Participate in underwriting of new to ABL transactions. Perform due diligence including analysis of historical and projected financial performance, collateral analysis, company and industry assessment. Recommend appropriate structure, prepare credit approval document and lead credit approval process. Amount of time spent on underwriting dependent on size and complexity of portfolio.
Lead all aspects of the credit relationship, including credit analysis, financial modeling and coordinating credit approval for all products including loans, derivatives, leases and cash management
Proactively support and enhance client relationships
Leadership role in assigning and assessing internal ratings, risk assessment and risk mitigation. Recommend changes in structure or account management strategy to address negative trends. Assess monthly, quarterly and annual financial statements and borrowing base reporting
Leadership role in structuring and negotiating Credit Agreements, as well as, point person on all other amendments and waivers. Manage and monitor loan products including affirmative, negative and financial covenant compliance. Manage ongoing communication with bank group members as well as with other team members.
Interpret collateral appraisals and field exams. Ongoing monitoring of collateral trends and liquidity, establishing reserves and recommending appropriate course of action to address issues
Partner with Bankers, Debt Capital Markets, Treasury Services, Leasing, Derivatives and Loan Operations
Communicate efficiently and effectively with Senior Management to elevate credit issues, respond timely to regulatory requests and maintain internal credit files
Train and mentor junior team members
Qualifications:
Minimum 6 years of experience in Risk and Asset Based financing knowledge strongly preferred
Strong analytical skills are required
Strong understanding of capital markets, financing structures, derivatives and cash management products as well as related documentation
Excellent communication skills - both written and verbal
Ability to multitask in a fast paced environment
Bachelor's degree in Accounting or Finance preferred
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.
