Risk Management - Credit Risk Vice President - Insurance Coverage

Bring your expertise to JPMorganChase.

As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase 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.

As a Credit Risk Vice President on the Commercial and Investment (CIB) Risk Insurance team, you will leverage your analytical abilities and industry knowledge to make and support credit decisions for a diverse portfolio of clients.

You will manage exposure to a variety of insurance companies and related financial institutions, demonstrate sound credit judgement and build strong relationships across the firm.

Job Responsibilities


* Manage exposure to a client base consisting of North American Life, Property & Casualty, Reinsurance, Insurance Brokers and other related financial institutions


* Lead due diligence, 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


* Train and mentor the team's junior credit officers, fostering their development and growth

Required Qualifications, Capabilities and Skills


* Bachelor's Degree


* 7+ years of credit risk experience within financial services


* Highly proficient in insurance company credit analysis


* Knowledge of GAAP and statutory accounting and ability to analyze financial statements


* Strong understanding of financial products, corp...