoring through collaboration across multiple lines of business and credit teams
• Manage the daily risk demands of a portfolio of clients, evaluating and executing on a variety of transactions for insurance companies and similar financial institutions
• Oversee transaction execution, including client analysis, preparation of credit approval materials, lead discussions with bankers, legal documentation negotiation, setup of credit facilities and ongoing monitoring of clients post transaction approval
• Build strong relationships and maintain open communication channels with colleagues across the firm, including bankers, operations, legal, and finance
• Monitor clients and update key stakeholders on important developments with regard to clients or industry and potential impact on credit ratings
• Stay informed about the evolving economic, legislative, and regulatory environment that impacts the insurance sector
• Provide leadership and input into key projects and contribute to process and efficiency improvement initiatives
• Manage, train and mentor the team's junior credit officers, fostering their development and growth

Required Qualifications, Capabilities and Skills

• Bachelor's Degree required
• 7+ years of credit risk experience within a bank or other financial services entity
• Highly proficient in insurance company credit analysis
• Knowledge of GAAP and statutory accounting: ability to analyze financial statements
• Deep understanding of financial products, corporate finance and market dynamics
• Experience negotiating loan and trading documentation
• Outstanding verbal and written communication skills; strong client interaction abilities
• Proven ability to perform well under pressure in a demanding environment
• Highly proficient in Excel, PowerPoint and Word

Preferred Qualifications, Capabilities and Skills

• Completion of a bank's formal credit training program
• Advanced degree (MA, MBA, CFA) preferred
• Corporate finance and accounting coursework

About Us

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

About the Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.