JPMorgan Chase Wealth Management, CMO Securities Based Lending, Lender in Westerville, Ohio
About JP Morgan Asset & Wealth Management
J.P. Morgan Asset & Wealth Management, with client assets of $2.4 trillion, is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.
Wealth Management Operations supports the JPMorgan Private Bank in JP Morgan’s Asset & Wealth Management line of business. The Private Bank is the world’s premier service provider for ultra and high net worth individuals. Our goal is to help these affluent individuals across the globe optimize their wealth, after taxes and across generations. WM Operations provides end-to-end support for all aspects of the client experience, working closely with capital advisory, operations, risk and finance.
The Securities Based Lending (SBL) team is a center of excellence designed to handle a high volume of lower risk credit transactions including Advised Lines, Asset Account Lines of Credit (AALOCs), Term Loans, and Letters of Credit all fully secured by high quality marketable securities with standard loan documentation. SBL promises two day turnaround on credit approval and sending out loan documentation. The Lender is responsible for managing a specific credit portfolio. The role includes analyzing, negotiating, pricing and documenting lines of credit and standby letters of credit. Also includes the review of other transactions that have an element of credit risk, including the annual review of existing products.
Bachelor degree in a related field required
Candidates should have 3-5 years of private banking/asset management, and some credit/lending experience
Strong communication and interpersonal skills
Good organizational skills and ability to work with minimal supervision in a high production and fast-paced environment
General understanding of financial markets and securities industry
Ability to work well in an integrated team alongside a range of personality types
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.