Risk Management - Asset Wealth Management - Latin America Global Families - Lead Credit Officer, Vice President - JPMorgan Chase Bank, N.A.

The Wealth Management (WM) Credit Risk team is seeking a Lead Credit Officer - Vice President to manage credit exposure for WM clients, with a primary focus on credit risk management for International Private Bank clients covered by the WM Latin America & Global Families Group businesses. This role is within the JPMorgan Private Bank, a global wealth management leader that delivers the highest quality advice, service, capabilities and products to wealthy individuals and families in 36 countries around the world.

Job summary

As a Credit Risk Lead in Wealth Management Credit Risk team, you'll be helping 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 is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

The Private Bank delivers highly customized and tailored solutions to help clients with the challenges of substantial wealth, utilizing the Private Bank's discretionary investment management, brokerage, tax and estate planning, credit, capital raising and specialty wealth advisory services while leveraging the commercial and investment banking capabilities of the firm.

Job responsibilities

• Manage credit risk management of International Private Bank clients covered by the Latin America & Global Families business, with primary ownership of managing portfolio risks within acceptable 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 exposure relating to the client base within authorized limits. Assign risk ratings, LGDs, and other risk metrics across the portfolio. Maintain satisfactory Audits across the credit portfolio.
• Ensure that Risk exceptions in the portfolio are appropriately managed and escalated as required.
• Identify and monitor concentrations, trends and themes in the portfolio, and direct the preparation of Portfolio Reviews.
• Work closely with the Underwriting team and build an integrated approach to make credit decisions that incorporates underwriter input.
• Partner with Business to credibly challenge opportunities / new initiatives while promoting a culture of Risk discipline across the organization.
• Participate to strengthen Risk Policies / Underwriting Guidelines / procedures in partnership and work with Risk Policy team.
• Challenge the status quo. Continuously strive to find better, more efficient ways to manage credit risk and business flow, including underwriting.
• Actively participate in diversity, inclusion and equity efforts across the organization.

Required qualifications, capabilities, and skills

• Bachelor's degree
• 7+ years of professional experience related to financial services, risk management, compliance or legal
• Strong decision making capabilities and the ability to identify problems and propose solutions
• Ability to operate independently with confidence, to interact credibly with senior business stakeholders and build strong partnerships
• Team player who collaborates effectively and is able to influence others
• Thought leader able to generate innovate ideas to address challenges / inefficiencies
• Outstanding attention to detail and ability to learn complex processes that affect various functions and business units within Credit Risk Management
• Highly organized, motivated and hard working with exceptional communication skills, both written and verbal with ability to prepare and present senior level communications and meet tight deadlines
• Strong technical (including Excel) skills

JPMorgan Chase & Co., 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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability/Veterans