Quality Control Manager ABL Collateral
About the role
Help protect the quality and integrity of our wholesale lending operations by strengthening controls that support evolving products and processes. You'll build deep expertise in reviewing complex credit facilities and the supporting documentation that underpins them. You'll partner closely with operations, credit, and control partners while developing a strong reputation for sound judgment and objective decision-making. This role offers meaningful visibility through exception and control reporting and opportunities to expand your scope as the business evolves.
Job Responsibilities
- Evaluate, identify, and report any inconsistencies between the supporting documentation relative to the borrowing base certificate entered in accordance with internal process and procedures.
- Ensure exception reporting is reviewed and actioned timely.
- Ensure control reporting is reviewed and actioned timely.
- Adhere to policies, procedures, processes, and Key Performance Indicators.
- Collaborate with Operations, Credit, and Controls in resolving items and preparing weekly ad hoc reports when requested.
Required Qualifications, Capabilities, And Skills
- Experience reading and interpreting loan documentation, client financial documentation, and borrowing base certificates.
- Experience in reading general ledgers, accounts receivable/payable and inventory.
- Understanding of the Asset Based Lending product.
- Ability to identify client ineligibles and calculate ineligibles based on rules outlined in the credit agreement.
- Demonstrate decision-making skills.
- Strong oral and written communication skills.
- Analytical mindset with the ability to probe sensitive issues while maintaining the highest level of integrity and objectivity.
- Ability to prioritize tasks and pivot in response to new developments.
Preferred Qualifications, Capabilities, And Skills
- Bachelor's Degree.
- Intermediate use of Microsoft Word, Excel, Access.
- Experience with loan accounting systems, such as LoanIQ, Dealworks, Aurora, ACE/collateral systems.
About Us
JPMorganChase, 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, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
ABOUT THE TEAM
J.P. Morgan's Global Banking business is one of the largest wholesale banking client franchises in the world. We serve clients, including corporations, governments, states, municipalities, healthcare organizations, education institutions, banks and investors. Commercial Banking provides credit and financing, treasury and payment services, international banking and real estate services to clients—including corporations, municipalities, institutions, real estate investors and owners, and not-for-profit organizations.