Commercial Bank Risk-Real Estate Banking Credit Risk - Executive Director

Job Summary

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.

Real Estate Banking (REB) delivers commercial real estate loans and banking products to top-tier national and regional real estate developers, investors, real estate operating companies and opportunity and investment funds in major markets across the United States. REB has national capabilities and expertise in real estate credit including term lending, subscription lending, corporate lending, and construction lending. Primary property types include multifamily, retail, office, and industrial.

As an Executive Director on the Credit Risk team supporting REB, you will assume a leadership role on a team responsible for the oversight, management, and approval of new and existing extensions of credit within the commercial real estate sector. You will work closely with the senior regional credit officer to push strategic discussions on new loan opportunities and existing exposures.

Job Responsibilities

Your key responsibilities will include:

• Providing guidance to coverage partners on new credit transactions with respect to appropriate credit structures and terms
• Working with clients, coverage partners, loan administration partners, internal and external legal counsel, and other parties to facilitate loan closings
• Partnering with Portfolio Management to review completed Annual Reviews and ensure appropriate risk grades are assigned
• Performing necessary credit analysis and due diligence on new loan opportunities including oversight of Approval to Pitch memos
• Approving new transactions, modifications/extensions, and other administrative and transactional risk approvals within assigned approval authority
• Mentoring, coaching, and developing junior underwriting talent
• Overseeing and driving ad hoc credit risk related projects and work flows
• Reviewing Credit Approval Packages to ensure final underwriting and risk rating recommendations are aligned with established underwriting guidelines, credit approval requirements, and other policies and procedures

Required Qualifications, Capabilities And Skills

We are looking for someone excited to join our organization. If you meet the minimum requirements below, you are encouraged to apply to be considered for this role.

• Bachelor's degree
• Strong leadership skills and ability to manage a team
• Exceptional business writing and verbal communication skills
• Advanced knowledge of real estate market dynamics and economic drivers, complex finance structures, and ability to identify risks and mitigants associated with commercial real estate lending transactions
• Proven superior commercial real estate structuring, negotiating, underwriting and portfolio management skills
• 8+ years in a similar banking or credit role
• Intellectual curiosity and ability to quickly learn and adapt to new policies and procedures

JPMorgan Chase & Co., 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 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be 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.

Equal Opportunity Employer/Disability/Veterans

Base Pay/Salary

New York,NY $142,500.00 - $300,000.00 / year