Risk Management - Credit Risk Vice President - Bank and Broker Dealers

Location: Plano, TX, United States

Job Family: Credit Risk

About the Role

JPMorgan Chase & Co. is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. We are seeking a seasoned Risk Management - Credit Risk Vice President to join our Corporate & Investment Bank division in Plano, TX. In this pivotal role, you will lead credit risk oversight for a diverse portfolio of banks and broker-dealers, playing a critical part in safeguarding the firm's interests amid complex financial landscapes. This position demands a strategic thinker with deep expertise in institutional credit, capable of navigating regulatory complexities while driving business growth. As a Vice President, you will report to senior risk leadership and collaborate with cross-functional teams to ensure robust risk frameworks that align with JPMorgan Chase's commitment to integrity and innovation. Your primary focus will be on managing the full lifecycle of credit risk for financial institution clients, from initial underwriting to ongoing surveillance. This includes performing in-depth credit analyses, leading stress testing exercises, and recommending risk-adjusted pricing strategies. You will foster a high-performing team environment, mentoring analysts on best practices in credit evaluation and portfolio optimization. At JPMorgan Chase, we emphasize data-driven decision-making, so you will leverage advanced analytics tools to monitor portfolio health and identify early warning signals. Your contributions will directly influence key business decisions, ensuring that our wholesale banking activities remain resilient against economic downturns and market volatilities. We value professionals who thrive in dynamic, collaborative settings and are passionate about the evolving financial services industry. This role offers exposure to high-profile transactions and opportunities to influence firm-wide risk policies. If you have a proven track record in credit risk leadership and a dedication to excellence, join JPMorgan Chase to advance your career while contributing to our mission of enabling the world's most important companies to achieve their ambitions.

Key Responsibilities

• Lead the credit risk management function for a portfolio of banks and broker-dealers, ensuring alignment with JPMorgan Chase's risk appetite and policies
• Oversee the end-to-end credit approval process, including due diligence, rating assessments, and covenant monitoring
• Develop and implement credit risk strategies to mitigate potential losses in volatile financial markets
• Conduct portfolio reviews, stress testing, and scenario analysis to identify and address emerging risks
• Mentor and develop a team of credit analysts, fostering a culture of excellence and continuous improvement
• Collaborate with business lines, compliance, and senior management to support strategic initiatives in wholesale banking
• Monitor regulatory changes and ensure adherence to industry standards and internal governance
• Provide expert advice on complex credit transactions involving financial institutions
• Drive the adoption of innovative risk management tools and analytics within the team
• Report on key risk metrics and portfolio performance to executive leadership at JPMorgan Chase

Required Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field; advanced degree (MBA or Master's in Finance) preferred
• Minimum of 8-10 years of experience in credit risk management, with a focus on financial institutions such as banks and broker-dealers
• Proven track record in leading credit risk teams and managing diverse portfolios in a large financial services environment
• Strong understanding of regulatory frameworks including Basel III, Dodd-Frank, and CCAR requirements
• Experience in credit analysis, portfolio monitoring, and stress testing for institutional lending
• Ability to collaborate across departments in a global banking institution like JPMorgan Chase

Preferred Qualifications

• CFA, FRM, or similar professional certification
• Prior experience at a major investment bank or financial institution with exposure to wholesale banking
• Knowledge of advanced credit modeling and quantitative risk assessment tools
• Leadership experience in mentoring junior analysts and driving team performance metrics
• Familiarity with JPMorgan Chase's internal risk management systems and processes

Required Skills

• Expertise in credit risk modeling and quantitative analysis
• Proficiency in financial statement analysis and ratio calculations
• Strong knowledge of banking regulations and compliance standards
• Advanced Excel and data visualization tools (e.g., Tableau, Power BI)
• Experience with credit rating systems and portfolio management software
• Leadership and team management abilities
• Excellent communication and presentation skills
• Analytical thinking and problem-solving
• Risk assessment and scenario planning
• Project management in fast-paced environments
• Stakeholder collaboration across finance and risk functions
• Attention to detail in high-stakes financial decisions
• Adaptability to regulatory and market changes
• Strategic planning for risk mitigation
• Mentoring and coaching junior staff

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 days, and parental leave
• Professional development opportunities, including tuition reimbursement and access to JPMorgan Chase's internal training programs
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness programs at select locations
• Flexible work arrangements and relocation assistance for eligible roles

JP Morgan Chase is an equal opportunity employer.