As a Credit Risk Manager in Asset Based Lending, your responsibility will be to: i) Underwrite credit exposure for new ABL customers and ii) Manage an assigned portfolio of Commercial Banking clients who have Asset Based loans and all other related exposure. Credit Risk Managers perform all necessary credit analysis, due diligence, and negotiate legal documents on new transactions. On established portfolio accounts, Credit Risk Managers lead the client credit relationship with CB Middle Market Bankers who manage the overall relationship along with ABL Originators. As a contributing member of the deal team, Credit Risk Managers manage complex transactions to completion with little to no guidance from your immediate manager. The role involves extensive interaction with clients, other product partners, internal and external legal counsel, lenders, consultants and investors.

Job Responsibilities:

• Participate in underwriting of new to ABL transactions. Perform due diligence including analysis of historical and projected financial performance, collateral analysis, company and industry assessment. Recommend appropriate structure, prepare credit approval document and lead credit approval process. Amount of time spent on underwriting dependent on size and complexity of portfolio.

• Lead all aspects of the credit relationship, including credit analysis, financial modeling and coordinating credit approval for all products including loans, derivatives, leases and cash management

• Proactively support and enhance client relationships

• Leadership role in assigning and assessing internal ratings, risk assessment and risk mitigation. Recommend changes in structure or account management strategy to address negative trends. Assess monthly, quarterly and annual financial statements and borrowing base reporting

• Leadership role in structuring and negotiating Credit Agreements, as well as, point person on all other amendments and waivers. Manage and monitor loan products including affirmative, negative and financial covenant compliance. Manage ongoing communication with bank group members as well as with other team members.

• Interpret collateral appraisals and field exams. Ongoing monitoring of collateral trends and liquidity, establishing reserves and recommending appropriate course of action to address issues

• Partner with Bankers, Debt Capital Markets, Treasury Services, Leasing, Derivatives and Loan Operations

• Communicate efficiently and effectively with Senior Management to elevate credit issues, respond timely to regulatory requests and maintain internal credit files

• Train and mentor junior team members

Required Qualifications, Skills and Capabilities:

• At least 6 years of experience in Risk and Asset Based financing knowledge strongly preferred

• Strong analytical skills are required

• Strong understanding of capital markets, financing structures, derivatives and cash management products as well as related documentation

• Excellent communication skills - both written and verbal

• Ability to multitask in a fast paced environment

• Bachelor's degree in Accounting or Finance preferred

About Us

Across JPMorgan Chase, we serve millions of customers and many of the world's most prominent corporate and government clients. Our mission is to build a stronger, more equitable economy, and we strive to make a positive impact everyday with our customers in their communities. We are proud of our reputation as one of the world's most admired companies and we know that it's our people who make us successful. We are committed to a diverse and inclusive workplace where our employees are welcomed, valued and able to bring their authentic selves and best work forward.

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