Risk Management - Asset Based Lending Field Exam - Vice President

Bring your expertise to JPMorgan Chase. 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 Field Exam Lead in Specialized Industries Risk, you play a key role in upfront and ongoing due diligence related to secured credit facilities (from less than $1 million to in excess of $1.5 billion) by analyzing prospect/client collateral and financial information to complete examinations. We are required to document procedures performed in work-papers and complete a written report summarizing the results of the review. As a member of the deal team you will provide risk assessments to business partners in conjunction with completion of the examination. Examinations are performed on the client's premises so depending on the client location, 10 - 50% overnight travel and a valid driver's license is required.

Job responsibilities

• Obtain and analyze client accounts receivable, inventory, and accounts payable data and historical performance
• Obtain an overview and understanding of the client's collateral and financial performance
• Preparing (new credit facility) or verifying/validating (existing credit facility) a borrowing base calculation
• Testing/validation of collateral through review of source documentation
• Verify the existence of inventory through physical inspection
• Conduct a high level assessment of internal controls and financial reporting
• Documenting tasks performed on Excel based Field Exam template
• Oversee and mentor Analysts
• Prepare a written report using Field Exam template
• Generally work in teams (often teams of 2) and must be able to build strong customer relationships while performing an accurate review of collateral.
• Communicate frequently with internal business partners.

Required qualifications, capabilities, and skills

• Minimum 7 years commercial lending, Field Exam, accounting or auditing experience
• Strong interpersonal and relationship development skills
• Effective business writing skills
• Proficiency in Microsoft Excel, Word, Outlook and data mining tools
• Analytical skills with attention to detail and accuracy
• Intellectual curiosity and ability to problem solve
• Ability to think critically while working in a fast paced environment

Preferred qualifications, capabilities, and skills

• BS in Accounting, Finance or Economics strongly preferred, other majors considered based on experience
• Previous experience managing a team of Field Examiners is a plus
• Monarch and Stucky ABL knowledge is helpful
• CPA (Certified Public Accountant) or Public Accounting
• CFE (Certified Fraud Examiner)

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans

Base Pay/Salary
Irvine,CA $113,050.00 - $185,000.00 / year