Risk Management - Credit Risk Insurance - Executive Director

JPMorgan Chase & Co. • New York, NY

9h

About The Position

Bring your expertise to JPMorganChase. 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.

As an Executive Director within the Commercial and Investment Bank (CIB) Credit
Risk team, you will focus on credit analysis and complex credit decisions across
a diverse portfolio of insurance clients. You will collaborate closely across
the firm and lead change through targeted projects that improve controls and
efficiency.

Requirements

• Bachelor’s degree
• 10+ years in commercial and investment banking, credit risk, and portfolio management
• 3+ years of insurance industry expertise
• Proficient in insurance company credit analysis leveraging both GAAP and Statutory accounting frameworks
• Strong understanding of insurance regulatory regimes in the US and Bermuda
• Deep familiarity with corporate banking products, treasury management, capital markets, structured finance, corporate finance, and derivatives, including related documentation; experience negotiating loan and trading documentation is required
• Excellent communication and presentation skills - both written and verbal
• Executive presence and ability to think critically and multitask in a dynamic and fast-paced environment
• Track record of success coaching, developing and retaining high performing analysts and associates

Responsibilities

• Manage a portion of the North American Insurance portfolio across Life, Property & Casualty, Reinsurance, Brokers, and related financial institutions
• Evaluate and execute complex credit requests for new and existing clients, spanning traditional credit, markets products (derivatives, trading, and financing), payments products, and other credit exposures
• Lead end-to-end execution related to credit requests: diligence, risk grading, credit approval materials, legal documentation negotiation, facility setup, and post-approval monitoring
• Oversee ongoing portfolio management. Demonstrating sound credit judgement and effective risk monitoring through ongoing client diligence and industry analysis conducted in collaboration with partners across other lines of business 
• Monitor market, economic, legislative, and regulatory developments affecting the insurance sector; brief stakeholders on client and industry risk profiles, including potential rating impacts
• Build strong relationships and maintain open communication with coverage bankers, product partners, operations, legal, and finance to ensure effective risk monitoring and execution quality 
• Lead analytical projects focusing on client and industry risks, and contribute to process and efficiency improvements across Insurance Credit
• Train and mentor junior credit officers, fostering development and growth where appropriate

Benefits

• 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.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive