As Reviewer-in-Charge, lead a team of reviewers for commercial loan portfolios. This includes chairing meetings associated with planning, project kick-off, presentation of findings, and formal closing. Duties include coordinating team assignments with the Credit Review Director, defining project scope and sample selection, evaluating internal controls and systems that mitigate credit risk, communicating with business management, reviewing results to identify key issues and dimensioning the signi... more details
The Credit Review team within the JPMC Internal Audit Department is responsible for reviewing the credit process in commercial lending portfolios at the firm. The team focuses on portfolios within the Commercial and Investment Bank, Commercial Banking, Wealth Management, and Business Banking lines of business.
The Credit Review team performs independent reviews of JPMC commercial loan portfolios that include an evaluation of the adequacy and accuracy of lending decisions, consistent application of risk policy and credit procedures, analysis of underwriting standards and practice, and determining through ongoing monitoring the overall assessment of asset quality. Furthermore, the team assesses whether sufficient controls are in place to mitigate credit risk to the firm.
Position Description
This position is responsible for planning and executing periodic credit reviews and participating on review assignments. The Credit Review Officer will lead members of the Credit Review team in activities that evaluate commercial loan transactions and perform assessments of underwriting and portfolio management to independently opine on the adequacy of underwriting analysis, accuracy and timeliness of risk grading decisions, appropriateness of credit mitigation actions, and the effectiveness of the credit management process and key controls supporting credit quality. Between periodic reviews, the Credit Review Officer independently monitors credit risk trends within assigned commercial lending portfolios, attends relevant meetings, and develops and maintains relationships with internal stakeholders responsible for credit approval. This position will report to a Credit Review Director and is located in Jersey City, NJ. or Plano, TX.
Key Responsibilities
As Reviewer-in-Charge, lead a team of reviewers for commercial loan portfolios. This includes chairing meetings associated with planning, project kick-off, presentation of findings, and formal closing. Duties include coordinating team assignments with the Credit Review Director, defining project scope and sample selection, evaluating internal controls and systems that mitigate credit risk, communicating with business management, reviewing results to identify key issues and dimensioning the significance of those findings, recommending corrective action as needed, report writing, and archiving all relevant documents.
As a team member, participate in reviews led by Credit Review team members. This includes preparing independent financial analysis and risk assessment (focusing on the accuracy of risk grades, timeliness of grade changes, and appropriateness of supporting rationale), analyzing the credit underwriting quality of individual transactions, recording results and conclusions in a work paper database, and actively participating in all review meetings.
Perform continuous monitoring of assigned portfolios and participate in portfolio review meetings.
Serve as an information resource on commercial credit risk and policy. Partner with Credit Risk Management stakeholders to establish strong working relationships while maintaining independence.
Ensure consistent application of firm wide Risk Policy as well as Credit Review Policies and Procedures.
Complete special projects and research as assigned by the Credit Review Director.
Qualifications
Experienced credit professional with minimum 10-years commercial credit experience, preferably with a background in commercial credit underwriting and credit risk management.
Successful completion of formal credit training program preferred, but not necessary.
Previous credit review experience is preferred, but not necessary.
Minimum Bachelor's degree in Accounting, Finance, Economics, or a related discipline.
Demonstrated understanding of commercial credit principles and strong analytical skills.
Excellent verbal and written communication and interpersonal skills required with ability to present complex and sensitive issues to management.
Enthusiastic, self-motivated, effective in a dynamic fast-paced environment and willing to demonstrate personal responsibility and accountability.
Proven ability and desire to learn quickly, be flexible, and think strategically.
Ability to manage multiple tasks concurrently, with a high sense of urgency.
Works well individually and in teams, shares information, supports colleagues, and encourages participation.
Job Abstracts is an independent Job Search Engine. Job Abstracts is not an agent or representative and is not endorsed, sponsored or affiliated with any employer. Job Abstracts uses proprietary technology to keep the availability and accuracy of its job listings and their details. All trademarks, service marks, logos, domain names, and job descriptions are the property of their respective holder. Job Abstracts does not have its members apply for a job on the jobabstracts.com website. Additionally, Job Abstracts may provide a list of third-party job listings that may not be affiliated with any employer. Please make sure you understand and agree to the website's Terms & Conditions and Privacy Policies you are applying on as they may differ from ours and are not in our control.
We would like to take a second to Welcome You to Job Abstracts, the nation’s largest Pure Job Board. With over 3.1 million job listings from 15,000+ Companies & Organizations, we help job searchers find careers that match their interests. As an anonymous user, you have probably discovered how easy our system is to use. However, you have just scratched the surface of what we can offer.
We encourage you to Register so you can use our most powerful features: searching with multiple terms, setting up multiple locations, establishing favorite companies, and accessing your search history. If you find a job you like, you can apply directly for it, and then, keep notes on it. We will also keep a lookout for jobs that match your search terms and email you when we find something you may like.
You can register for free and the system is free to use. If you like our system so far, click on Register and unlock the power required by serious job searchers.
Any time you conduct a search, the system shows you job matches, ranked by their Relevance Score (RS).
The score is calculated by a proprietary algorithm that uses Intelligent Machine Learning.
The Relevance Score tells you how well the job opportunity matches your search term or terms.
When not logged in, the system is limited to one search term. Scores for single term matches are usually lower.
When you register, log in, and set up multiple terms prioritized by importance, the jobs found for you will receive a much higher Relevance Score.
