Originator - Asset Based Lending - Vice President

Location: New York, NY, United States

Job Family: Client Sales

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of delivering innovative banking solutions to our clients. As an Originator - Asset Based Lending - Vice President in our Commercial Banking division, you will play a pivotal role in providing asset-based lending facilities to middle-market companies, helping them unlock liquidity through their assets such as inventory, accounts receivable, and equipment. Based in our New York office, you will join a dynamic team focused on comprehensive financial solutions, including cash flow lending, treasury services, and capital markets access, all while upholding our commitment to responsible banking and client success in a competitive landscape. In this client-facing role, you will drive the origination process from lead generation to deal closure, leveraging your expertise in asset-based lending to structure facilities that align with client needs and JP Morgan Chase's risk appetite. You will conduct in-depth analysis of collateral values, perform borrowing base calculations, and collaborate with cross-functional teams to ensure seamless execution. Your efforts will contribute to expanding our asset-based lending portfolio, targeting industries like manufacturing, distribution, and retail, while navigating regulatory environments and market volatilities unique to the financial services sector. We value professionals who thrive in a collaborative culture and are passionate about fostering long-term client partnerships. This position offers the opportunity to work with sophisticated deals, gain exposure to senior leadership, and grow within one of the world's most admired financial institutions. If you have a proven track record in commercial lending and a drive to deliver exceptional results, join JP Morgan Chase to shape the future of asset-based financing.

Key Responsibilities

• Identify and originate new asset-based lending opportunities within JP Morgan Chase's Commercial Banking client portfolio
• Conduct thorough due diligence on client financials, collateral assets, and industry risks to structure tailored lending solutions
• Build and maintain strong relationships with middle-market clients to understand their financing needs and provide comprehensive banking solutions
• Collaborate with credit risk, legal, and syndication teams to underwrite and approve asset-based facilities
• Monitor portfolio performance, including borrowing base certifications and covenant compliance
• Develop and execute sales strategies to expand JP Morgan Chase's asset-based lending market share in the New York region
• Provide market insights and advisory services to clients on asset-based financing trends and alternatives
• Prepare and present deal proposals to senior management and clients, highlighting risk-return profiles
• Ensure all lending activities comply with JP Morgan Chase's internal policies and regulatory standards
• Mentor junior team members on asset-based lending best practices and client engagement

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, or a related field
• Minimum of 7-10 years of experience in asset-based lending, commercial lending, or related financial services roles
• Proven track record in originating and structuring asset-based lending deals for middle-market clients
• Strong understanding of collateral valuation, borrowing base calculations, and risk assessment in asset-based facilities
• Experience working with Commercial Banking clients in industries such as manufacturing, retail, or wholesale
• Series 7 and/or Series 63 licenses preferred, or willingness to obtain
• Ability to travel up to 25% for client meetings and site visits

Preferred Qualifications

• MBA or advanced degree in Finance
• Prior experience at a major financial institution like JP Morgan Chase
• Knowledge of regulatory requirements such as Dodd-Frank and Basel III in lending practices
• Bilingual skills, particularly in Spanish, for diverse client base in New York
• Experience with syndicated lending or capital markets integration

Required Skills

• Asset-based lending origination and structuring
• Financial modeling and analysis
• Collateral evaluation and appraisal
• Risk assessment and credit underwriting
• Client relationship management
• Negotiation and deal closing
• Regulatory compliance knowledge
• Market analysis and trend forecasting
• Presentation and communication skills
• Team collaboration and leadership
• Proficiency in Microsoft Excel and financial software
• Attention to detail and analytical thinking
• Adaptability in fast-paced environments
• Problem-solving and strategic planning
• Industry knowledge in commercial banking sectors

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with company matching contributions
• Generous paid time off, including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement for advanced education
• Employee stock purchase plan and access to financial wellness resources
• On-site fitness centers and wellness programs at JP Morgan Chase facilities
• Flexible work arrangements, including hybrid options in New York

JP Morgan Chase is an equal opportunity employer.