Bring your expertise to JPMorganChase. As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase 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 Trade Credit Risk Vice President within the Americas Regional Trade Risk team, you will be assisting the Head of Trade Risk in evaluating new transactions and product development. Your responsibilities will also include monitoring the portfolio and implementing or developing risk policies. You will be approving team member trade finance transactions, managing credit exposure, and collaborating with the business for the development of new Trade products.
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Job Responsibilities
- Approve trade transactions within delegated authority across the assigned portfolio and monitor exposure
- Provide risk management decisions on variations from standard documentation and/or product policy and guidelines
- Assist trade sales, GCB and coverage on requests to the Credit team for credit lines to support new business and advise Credit on suitability of product for a given counterparty or suitability of the structure at transaction level
- Collaborate closely with Trade Management, Trade Sales, Credit Risk and Legal
- Partner with key stakeholders to approve new structures, policy exceptions and control solutions
- Interact with Trade sales team to voice risk views and solutions to transactions in the pipeline
- Partner with Trade Risk counterparts in other regions to share best practices
- Partner with the expanding Global Trade & Working Capital team to drive a strong risk culture and independently identify, assess and address risk issues as they arise
- Provide training on trade products and associated risks to internal partners
- Participate in Regional Risk & Country Committees and attend Industry Events
- Attend and contribute to various Business forums and committees where Trade Risk is a voting member
Required Qualifications, Capabilities and Skills
- Bachelor's degree
- Minimum 5 years of experience in Credit Risk, Trade Risk, Securitization, Structured Finance and/or Asset-backed Finance
- Strong credit risk skills and robust experience interpreting and negotiating legal documentation
- Demonstrated ability to operate in a time-sensitive environment while multi-tasking
- Curious intellectual and business acumen with willingness to take a leading role in a wide range of initiatives and drive solutions
- Excellent ability to communicate effectively at all levels of the organization
- Good interpersonal skills with aptitude to influence decision process and align risk strategy with business objectives
- Self-starter with demonstrated track record in successfully leading collaborative efforts with other constituents who may have different backgrounds, risk understanding, skill sets and priorities
Preferred Qualifications, Capabilities and Skills
- Experience in counterparty credit risk
- Experience in structured finance transactions
- Basic understanding of key traditional trade instruments and their various risks
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.