What are the responsibilities and job description for the Vice President - Portfolio Finance Middle Office position at JPMorganChase?
Job Description
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
JPMorganChase, 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. 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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About The Team
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
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
- 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
- Prior knowledge of loan product or trading operations
- Experience in calculating borrowing bases
- Prior knowledge of accrual basis accounting
- Experience with Loan IQ
JPMorganChase, 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. 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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About The Team
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
