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Commercial Bank Risk - Credit Risk Manager (Asset Based Lending)

Req #: 180003518
Location: Chicago, IL, US
Job Category: Accounting/Finance/Audit/Risk
Potential Referral Amount: 0 US Dollar (USD)

As a Credit Risk Manager in Chase Business Credit your responsibility will be to manage an assigned portfolio of Commercial Banking clients who have Asset Based loans.  CBC Credit Risk Managers lead the client credit relationship with CB Bankers who manage the overall relationship.  The role involves extensive interaction with clients, other product partners, internal and external legal counsel, lenders and investors.    

     

     

CBC Credit Risk Managers:    

  • Leads all aspects of the credit relationship, including credit analysis, financial modeling and coordinating credit approval for all products including loans, derivatives, leases and cash management 
  • Proactively support and enhance client relationships 
  • Leadership role in assigning and assessing internal ratings, risk assessment and risk mitigation.  Recommend changes in structure or account management strategy to address negative trends.  Assess monthly, quarterly and annual financial statements and borrowing base reporting   
  • Leadership role in structuring and negotiating Credit Agreements, amendments and waivers.  Manage and monitor loan products including affirmative, negative and financial covenant compliance.  Manage ongoing communication with bank group members   
  • Interpret collateral appraisals and field exams. Ongoing monitoring of collateral trends and liquidity, establishing reserves and recommending appropriate course of action to address issues 
  • Partner with Bankers, Debt Capital Markets, Treasury Services, Leasing, Derivatives and Loan Operations 
  • Communicate with Senior Management, respond to regulatory requests and maintain internal credit files
  • Train and mentor junior team members
  • Train and mentor junior team members
  • Minimum 6 years experience in Risk and Asset Based financing knowledge strongly preferred  
  • Strong understanding of capital markets, financing structures, derivatives and cash management products as well as related documentation
  • Excellent communication skills - both written and verbal
  • Ability to multitask in a fast paced environment
  • Bachelor's degree in Accounting or Finance preferred
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