Head of ABL -Commercial Bank - Managing Director

Location: Chicago, IL, United States

Job Family: Senior Executive

About the Role

JPMorgan Chase & Co. is a leading global financial services firm with assets of $3.9 trillion and operations worldwide. The Commercial Bank serves middle-market companies, real estate investors, and not-for-profits with a full suite of lending, payments, and investment banking solutions. We are seeking a dynamic and experienced Head of Asset Based Lending (ABL) - Commercial Bank - Managing Director to lead our National ABL Team. Based in Chicago, IL, this senior executive role reports to the Head of Commercial Banking and is pivotal in expanding our ABL offerings to support client growth in a competitive landscape. The ideal candidate will bring deep industry expertise to drive origination, manage risks, and deliver exceptional value to clients across sectors like manufacturing, retail, and wholesale. In this role, you will spearhead the strategic direction of the ABL team, overseeing a portfolio of asset-based facilities that leverage inventory, receivables, and other collateral to provide flexible financing solutions. Responsibilities include leading deal origination, structuring complex transactions, and ensuring robust risk mitigation through field exams and ongoing monitoring. You will collaborate closely with JPMorgan's broader ecosystem, including Investment Banking and Treasury Services, to offer integrated solutions that enhance client relationships and contribute to the firm's $200B+ commercial lending franchise. Success will be measured by portfolio growth, credit quality, and team performance in a high-stakes environment. At JPMorgan Chase, we value innovation, integrity, and inclusion. As Head of ABL, you will mentor a talented team, foster a culture of excellence, and leverage cutting-edge tools like AI-driven analytics to optimize operations. This position offers the opportunity to shape the future of ABL within one of the world's most admired financial institutions, with exposure to senior leadership and global opportunities. If you are a visionary leader passionate about commercial lending, join us to make an impact on clients and the industry.

Key Responsibilities

• Lead the National ABL Team within JPMorgan Chase's Commercial Bank, overseeing strategy, operations, and performance to drive revenue growth
• Develop and execute ABL business plans aligned with the Commercial Bank's overall objectives, targeting middle-market clients
• Manage risk assessment and credit underwriting for ABL facilities, ensuring compliance with internal policies and regulatory standards
• Build and maintain strategic relationships with key clients, sponsors, and internal stakeholders to expand ABL portfolio
• Oversee portfolio monitoring, including field examinations, collateral valuations, and covenant compliance
• Foster a culture of innovation by integrating advanced analytics and technology into ABL processes
• Mentor and develop team members, promoting diversity and inclusion within the group
• Collaborate with other Commercial Bank lines of business to deliver holistic financial solutions
• Report on key metrics, including loan origination volumes, delinquency rates, and profitability to senior leadership
• Stay abreast of industry trends, competitive landscapes, and regulatory changes impacting ABL

Required Qualifications

• Bachelor's degree in Finance, Business Administration, or a related field; MBA or advanced degree preferred
• 15+ years of progressive experience in asset-based lending (ABL) within the commercial banking sector
• Proven track record of leading high-performing teams in financial services, with direct P&L responsibility
• Deep expertise in ABL structures, including inventory, accounts receivable, and collateral management
• Strong regulatory knowledge of banking laws, including Basel III and Dodd-Frank, applicable to ABL operations
• Experience managing national or regional lending portfolios exceeding $1B in assets
• Demonstrated ability to drive business growth and client acquisition in competitive markets

Preferred Qualifications

• Prior leadership role in a major financial institution's commercial banking division
• Certification in credit analysis or risk management (e.g., CFA, CRMP)
• Experience with technology integration in lending platforms, such as loan origination systems
• Background in syndicated ABL facilities or cross-border lending
• Mentoring experience in developing junior lending professionals

Required Skills

• Expertise in ABL credit analysis and structuring
• Strong leadership and team management abilities
• Proficiency in financial modeling and forecasting
• Knowledge of banking regulations and compliance frameworks
• Excellent communication and stakeholder engagement skills
• Strategic thinking and business development acumen
• Risk management and portfolio optimization techniques
• Analytical skills for collateral evaluation and due diligence
• Project management for cross-functional initiatives
• Adaptability to fast-paced, dynamic financial environments
• Proficiency in Microsoft Office Suite and lending software (e.g., nCino, Moody's Analytics)
• Negotiation skills for deal structuring and client discussions
• Emotional intelligence for team motivation and conflict resolution
• Data-driven decision-making using KPIs and metrics
• Innovation in leveraging fintech for lending efficiency

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company match
• Paid time off, including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement
• Employee stock purchase plan and equity awards
• Wellness programs, including gym memberships and mental health support
• Flexible work arrangements and commuter benefits

JP Morgan Chase is an equal opportunity employer.