Job Description

Bring your expertise to JPMorganChase.  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 Lead Credit Officer Vice President in Dealer Commercial Services, you will be responsible for analyzing commercial loans to prospects/existing customers, collaborating with banking partners, and structuring transactions that are consistent with our company’s policies and procedures. You will take ownership of the credit process and possess the ability to multi-task, prioritize deal flow and meet delivery deadlines, while making decisions in the best interest of the customer and organization.  You will possess and apply a broad understanding of the business environment including the auto industry, current events, and economic cycles. As a senior member of the team, you will also have responsibility to mentor and coach new / junior credit officers and analysts. 

The Dealer Commercial Services team specializes in floorplan lines of credits, real estate loans, acquisition loans, working capital loans, and treasury products to our 450+ franchised retail automobile dealers. We are searching for an experienced Lead Commercial Credit Officer to manage a portfolio of approximately $750 million in loan commitments representing our largest and most complex relationships.

 Job Responsibilities:

Prepare written credit reviews by utilizing excellent commercial credit skills to assess credit opportunities, identify key risks, and recommend appropriate structures to mitigate risks, including covenants, terms, and conditions for approval.Determine the capacity of operating entities to repay financial obligations by analyzing company-prepared or audited financial statements and conducting detailed cash flow analysis.Complete obligor and facility risk ratings, documenting the rationale for final risk grades.Proactively manage your portfolio by taking full ownership of responsibilities such as annual reviews, loan modifications, covenant breaches, inventory audits, overline management, and analyzing trends in key dealer metrics.Mentor and train analysts who support your portfolio management activities.Provide leadership and mentorship to Credit Officer I by reviewing their work, developing their portfolio management and credit analysis skills, including them in portfolio communications and deal team discussions, and supporting their professional growth.Interact with clients, virtually or in person, in conjunction with the Banker.Lead or contribute to special projects related to credit topics and issues.Work proactively and constructively with both internal and external contacts to keep transactions moving.Demonstrate excellent communication skills both internally and externally, using those skills to effectively solve problems. 

Required qualifications, capabilities, and skills: 

Bachelor of Arts in Finance, Accounting, Business Administration, Economics, or equivalent work experience if non-Finance related degree / Master of Business Administration7+ years commercial credit analysis / automotive captive experience, with significant knowledge of accounting, risk grading, cash flow analysis, financial statement analysis, franchise value analysis, loan structuring, and marketHands-on experience analyzing commercial loans to franchised auto dealerships, or equivalent, including floor plan, real estate, and acquisition lendingSuperior analytical, interpersonal, analysis, and problem-solving skills supported by excellent written and verbal communication including presenting to executive-level managementDemonstrated judgment and ability to act decisivelyExpert knowledge of credit philosophy and policies, understanding of commercial loan documentation requirements, and related legal issuesThorough knowledge of the Bank's policies and procedures, as well as its products and their inherent risks