Credit Risk Officer provides analysis and evaluation in order to reduce credit risk for a financial institution. Extracts data from a variety of sources and uses data to build simple to moderately complex financial models that predict risk exposure. Being a Credit Risk Officer prepares performance reports for management. Requires a bachelor's degree. Additionally, Credit Risk Officer typically reports to a supervisor or manager. The Credit Risk Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Credit Risk Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
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.
As a Senior Credit Officer – Vice President in Business Banking, you will be responsible for conducting due diligence, review, underwrite and decision all credit requests where total client exposure is between $5MM - $10MM. Additional duties include decisioning renewal requests, completing annual reviews of larger credit exposures and maintaining relationships with key functional partners (Sales, Operations, Legal, Compliance and Risk). You will appropriately assess the risk in the portfolio, ensuring that divisional risk and underwriting team partners decision all credit transactions according to Business Banking (BB) guidelines. Senior Credit Officer will assess pending credit requests, escalating any heightened risks identified. Senior Credit Officer works with Divisional Risk Manager(s), Portfolio Manager(s) and Managed Assets partners to ensure the portfolio and individual credits are managed properly and within BB guidelines. As part of the management team, the incumbent will be expected to identify opportunities to improve controls and efficiencies as well as lead change through identified projects.
Job Responsibilities
Required qualifications, capabilities, and skills