CCB Risk - Auto Finance/Dealer Commercial Services - Underwriter, Associate - Phoenix, AZ or Dallas, TX

Job description

JPMorgan Chase & Co . (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world"s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .

The Chase Dealer Commercial Services Group (DCS) is a commercial lending unit of Chase Auto Finance and lends primarily to auto dealerships. Chase DCS is the largest bank-owned floor plan lender in the country.

The Position
As an Underwriter in DCS, your primary role is to take ownership of your portfolio and to utilize excellent credit skills to work independently on the portfolio of relationships assigned to you. You will appropriately assess the risk of each borrower, diligently manage the portfolio (i.e. renewals, modifications, managing the credit metrics), and meet customer deadlines. You will be a partner to the Bankers in the Market, striving to balance sales and credit quality goals. You will be looked to as an expert on structuring and Credit Policy and will be the go to person for the Bankers. You will be looked upon as a leader both within and outside of Underwriting and you will provide depth to the local credit leadership team.

Responsibilities include but are not limited to:
· Taking ownership of your portfolio, acting with a sense of urgency, doing whatever it takes to effectively get the job done.
· Utilizing excellent credit skills to author well thought out and concise analysis of DCS relationships using appropriate structure and identifying key risks.
· Work in partnership with the Bankers to develop positive Client relationships including being looked to as the go to person when the Banker is out.
· Working proactively, in a constructive, diplomatic manner, with both internal and external contacts to keep transactions moving.
· Demonstrating excellent communication skills both internally and externally and using those communication skills to effectively solve problems.
· The ability and courage to voice your opinion in a clear, concise manner and to defend that position with Management.

Desired profile

BA/ BBA/MBA, completion of a major corporate bank credit training program (or the equivalent corporate banking / corporate finance experience) and typically a minimum of 3 years in commercial banking / lending experience which might include credit, structuring and marketing. Possesses significant accounting and finance knowledge, and commercial banking experience. Demonstrated superior verbal and written skills, interpersonal skills, and analytical, problem solving skills.