Credit Firm Specialist, Vice President

Wealth Management - Private Bank - Letters of Credit, Firm Specialist, VP

JPMorgan Chase & Co.

is a leading global financial services firm with assets of more than $2.7 trillion, over 240,000 employees and operations in over 60 countries.

It operates across four business segments including Asset & Wealth Management, Corporate and Investment Banking, Commercial Banking and Consumer and Community Banking.

J.P.

Morgan Asset & Wealth Management, is a global leader in investment and wealth management.

Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world.

The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds.

For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.

J.P.

Morgan Private Bank advises the world's wealthiest families and helps them achieve their desired goals.

Our teams of Advisors deliver advice, solutions and services across investments, wealth planning, credit and banking to help clients build, preserve and manage their wealth over time.

As apart of the Firm Management (FM) team, we offer tailored liquidity solutions on behalf of asset managers, including Professional Loan Programs, Subscription Facilities, Management Company Solutions, and standby letters of credit services, collectively "Institutional Product Suite".

This role will work closely with key stakeholders across the Firm - such as Private Bankers, Lending Specialists, Credit Risk, Underwriters, Loan Servicing, Legal and department managers - as part of a highly collaborative team.

Primary Function:


* Support the Lender with new Institutional Product Suite origination
+ This role will focus primarily on the issuance and maintenance of standby letters of credit
+ Structure and implement customized loan programs for asset managers.
+ Communicate directly with clients, private bankers and lenders, underwriters, legal counsel, credit risk and loan closing teams throughout the program development process.
+ Develop and prepare program term sheets and due diligence needs lists, as well as review and understand entity documentation, loan documents, financial statements and credit approval memos.
+ Assist the underwriters by obtaining all necessary documentation from the client, and help respond to any underwriting or credit risk questions.
+ Partner with lender and legal counsel on document negotiations and oversee the approval and rollout of new programs.



* Portfolio Management
+ Effectively oversee and support the management of a portfolio of existing Institutional Product Suite.
+ Communicate directly with clients and serve as primary point of contact for standby letters of credit.
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