Risk Management - Dealer Commercial Services Credit Officer - Associate

JobID: 210625113

Category: Credit Risk

JobSchedule: Full time

Posted Date: 2025-05-20T14:36:51+00:00

JobShift:

Base Pay/Salary: Chicago,IL $77,900.00-$115,000.00

As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks and using your expert judgement to solve real-world challenges that impact our company, customers, and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo, and striving to be best-in-class.

As a Dealer Commercial Services Credit Officer within the Dealer Commercial Services team, you will specialize in floorplan lines of credits, real estate loans, acquisition loans, working capital loans, and treasury products to our 500+ franchised retail automobile dealers. We are searching for an experienced Credit Officer to manage a portfolio of approximately $250 million in loan commitments. As a part of the team, you will be responsible for completing risk analysis of commercial loans to customers, collaborating with banking partners, and structuring transactions that are consistent with our company's policies and procedures. In this role you are expected to take ownership of the credit process, possess ability to multi-task, prioritize deal flow and meet delivery deadlines, thus helping your partners in making decisions in the best interest of the customer and organization. You will possess and apply a broad understanding of the business environment including the auto industry, current events, and economic cycles.

Job Responsibilities

• Utilize excellent commercial credit skills to prepare written credit reviews which assesses credit opportunities, identifies key risks with appropriate structures to mitigate risks including covenants, terms, and conditions for approval.
• Determine capacity of operating entities to repay their financial obligations through analysis of company-prepared/audited financial statements and detailed cash flow analysis.
• Complete obligor and facility risk ratings with documented rationale for the final risk grades.
• Actively manage portfolio responsibilities including annual reviews, loan modifications, covenant breaches, inventory audits, overline management, and analyzing trends in key dealer metrics.
• Interact with clients, virtually or in person, in conjunction with the Banker.
• Work proactively, in a constructive, diplomatic manner, with both internal and external contacts to keep transactions moving.
• Demonstrate excellent communication skills both internally and externally and using those communication skills to effectively solve problems.

Required Qualifications, Capabilities and Skills

• Bachelor's Degree required with a focus in Finance, Accounting, Business Administration or Economics.
• 1+ years commercial risk analysis, with thorough knowledge of accounting, risk grading, cash flow analysis, financial statement analysis, and loan structuring.
• Hands-on experience analyzing commercial loans to franchised auto dealerships, or equivalent, including floor plan lending.
• Superior analytical skills supported by excellent written and verbal communication skills.
• Demonstrated judgment and ability to act decisively.
• Knowledge of credit philosophy and policies, understanding of commercial loan documentation requirements, and related legal issues.

Preferred Qualifications, Capabilities and Skills

• Master of Business Administration.
• Thorough knowledge of the Bank's policies and procedures, as well as its products and their inherent risks.
• Prior experience in US Market and Auto Industry.