Risk Management - Asset Based Lending Credit Officer - Vice President

Location: Dallas, TX, United States

Job Family: Credit Risk

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a strong commitment to innovation and client success. The Risk Management - Asset Based Lending Credit Officer - Vice President role within our Commercial Banking division is pivotal in supporting corporate clients by providing tailored working capital solutions. Based in Dallas, TX, this position focuses on the Asset Based Lending (ABL) team, which specializes in revolving lines of credit secured by liquid assets like accounts receivable and inventory, as well as fixed asset loans. As a Vice President, you will play a key role in the Credit Risk category, ensuring robust risk mitigation while driving business growth in a dynamic financial landscape. In this role, you will lead the underwriting process for ABL facilities, conducting detailed financial analysis, collateral appraisals, and risk evaluations to support deals ranging from mid-market to large corporate borrowers. You will collaborate closely with origination teams to structure facilities that align with JP Morgan's risk appetite and regulatory standards, while monitoring an assigned portfolio to identify early warning signs of credit deterioration. Your expertise will be essential in performing field exams, interpreting borrowing base certificates, and recommending adjustments to covenants or pricing to optimize returns and minimize losses. This position demands a proactive approach to staying informed on industry trends, such as supply chain disruptions or economic shifts, and their impact on collateral values. JP Morgan Chase values professionals who thrive in a collaborative, high-performance culture. As a Credit Officer, you will contribute to credit committees, prepare insightful reports for senior leadership, and mentor junior team members, fostering a culture of excellence in risk management. This role offers the opportunity to leverage cutting-edge technology and data analytics to enhance decision-making, all while advancing your career in one of the world's most respected financial institutions. If you have a passion for credit risk and asset finance, join us to help power the progress of our clients and the firm.

Key Responsibilities

• Underwrite and approve asset-based lending facilities, including working capital revolvers and fixed asset loans for corporate clients
• Conduct thorough due diligence on borrower financials, collateral quality, and industry risks
• Perform ongoing portfolio monitoring, including field examinations and collateral audits to ensure compliance with borrowing base certificates
• Collaborate with relationship managers, legal teams, and syndication groups to structure complex deals
• Assess and mitigate credit risks, recommending pricing, covenants, and risk ratings
• Prepare credit memos, risk reports, and presentations for senior management and credit committees
• Stay abreast of market trends, regulatory changes, and economic factors impacting asset-based lending
• Support business development by providing credit expertise to grow JP Morgan's ABL portfolio
• Manage a portfolio of credits, ensuring timely renewals, amendments, and workouts as needed

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field
• Minimum of 7-10 years of experience in credit risk management, with a focus on asset-based lending or commercial lending
• Proven track record in underwriting and structuring revolving credit facilities for corporate clients
• Strong understanding of collateral valuation, including inventory, accounts receivable, and fixed assets
• Experience in financial analysis, credit modeling, and risk assessment within the financial services industry
• Knowledge of regulatory requirements such as Basel III, Dodd-Frank, and OCC guidelines for lending practices

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) or relevant certifications (e.g., CFA, CPA)
• Prior experience at a major financial institution like JP Morgan Chase in asset-based finance
• Familiarity with syndicated lending and participation in large-scale corporate financing deals
• Background in monitoring portfolio performance and managing distressed credits

Required Skills

• Expertise in financial modeling and credit analysis tools (e.g., Excel, Moody's Analytics)
• In-depth knowledge of asset-based lending structures and collateral management
• Strong analytical skills for evaluating financial statements and cash flow projections
• Proficiency in risk assessment methodologies and stress testing
• Excellent communication skills for presenting complex credit decisions
• Attention to detail in reviewing legal documents and borrowing base reports
• Project management abilities to handle multiple deals simultaneously
• Regulatory compliance knowledge specific to banking and lending
• Negotiation skills for structuring terms with clients and counterparties
• Adaptability to fast-paced environments and emerging market risks
• Team collaboration for cross-functional initiatives
• Technical proficiency in data analytics and reporting software
• Strategic thinking for portfolio optimization
• Ethical judgment in high-stakes credit decisions

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company matching
• Paid time off, including vacation, sick leave, and parental leave
• Professional development programs and tuition reimbursement for advanced education
• Employee stock purchase plan and access to JP Morgan's global mobility opportunities
• Wellness programs, including gym memberships and mental health support
• Flexible work arrangements and hybrid work options in Dallas, TX

JP Morgan Chase is an equal opportunity employer.