Job summary
As a manger of The Securities Based Lending team in Wealth Management Operations; center of excellence, you will guide operations designed to handle a high volume of lower risk credit transactions including Loans, Letters of Credit and Derivatives, all fully secured by high quality marketable securities with standard loan documentation. The team is responsible for enhancing the client experience by facilitating swift credit approvals and expediting delivery of loan documentation. The group combines a focus on credit worthiness along with evaluation of collateral holdings as part of the underwriting process.
Job responsibilities
- Lead a team of 8 - 10 Lenders and Analysts dedicated to the seamless delivery of the Securities Based Lending products to Wealth Management
- Provide the highest level of service to our internal partners and clients while adhering to credit quality standards
- Maintain a consistently high level of awareness around any potential credit issues and to resolve exceptions. These exceptions include effectively managing under margin situations, past review facilities, past due principal/interest and documentation exceptions
- Partner with Global and Domestic SBL leadership to provide appropriate oversight of credit and operational risk
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Required qualifications, capabilities, and skills
- Bachelor degree required. Previous management experience preferred
- Candidates should have a minimum of 5 years of private banking/asset management, and mastery level credit/lending experience
- Proven ability to effectively communicate with senior managers and sales personnel
- Ability to effectively document and implement new and updated processes
- Strong understanding of financial markets and securities industry
- Exercise stringent judgment to ensure business is conducted in compliance with all applicable government regulations, corporate policies and operations risk management
- Possess strong skills in Excel, Word, Visio, Outlook and PowerPoint
ABOUT US
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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation 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 is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAM
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.