Risk Management - Insurance - Credit Risk Vice President jobs in United States
cer-icon
Apply on Employer Site
company-logo

Chase · 2 months ago

Risk Management - Insurance - Credit Risk Vice President

JPMorgan Chase is a leading financial services firm, and they are seeking a Vice President on the Insurance team. The role involves leveraging analytical abilities and industry knowledge to support credit decisions for a diverse portfolio of clients while managing exposure to various insurance companies and financial institutions.

BankingFinancial Services

Responsibilities

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

Qualification

Credit risk experienceInsurance company credit analysisFinancial products knowledgeGAAPStatutory accountingLoanTrading documentation negotiationClient interaction abilitiesExcel proficiencyPowerPoint proficiencyWord proficiencyVerbal communication skillsWritten communication skills

Required

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

Preferred

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

Company

Chase provides broad range of financial services. It is a sub-organization of JP Morgan Chase.

Funding

Current Stage
Late Stage

Leadership Team

leader-logo
Mike McDonnell
Managing Director, Head of Chase Travel Platform Product
linkedin
leader-logo
Nicole Sanchez
Managing Director, Consumer Bank, GM and Product Executive, Growth Financial Products
linkedin
Company data provided by crunchbase