Special Credits Director

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.

About the role

As a Special Credits Director within the Special Credits Group (SCG), you will manage a portfolio of stressed and distressed borrowers, with a focus on risk management and maximizing recovery of the firm's credit exposure through early intervention and financial restructuring. This is a great opportunity to join a well-established team supporting Commercial & Specialized Industries. You will partner with colleagues across functions and lines of business, as well as external stakeholders, to develop and execute restructuring and recovery strategies while preserving key client relationships.

Responsibilities

• Partner with company management, syndicate lenders, financial advisors, and external counsel to develop and execute solutions that optimize repayment and recovery while preserving important client relationships.
• Support internal transaction teams on amendments, waivers, and restructurings involving complex legal, financial, reputational, and cross-jurisdictional considerations; coordinate with Payments and Operations partners to mitigate settlement and payment risk.
• Contribute to credit decisioning in active stressed/distressed situations, including advisory and managed engagements.
• Prepare quarterly credit surveillance updates, and support accounting and regulatory reporting for portfolio exposures.
• Develop exposure management strategies, evaluate loan sale opportunities, prepare valuations for securities and other instruments received through restructurings, and recommend trading/disposition strategies.

Requirements

• 7 years experience in Corporate Credit Risk Management and/or Leveraged Finance.
• Restructuring experience or leveraged finance structuring experience.
• Strong verbal and written communication skills.
• Ability to perform effectively under pressure in a demanding environment.

Preferred Qualifications

• Experience with bankruptcy processes.
• Strong network across major restructuring financial advisory and legal firms.

About Us

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.

Benefits

• Comprehensive health care coverage.
• On-site health and wellness centers.
• Retirement savings plan.
• Backup childcare.
• Tuition reimbursement.
• Mental health support.
• Financial coaching.

Additional details about total compensation and benefits will be provided during the hiring process.

Pay

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 and contributions.

About The Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.