Risk Management - Insurance - Credit Risk Vice President

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 Vice President on the Insurance team, you will leverage your analytical abilities and industry knowledge to make and support credit decisions for a diverse portfolio of clients. You will manage exposure to a variety of insurance companies and related financial institutions, demonstrate sound credit judgement, and build strong relationships across the firm.

• Manage exposure to a client base consisting of North American Life, Property & Casualty, Reinsurance, Brokers and other related financial institutions
• Lead the due diligence and risk grading of your portfolio; evaluate and action credit requests, risk grading, and on‑going monitoring and management of a diverse portfolio of risk including traditional credit products, markets products (derivatives, trading, and financing), intraday liquidity facilities, and other credit exposures
• Demonstrate sound credit judgement and effective risk monitoring through collaboration across multiple lines of business and credit teams
• Manage the daily risk demands of a portfolio of clients, evaluating and executing on a variety of transactions for insurance companies and similar financial institutions
• Oversee transaction execution, including client analysis, preparation of credit approval materials, lead discussions with bankers, legal documentation negotiation, setup of credit facilities and ongoing monitoring of clients post transaction approval
• Build strong relationships and maintain open communication channels with colleagues across the firm, including bankers, operations, legal, and finance
• Monitor clients and update key stakeholders on important developments with regard to clients or industry and potential impact on credit ratings
• Stay informed about the evolving economic, legislative, and regulatory environment that impacts the insurance sector
• Provide leadership and input into key projects and contribute to process and efficiency improvement initiatives
• Manage, train and mentor the team's junior credit officers, fostering their development and growth

• Bachelor's Degree required
• 7+ years of credit risk experience within a bank or other financial services entity
• Highly proficient in insurance company credit analysis
• Knowledge of GAAP and statutory accounting: ability to analyze financial statements
• Deep understanding of financial products, corporate finance and market dynamics
• Experience negotiating loan and trading documentation
• Outstanding verbal and written communication skills; strong client interaction abilities
• Proven ability to perform well under pressure in a demanding environment
• Highly proficient in Excel, PowerPoint and Word

• Completion of a bank's formal credit training program
• Advanced degree (MA, MBA, CFA) preferred
• Corporate finance and accounting coursework

JPMorgan

Chase, 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…