Risk Management - Credit Risk Insurance - Executive Director at JPMC Candidate Experience page

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Jun, 26

Salary

260000.0

Posted On

05 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Analysis, Risk Management, Portfolio Management, Credit Decisions, Risk Grading, Legal Documentation Negotiation, Risk Monitoring, Industry Analysis, Stakeholder Briefing, Relationship Building, Process Improvement, Mentoring, GAAP Accounting, Statutory Accounting, Regulatory Regimes, Executive Presence

Industry

Financial Services

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 an Executive Director within the Commercial and Investment Bank (CIB) Credit Risk team, you will focus on credit analysis and complex credit decisions across a diverse portfolio of insurance clients. You will collaborate closely across the firm and lead change through targeted projects that improve controls and efficiency. Job Responsibilities * Manage a portion of the North American Insurance portfolio across Life, Property & Casualty, Reinsurance, Brokers, and related financial institutions * Evaluate and execute complex credit requests for new and existing clients, spanning traditional credit, markets products (derivatives, trading, and financing), payments products, and other credit exposures * Lead end-to-end execution related to credit requests: diligence, risk grading, credit approval materials, legal documentation negotiation, facility setup, and post-approval monitoring * Oversee ongoing portfolio management. Demonstrating sound credit judgement and effective risk monitoring through ongoing client diligence and industry analysis conducted in collaboration with partners across other lines of business * Monitor market, economic, legislative, and regulatory developments affecting the insurance sector; brief stakeholders on client and industry risk profiles, including potential rating impacts * Build strong relationships and maintain open communication with coverage bankers, product partners, operations, legal, and finance to ensure effective risk monitoring and execution quality * Lead analytical projects focusing on client and industry risks, and contribute to process and efficiency improvements across Insurance Credit * Train and mentor junior credit officers, fostering development and growth where appropriate Required Qualifications, Skills and Capabilities * Bachelor’s degree * 10+ years in commercial and investment banking, credit risk, and portfolio management * 3+ years of insurance industry expertise * Proficient in insurance company credit analysis leveraging both GAAP and Statutory accounting frameworks * Strong understanding of insurance regulatory regimes in the US and Bermuda * Deep familiarity with corporate banking products, treasury management, capital markets, structured finance, corporate finance, and derivatives, including related documentation; experience negotiating loan and trading documentation is required * Excellent communication and presentation skills - both written and verbal * Executive presence and ability to think critically and multitask in a dynamic and fast-paced environment * Track record of success coaching, developing and retaining high performing analysts and associates 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 [https://careers.jpmorgan.com/us/en/how-we-hire/faqs] for more information about requesting an accommodation. JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans 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.

Responsibilities

The role involves managing a portion of the North American Insurance portfolio, evaluating complex credit requests for new and existing clients across various products, and leading end-to-end execution of credit requests. Responsibilities also include overseeing ongoing portfolio management, monitoring market developments affecting the insurance sector, and leading analytical projects.