Risk Management - Senior Credit Officer - Chase Auto Commercial Solutions - Senior Associate

As a Senior Credit Officer within Risk Management and Compliance, you will be responsible for analyzing commercial loans to prospects/existing customers, collaborating with banking partners, and structuring transactions that are consistent with our company's policies and procedures. You are expected to take ownership of the credit process and possess the ability to multi-task, prioritize deal flow and meet delivery deadlines, while making decisions in the best interest of the customer and organization. You are expected to possess and apply a broad understanding of the business environment including the auto industry, current events, and economic cycles.

The Commercial Solutions Risk team specializes in floorplan lines of credits, real estate loans, acquisition loans, working capital loans, and treasury products to our 450 plus franchised retail automobile dealers. We are searching for an experienced Senior Commercial Credit Officer to manage a portfolio of approximately $500 million in loan commitments representing our largest and most complex relationships.

Job Responsibilities

• Utilizing 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
• Determining capacity of operating entities to repay their financial obligations through analysis of company-prepared/audited financial statements and detailed cash flow analysis
• Completing obligor and facility risk ratings with documented rationale for the final risk grades
• Actively take full ownership of your portfolio management responsibilities including annual reviews, loan modifications, covenant breaches inventory audits, overline management, and analyzing trends in key dealer metrics
• Mentoring and training of analysts who support your portfolio management activities
• Interacting with clients, virtually or in person, in conjunction with the Bankers
• Leading/contributing to special projects related to credit topics and issues
• Working proactively, in a constructive, diplomatic manner, with both internal and external contacts to keep transactions moving.
• Demonstrating excellent communication skills both internally and externally and using those communication skills to effectively solve problems

• Bachelor of Arts in Finance, Accounting, Business Administration, Economics, or equivalent work experience if non-Finance related degree or Master of Business Administration
• 3+ years commercial credit analysis / automotive captive experience, with significant knowledge of accounting, risk grading, cash flow analysis, financial statement analysis, franchise value analysis, loan structuring, and market
• Hands-on experience analyzing commercial loans to franchised auto dealerships, or equivalent, including floor plan, real estate, and acquisition lending
• Superior analytical, interpersonal, analysis, and problem-solving skills supported by excellent written and verbal communication including presenting to executive-level management
• Demonstrated judgment and ability to act decisively
• Expert knowledge of credit philosophy and policies, understanding of commercial loan documentation requirements, and related legal issues
• Thorough knowledge of the Bank's policies and procedures, as well as its products and their inherent risks

Chase is a leading financial services firm, helping nearly half of America's households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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.

Equal Opportunity Employer/Disability/Veterans

Base Pay/Salary
Chicago,IL $123,500.00 - $230,000.00 / year