What are the responsibilities and job description for the Vice President - Portfolio Finance Middle Office position at JPMorgan Chase?
Intro Marketing Language:
Join a team that supports your career growth, advancement and expanding opportunities! At JPMorgan Chase we take pride in valuing our employees’ individualities, while supporting an inclusive culture of teamwork.
Job Summary:
As a Vice President - Portfolio Finance Middle Office within Custom Financing Support, you will lead a team of employees providing Middle Office (MO) and Loan Servicing support to the Portfolio Financing desk in support of their lending business. The Structured Finance product are specialized loans issued by JP Morgan Chase to provide liquidity to investment banking clients in order to fund purchases of debt and equity interest in middle market companies.
Job Responsibilities:
- Serve as leader of a team supporting all structured lending transactions entered into by the Portfolio Financing desk
- Manage and distribute workload amongst direct reports
- Liaise with technology and operational business partners to develop strategic solutions for new products and business enhancements
- Approve loan servicing transactions processed by direct reports in accordance with guidance documents
- Interpret language of structured financing credit agreements for input of deal triggers and compliance conditions including Market Value triggers, Portfolio value, and Concentration limits into primary firm risk management system
- Serve as primary escalation for client inquiries for the firm’s buy-side customers, including hedge funds and asset managers.
- Manage resourcing, capacity, and strategy for the Portfolio Finance Middle Office team
Required Qualifications, Capabilities, and Skills:
- 5 years of experience in financial operations
- Bachelor's degree in Finance or Business (or equivalent experience)
- Experience in managing teams of 5 individuals
- Excellent communication and interpersonal skills
- Demonstrated leadership abilities and strong teamwork skills
- Detail orientated individual that can work effectively under pressure
- Ability to multi-task and prioritize workload
- Strong problem solving, decision making, and analytical skills
Preferred Qualifications, Capabilities, and Skills:
- Prior knowledge of loan product or trading operations
- Experience in calculating borrowing bases
- Prior knowledge of accrual basis accounting
- Experience with Loan IQ
