Risk Management - Special Credits - Executive Director

Bring your expertise to JPMorgan Chase.  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 Special Credits Group Executive Director in Commercial & Investment Bank, you will develop/implement risk mitigation and recovery maximization strategies for distressed exposure. Working closely with stakeholders both internally (capital markets and origination, industry coverage, legal, among others) and externally (company management, legal and financial advisors, and other creditors), you will cover matters across all industries in the US, Canada, and Latin America. This includes litigation/wind-down situations as well as a portfolio of equity and debt instruments received in exchange for previous loans/claims. You will also be involved with the structuring and arrangement of stressed and distressed debt transactions, including Debtor-in-Possession / Exit facilities for companies in bankruptcy and Liability Management transactions.

Job Responsibilities

• Lead credit decision-making process in live stressed / distressed situations while in leadership role amongst lender group/Administrative Agent capacity 

• Work with deal teams on new originations for distressed borrowers and the restructuring of existing exposure

• Review complex legal, financial and jurisdictional issues with an objective of improving credit structures

• Coordinate across multiple internal constituencies including Industry and Product Coverage, Credit Risk, Capital Markets, Legal, Compliance and Secondary Loan trading

• Work with external constituents, including other lenders, company management, financial advisors, and outside counsel to implement optimal solutions for exposure positions

• Monitor performance of distressed portfolio; prepare updates for senior management and regulators

• Evaluate exposure management opportunities through loan sale; Prepare valuations on securities/ other instruments received from previous restructurings and formulate trading and disposal strategies

• Provide leadership on the wholesale regulatory, accounting and risk reporting agenda as well as other Special Credits-specific activities including crisis management and problem credit playbooks

 

Required qualifications, capabilities, and skills

• 7+ years of experience in role focused on corporate finance, credit and leveraged finance

• Experience in a workout / restructuring role 

• Strong verbal and written communication skills; Ability to lead lender groups and/or represent JPMorgan in negotiations with various stakeholders 

• Ability to make, defend, and communicate credit / structuring decisions, often based on limited information

• High degree of motivation with a strong sense of accountability and ownership of tasks; Ability to work well under pressure in a demanding environment with good time management

• Ability to be self-sufficient or work collaboratively as a team, as needed

• Strong attention to detail and project management skills