44 applicants

Company

Original Job Post

JPMorgan Chase & Co. · 3 days ago

Risk Management - Special Credits Executive Director

New York, NY

Full-time

Onsite

Executive

10+ years exp

Wonder how qualified you are to the job?

Maximize your interview chances

Asset ManagementBanking

H1B Sponsorship

Actively Hiring

Growth Opportunities

Insider Connection @JPMorgan Chase & Co.

Discover valuable connections within the company who might provide insights and potential referrals, giving your job application an inside edge.

Responsibilities

Support the Commercial Bank OREO Team in the management and disposition of bank-owned commercial real estate.

Manage a portfolio of bank-owned commercial real estate properties in the role of OREO Officer to protect the Bank from reputational, compliance, and legal risks, while maximizing the recovery to the Bank on the disposition of the properties.

Interface with the Special Credits Group (SCG), Credit Originations, real estate brokers, property management companies, in-house counsel, and outside counsel to determine the best solution for the disposition of bank-owned commercial properties. Lead negotiations when the Bank is in an Agent role on syndicated bank-owned commercial properties.

Interview, hire, and manage commercial real estate brokers, property management companies, and other vendors.

Review, negotiate, and execute management agreements, leases, purchase and sale agreements, and other legal documents.

Analyze monthly financial reports, oversee creation and adherence to the budget, work with property manager on the strategy for each property, and work with internal accounting to maintain accurate and timely reporting.

Prepare Asset Disposition Plans for the approval of budgets, fair market values, carrying values, minimum sale prices, and disposition strategies.

Present recommendations and updates on OREO properties to internal and senior management.

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Real Estate ManagementSyndicate ManagementExcelPowerPointProblem-SolvingClear CommunicationSelf-DirectedWork Under PressureCommercial Real EstateArgusRockport VALSales

Required

Bachelor’s degree.

10 years of professional experience related to the management and disposition of commercial real estate properties, including exposure to managing large syndicates as Agent.

Strong, clear, and concise verbal and written communication skills.

Strong Excel and PowerPoint skills.

High degree of initiative, self-direction and ability to work well under pressure in a demanding environment.

Preferred

Knowledge of Argus and Rockport VAL a plus.

Prior management and sales experience preferred, especially in commercial real estate properties.

Benefits

Comprehensive health care coverage

On-site health and wellness centers

Retirement savings plan

Backup childcare

Tuition reimbursement

Mental health support

Financial coaching

Company

JPMorgan Chase & Co.

Glassdoor

4.0

With a history tracing its roots to 1799 in New York City, JPMorgan Chase is one of the world's oldest, largest, and best-known financial institutions—carrying forth the innovative spirit of our heritage firms in global operations across 100 markets.

Founded in 2000

New York, New York, USA

10,001+ employees

http://www.jpmorganchase.com

H1B Sponsorship

JPMorgan Chase & Co. has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Trends of Total Sponsorships

2023 (2462)

2022 (3868)

2021 (3211)

2020 (2556)