Risk Management - Credit Risk Vice President - Financial Institutions

Location: New York, NY, United States

Job Family: Credit Risk

About the Role

At JPMorgan Chase & Co., one of the world's leading financial services firms, our Corporate & Investment Bank division is at the forefront of helping clients navigate complex global markets. As a Vice President in Risk Management - Credit Risk within the Financial Institutions Group, you will play a pivotal role in safeguarding the firm's portfolio against credit risks associated with banks, insurance companies, asset managers, and other financial entities. Leveraging your expertise in credit analysis, you will make informed decisions that balance growth opportunities with prudent risk management, contributing to the stability and success of our $3.7 trillion asset base. This position, based in our New York headquarters, offers the chance to work on high-profile transactions and collaborate with elite teams in a dynamic, innovative environment. Your primary focus will be on performing rigorous credit assessments, including financial modeling, stress testing, and scenario analysis to evaluate the creditworthiness of counterparties. You will partner closely with origination, trading, and compliance teams to structure deals that adhere to JPMorgan's risk appetite and regulatory standards, such as those outlined in Basel III and the Comprehensive Capital Analysis and Review (CCAR). Responsibilities extend to monitoring portfolio performance, identifying emerging risks from market volatility or geopolitical events, and recommending proactive measures to mitigate potential losses. This role demands a deep understanding of the financial services industry, where you'll analyze balance sheets, liquidity positions, and capital adequacy ratios to inform credit ratings and limits. In addition to core analytical duties, you will prepare detailed credit memos for senior leadership and credit committees, ensuring clear articulation of risks and opportunities. You will also contribute to enhancing risk frameworks, mentor junior team members, and stay ahead of industry trends like digital transformation and ESG factors impacting financial institutions. At JPMorgan Chase, we value diverse perspectives and invest in your professional growth through world-class training programs and exposure to global markets. If you thrive in a collaborative yet challenging setting and are passionate about credit risk in the financial sector, this opportunity allows you to drive meaningful impact while advancing your career at a premier institution.

Key Responsibilities

• Conduct in-depth credit analysis and due diligence on financial institutions, including banks, broker-dealers, and insurance firms
• Develop and recommend credit strategies, limits, and risk ratings for the Financial Institutions portfolio
• Monitor ongoing credit exposures, identify early warning signs, and recommend mitigation actions
• Collaborate with origination teams to structure transactions that align with risk appetite
• Prepare comprehensive credit memos and present findings to senior management and credit committees
• Utilize advanced financial modeling tools to assess stress scenarios and potential impacts on the portfolio
• Stay abreast of regulatory changes and market trends affecting financial institutions
• Contribute to the development of risk policies and procedures for the Credit Risk team
• Support portfolio reviews and stress testing exercises in compliance with internal and external requirements
• Mentor junior analysts and foster a culture of risk awareness within the team

Required Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field
• Minimum of 7-10 years of experience in credit risk management, preferably within financial institutions
• Strong understanding of credit analysis, financial modeling, and risk assessment methodologies
• Proven track record in evaluating creditworthiness of banks, insurance companies, and other financial entities
• Experience with regulatory frameworks such as Basel III, Dodd-Frank, and CCAR
• Proficiency in financial statement analysis and portfolio risk management
• Ability to work in a fast-paced, high-stakes environment with cross-functional teams

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) from a top-tier institution
• Prior experience at a major investment bank or regulatory body
• Certification in credit risk (e.g., CFA, FRM)
• Knowledge of emerging risks in fintech and digital banking sectors
• International exposure to global financial markets and cross-border transactions

Required Skills

• Credit analysis and financial modeling
• Risk assessment and portfolio management
• Financial statement interpretation
• Regulatory compliance knowledge (Basel, Dodd-Frank)
• Excel and financial software proficiency (e.g., Moody's, Bloomberg)
• Analytical thinking and problem-solving
• Attention to detail and accuracy
• Communication and presentation skills
• Team collaboration and leadership
• Time management in high-pressure environments
• Quantitative analysis and data interpretation
• Strategic decision-making
• Adaptability to market changes
• Ethical judgment in risk evaluation
• Project management for credit reviews

Benefits

• Competitive base salary and performance-based annual bonus
• 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 leadership training
• Employee stock purchase plan and financial wellness programs
• On-site fitness centers, wellness stipends, and mental health support
• Flexible work arrangements and commuter benefits in New York

JP Morgan Chase is an equal opportunity employer.