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Showing 427 Credit Risk jobs in Chicago

Risk Management - Real Estate Credit Risk Associate

60684 Chicago JPMorgan Chase

Posted 1 day ago

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Job Description

Bring your expertise to JPMorganChase. As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As a Real Estate Credit Risk Associate on the Commercial and Investment Bank - Real Estate Credit Risk Team, you will work closely with top product bankers and other risk professionals. Your primary tasks will encompass independent risk assessment and credit approval of loans and lending-related commitments. You will work a client base of leading real estate, lodging, gaming, homebuilding and real estate service companies. The portfolio of credit products we manage, and monitor includes corporate resource traditional credit products (revolving credit facilities and term loans), real estate asset level financings, whole loan repos, risk retention, derivatives and treasury lines.
**Job Responsibilities**
+ Conduct credit analysis and facilitate senior credit officer approval of lending and trading related transactions, including operating exposures, individually or as part of a deal team
+ Create written credit approval documents, which include the spreading and presentation of historical financial statement information and the related financial analysis, as well as projections of future cash flows for large corporate borrowers
+ Develop a well-informed and forward-looking view of the business, financial and risks associated with a company and sector
+ Manage and monitor a portfolio of client credit exposures, across industry classes, on an ongoing basis
+ Participate in negotiating, finalizing, and executing documentation for loans and derivatives
+ Review and assign risk ratings and maintains updated credit research on their portfolio of clients
+ Actively manage existing CRE portfolio and participate in portfolio management / surveillance projects
**Required qualifications, capabilities and skills**
+ Bachelor's degree in Finance, Accounting, Business, Economics or similar discipline
+ Minimum 3 years of professional work experience in corporate/commercial credit, investment banking or relevant experience within financial services or rating agency
+ Academic training in the principals of accounting, corporate finance, capital markets products and macro economics
+ Strong financial analysis and modeling skills
+ Exceptional communication (verbal and written) and inter-personal skills
+ Proficiency in Microsoft Office Suite, Excel, PowerPoint and Word
**Preferred qualifications, capabilities and skills**
+ Prior experience with major corporate bank credit team and or credit rating agency
+ Prior experience around Real estate or Corporate credit
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
**Base Pay/Salary**
Chicago,IL $125,000.00 - $140,000.00 / year
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Credit Risk Python Architect

60684 Chicago U.S. Bank

Posted 8 days ago

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Job Description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.
**Job Description**
Are you a data minded Python developer with a drive to understand the "why" in what you do?
Can you integrate independent technologies to build a cohesive system?
Do you get excited by developing new solutions to old problems?
The Credit Model Ops Orchestration and Solutions team is responsible for design and deployment of custom orchestration platforms designed to support Credit Risk Administration credit models, analytics, and reporting.
We are seeking a Python developer / solutions architect to drive forward our next-gen model production platform. If you can connect the dots between Pandas / Polars, FastAPI, Docker, and Kubernetes we want to talk to you.
**Basic Qualifications**
- Bachelor's degree in a quantitative field, and eight or more years of relevant experience
OR
- MA/MS in a quantitative field, and five or more years of related experience
OR
- PhD in a quantitative field, and four or more years of related experience
**Ideal Experience**
+ Dev-Ops
+ Managing containerized applications with Kubernetes, Docker, and Helm
+ Shell scripting
+ Git / Git-Ops
+ Database schema design
+ Apache Airflow
+ Model implementation / development / control design
+ SQL query development
+ Thorough data compilation, programming skills and qualitative analysis skills
+ Thorough knowledge of the quantitative and qualitative risk factors, industry risks, competition risks, and risk management approaches
+ Advanced understanding of applicable regulatory rules, guidance, or supervisory lettersAbility to manage multiple tasks across various timelines
+ Strong analytical, organizational, problem-solving, negotiation, and project management skills
+ Demonstrated independence, teamwork and leadership skills
+ Effective interpersonal, verbal and written communication skills
**_LOCATION EXPECTATIONS: This role requires working from a U.S. Bank Location three (3) or more days per week._**
If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants ( .
**Benefits:**
Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
+ Healthcare (medical, dental, vision)
+ Basic term and optional term life insurance
+ Short-term and long-term disability
+ Pregnancy disability and parental leave
+ 401(k) and employer-funded retirement plan
+ Paid vacation (from two to five weeks depending on salary grade and tenure)
+ Up to 11 paid holiday opportunities
+ Adoption assistance
+ Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Review our full benefits available by employment status here ( .
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
**E-Verify**
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program ( .
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $111,605.00 - $131,300.00
U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
**Posting may be closed earlier due to high volume of applicants.**
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Risk Management - Leveraged Finance Credit Risk Vice President

60684 Chicago JPMorgan Chase

Posted today

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Job Description

**Job Summary**
Our credit risk professionals sit at the heart of the Investment Bank, serving as trusted advisors to the firm's most senior bankers and playing a decisive role in the transactions that matter most to our clients. In this role, you will bring intellectual rigor and sound judgment to some of the most complex leveraged finance decisions in the market, operating in a high-performing, collaborative environment where your analysis directly shapes outcomes. If you are passionate about credit, thrive under pressure, and want to build your career at one of the world's leading financial institutions, this is the opportunity for you.
As a Leveraged Finance Credit Risk Vice President within the Business Services credit risk team, you will identify the key risk factors associated with clients, transactions, and industry sub-sectors across an assigned portfolio, and develop and articulate a dynamic, forward-looking risk assessment of client companies, transactions, competitive threats, industry, and other factors. Working in close partnership with Investment Banking Coverage, Global Corporate Banking, Debt Capital Markets, and other product teams, you will review, structure, risk rate, and approve new lending activities and perform ongoing portfolio monitoring. You will report to a senior Credit Executive and be supported day-to-day by a dedicated team of Analysts and Associates, with an expectation to play an important role in developing junior talent.
**Job responsibilities**
+ Review and evaluate new credit origination requests, applying forward-looking risk assessment to develop appropriate credit structures and ensure all transactions are consistent with the firm's credit risk appetite
+ Lead client due diligence by attending client, bank, and other meetings to develop a thorough understanding of client companies, management teams, and industry sectors, and use financial models to incorporate the impact of forward-looking risk assessments on key value drivers
+ Apply corporate finance and accounting expertise to structure appropriate financing solutions and prepare and review credit approval materials, ensuring all credit risk policies are followed
+ Review and negotiate legal documentation to ensure terms are appropriate and consistent with credit approval
+ Ensure risk ratings are accurate and reflect a current forward-looking view of the client, while providing early identification and proactive management of deteriorating credits and other problem situations
+ Prepare and present quarterly financial snapshots of the Business Services portfolio, as well as annual portfolio review materials to senior management
+ Assist in training and developing Analysts and work closely with middle office and data teams to ensure accuracy of credit system data
**Required qualifications, capabilities, and skills**
+ BA/BS degree required
+ 5+ years of commercial/investment banking lending experience including extensive credit, structuring, and marketing
+ Solid understanding of financial products, corporate finance, financial modeling, and market dynamics
+ Advanced knowledge of financial statements and accounting
+ Experience with documentation related to credit agreements
+ Knowledge and experience of derivative products and documentation, including ISDA and CSA agreement
**Preferred qualifications, capabilities, and skills**
+ MBA or CFA preferred
+ Excellent communication skills, both verbal and written, with the ability to effectively present analysis and interact with key stakeholders
+ Capability to perform due diligence and lead negotiations with clients
+ Ability to perform well under pressure in a demanding environment while managing multiple tasks simultaneously
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
**Base Pay/Salary**
Chicago,IL $123,500.00 - $230,000.00 / year
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Senior Audit Project Manager - Credit Risk

60684 Chicago U.S. Bank

Posted 2 days ago

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Job Description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.
**Job Description**
The Corporate Audit Services (CAS) Senior Audit Project Manager is a senior‑level auditor responsible for leading and executing high‑quality audit engagements covering U.S. Bancorp's credit risk management activities. This role is designed for an experienced internal auditor who brings deep proficiency in audit methodology and execution, along with substantial experience auditing credit‑related areas within a large financial institution.
The Senior Audit Project Manager supports the CAS Senior Audit Manager - Credit Risk in delivering independent assurance and advisory services to senior management and the Audit Committee. The role evaluates the effectiveness of governance, risk management, and internal controls across credit risk processes, including but not limited to credit monitoring, credit reporting, CECL, credit analytics, and credit risk (loan) review.
While this position has no direct reports, it carries significant responsibility for independently completing audit engagements with minimal supervision, providing technical leadership on credit risk audits, and ensuring work meets CAS quality standards and professional auditing requirements.
**Primary Responsibilities**
+ Independently lead and execute audit engagements, or supervise audit staff when applicable, ensuring timely delivery of high‑quality, well‑supported audit results.
+ Review and assess audit work to confirm accuracy, completeness, relevance, and adherence to internal audit policies, procedures, and IIA Standards.
+ Evaluate audit issues to ensure appropriate identification of risk exposures, root causes, and practical, effective management action plans.
+ Plan audit engagements by:
+ Understanding and documenting business processes
+ Identifying key risks and controls
+ Assessing control design and operating effectiveness
+ Developing audit programs that clearly support audit objectives
+ Support audit reporting and wrap‑up activities, including issue disposition and contribution to clear, concise, and well‑supported audit reports.
+ Monitor engagement progress against plan and schedule, proactively addressing risks to delivery and ensuring timely workpaper reviews.
+ Provide on‑the‑job coaching and technical guidance to audit staff, with emphasis on audit execution quality and credit risk subject‑matter application.
+ Collaborate across the three lines of defense and with other CAS audit teams to ensure coordinated, risk‑focused, and efficient audit coverage of credit‑related activities.
+ Perform other duties as assigned by management.
**Basic Qualifications**
+ Bachelor's degree, or equivalent work experience
+ Typically more than 10 years of applicable experience
**Preferred Skills and Experience**
+ 5 or more years of large‑bank internal audit experience, including coverage of credit risk-related audit areas, such as (but not limited to):
+ Credit review and loan review functions
+ Credit risk monitoring and reporting
+ CECL, credit loss forecasting, and credit analytics processes
+ Regulatory or supervisory credit‑focused testing
+ Experience may be gained through internal audit roles, regulatory agency examinations, or credit‑focused audit work at a large public accounting or consulting firm.
+ Strong understanding of banking regulations, safety‑and‑soundness expectations, and regulatory trends affecting credit risk management.
+ Working knowledge of the IIA Practice Guide on Reliance on Other Assurance Providers.
+ Thorough understanding of IIA Standards and internal control frameworks.
+ Exceptional written and verbal communication skills.
+ Demonstrated critical thinking, professional skepticism, and analytical judgment.
+ Proven ability to manage multiple priorities and adapt to changing audit plans.
+ CIA or other relevant professional certification, or advanced degree, strongly preferred.
***This role requires working from a U.S. Bank location three (3) or more days per week.**
If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants ( .
**Benefits:**
Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
+ Healthcare (medical, dental, vision)
+ Basic term and optional term life insurance
+ Short-term and long-term disability
+ Pregnancy disability and parental leave
+ 401(k) and employer-funded retirement plan
+ Paid vacation (from two to five weeks depending on salary grade and tenure)
+ Up to 11 paid holiday opportunities
+ Adoption assistance
+ Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Review our full benefits available by employment status here ( .
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
**E-Verify**
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program ( .
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $133,365.00 - $156,900.00
U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
**Posting may be closed earlier due to high volume of applicants.**
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Credit Risk Officer II

Posted 8 days ago

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Job Description

Make banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.
GENERAL FUNCTION:
Pursuant to the Bancorp Risk Framework, executes credit risk management strategies and policies, exercising independent judgement and providing constructive and credible challenge to credit risk recommendations, credit risk portfolio management and monitoring, approves credit exposure, providing feedback on proper structuring and pricing. Monitors ongoing credit administration and attends LOB pipeline meetings to ensure credit standards are followed across assigned business segment. Participant in customer calls as needed. Monitors credit quality through forward looking analysis as well as reviewing system-generated reports.
Responsible and accountable for credit risk management and constructive, credible challenge by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
ESSENTIAL DUTIES & RESPONSIBILITIES:
+ Approve or reject most complex loans within delegated authority and approved risk limits including where difficult questions of policy or credit risk may be involved.
+ With Line of Business (LOB) input, ensures that policies, including enterprise level policies, appropriately reflect the Bank's credit risk appetite and are approved and reviewed in an appropriate and timely manner.
+ Advise credit and loan personnel on the company's overall policy, noting significant forward looking trends and recommending policy changes if necessary.
+ Provide necessary forward looking review for ongoing maintenance of credit exposure as applicable.
+ Review and challenge credit approval packages for loans approved within the LOB's lending policies, limits, appetite, and delegated authorities.
+ In event of a limit breach, collaborates with the LOB to develop and execute action plans to return the relevant credit exposure to a level within credit risk appetite.
+ Responsible for providing effective, credible challenge on client selection, risk identification/mitigation, and adherence to risk appetite, policies, and underwriting standards.
+ Credit Risk Officers may participate in LOB deal screens to ensure engagement and provide early constructive feedback on opportunities.
+ Review periodic Bancorp credit quality reports to assess assigned LOB's adherence to the Bank's credit risk appetite and business objectives.
+ Attend and provide effective, credible challenge to the LOB in various meetings including administrative loan meetings, portfolio review meetings, etc.
+ Provide information, analysis, and credit risk and portfolio recommendations to the Senior Credit Officer.
+ Represent Bancorp in high-level customer interaction as well as community affairs.
+ Adjudicate requests to change regulatory classifications both for upgrades and downgrades.
+ Responsible for oversight and challenge to the LOB regarding the timeliness of transfers to the Special Assets Group.
+ Accountable for the following as it relates to a portfolio review:
+ Using both internal and external data to identify portfolio trends such as increasing concentration risks, increasing industry risks, increasing material underwriting exceptions and emerging risks.
+ Determining a Direction of Risk (DOR) and Level of Risk (LOR) for the portfolio, together with actions that should be taken to reduce risk or strengthen risk management ensuring that, amongst other things, lessons learned are identified and operationalized where appropriate.
SUPERVISORY RESPONSIBILITIES: May supervise others. Responsible for providing employees timely, candid and constructive performance feedback; developing employees to their fullest potential and provide challenging opportunities that enhance employee career growth; developing the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees for accomplishments.
MINIMUM KNOWLEDGE, SKILLS & ABILITIES REQUIRED:
+ Bachelor's Degree in Finance, Business Administration, or Accounting. Master's Degree preferred.
+ Ten+ years of related credit experience.
+ Financial and credit analysis including portfolio management.
+ Knowledge of the banking industry, relevant banking regulation, commercial banking, capital markets, and treasury management products and the associated risks.
+ Proficient in basic spreadsheet applications such as Excel, Word, etc.
+ Demonstrated ability to learn and understand various computer systems.
+ Excellent communications and organizational skills.
+ Excellent people/relationship building skills.
#LI-GM1
WORKING CONDITIONS:
+ Normal office environment with little exposure to dust, noise, temperature and the like.
+ Extended time at desk, viewing computer screens.
Credit Risk Officer II
Total Base Pay Range 121,900.00 - 262,100.00 USD Annual
At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.
The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.
Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: or by consulting with your talent acquisition partner.
LOCATION -- Cincinnati, Ohio 45202
Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
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Head of Global Credit Risk

60290 Chicago Adyen

Posted 2 days ago

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Job Description

About Adyen

Adyen provides payments, data, and financial products in a single solution for customers like Meta, Uber, H&M, and Microsoft - making us the financial technology platform of choice. At Adyen, everything we do is engineered for ambition.

For our teams, we create an environment with opportunities for our people to succeed, backed by the culture and support to ensure they are enabled to truly own their careers. We are motivated individuals who tackle unique technical challenges at scale and solve them as a team. Together, we deliver innovative and ethical solutions that help businesses achieve their ambitions faster.

The Role

The Head of Merchant Risk is a pivotal global leadership position within Adyen’s Operations function. While our Second Line defines the boundaries and Product builds the tools, Merchant Risk owns the execution. You are responsible for the day-to-day management of Adyen’s counterparty exposure originating from credit risk and chargeback risk. As the chair of the Merchant Risk Committee (MRC) and a member of the Risk Committee (RC), you are the operational voice that bridges the gap between commercial ambition and financial prudence.

What you’ll do
  • Global Leadership: Lead and scale a high-performing global team across Amsterdam, Singapore and Chicago. You will ensure consistency in decision-making while accounting for regional market differences.
  • Operational Risk Ownership: Oversee the daily monitoring and manual review of high-exposure merchants within the MPL (Merchant Potential Liability) and Credit Risk (Adyen Capital/Charge Cards) frameworks.
  • High-Stakes Decisioning: Act as the final operational escalation point for "edge case" approvals. You will ensure your teams are prepared and ready to present formal proposals for high-risk merchant decisions to the Merchant Risk Committee (MRC).
  • Strategic Influence: While Product owns the models and Second Line owns the appetite, you are the primary feedback loop. You will use operational data to influence and propose changes to Credit Models, Risk Policies, and Risk Appetite.
  • Collections Strategy: Direct the global Collections function, ensuring that when risks materialize, recovery efforts are swift, professional, and effective.
  • Stakeholder Navigation: Maintain a tight partnership with Product to ensure risk tools are fit-for-purpose and with Second Line Risk to ensure operational alignment with corporate governance.
Who you are
  • 8+ years in an operational risk or credit leadership role within Fintech or high-volume payments.
  • Experience managing global, multi-region teams is preferred but not essential.
  • Deep understanding of the merchant lifecycle, bankruptcy risk, and the mechanics of lending/charge cards.
  • Excellent Communication: Ability to translate complex operational risks into clear, concise proposals for executive committees.
  • You don't just follow the policy—you identify when the policy is outdated and have the data-backed confidence to propose a better way forward.
Our Diversity, Equity and Inclusion commitments

Our unique approach is a product of our diverse perspectives. This diversity of backgrounds and cultures is essential in helping us maintain our momentum. Our business and technical challenges are unique, and we need as many different voices as possible to join us in solving them - voices like yours. No matter who you are or where you’re from, we welcome you to be your true self at Adyen.

Studies show that women and members of underrepresented communities apply for jobs only if they meet 100% of the qualifications. Does this sound like you? If so, Adyen encourages you to reconsider and apply. We look forward to your application!

What’s next?

Ensuring a smooth and enjoyable candidate experience is critical for us. We aim to get back to you regarding your application within 5 business days. Our interview process tends to take about 4 weeks to complete, but may fluctuate depending on the role. Learn more about our hiring process here. Don’t be afraid to let us know if you need more flexibility.

Adyen is an equal opportunity employer. We do not discriminate based on race, color, ethnicity, ancestry, national origin, religion, sex, gender, gender identity, gender expression, sexual orientation, age, disability, veteran status, genetic information, marital status or any legally protected status.

All your information will be kept confidential according to EEO guidelines.

Additional Information

The annual base salary range for this role is $210,000-$280,000 USD; to learn more about our compensation philosophy, please click here.

This role is based out of our Chicago office. We are an office-first company and value in-person collaboration; we do not offer remote-only roles.

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Wholesale Credit Risk Administration, Senior Associate

60684 Chicago JPMorgan Chase

Posted 10 days ago

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Job Description

Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business responsibly by anticipating new and emerging risks and using your expert judgment to solve real-world challenges that impact our company, customers, and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo, and striving to be best-in-class.
As a Senior Associate in Wholesale Credit Risk Administration (WCRA) supporting the Commercial Banking Credit Risk - Commercial and Specialized Industries (C&SI) and Asset Based Lending (ABL) teams, you will play a key role in supporting process improvements, providing governance and oversight of operational processes, and assisting stakeholders to enhance efficiency and strengthen controls. You will collaborate with Credit Risk, Control Management, Wholesale Lending Services (WLS), Business Management, Credit Product and Strategy teams to support risk management excellence and operational effectiveness.
**Job Responsibilities**
+ Support the C&SI and ABL Credit Risk management team in advancing business priorities and objectives under the guidance of senior team members, escalating issues and decision points as needed.
+ Assist with operational oversight activities for ABL processes and systems within WLS, executing assigned tasks under direction and promptly escalating exceptions or anomalies to senior team members.
+ Support process improvement and automation initiatives by documenting current-state steps, identifying pain points, and assisting with solution testing and rollout under guidance, escalating blockers, dependencies, or policy impacts.
+ Monitor credit process metrics and data quality indicators; assist with data remediation tasks following established procedures and control standards, escalating material data issues, breaks, or trends to senior team members.
+ Participate on behalf of C&SI and ABL Credit Risk in workstreams addressing data management, regulatory topics, new processes, and technology enhancements as a contributing member; support UAT, training, and user feedback collection under senior guidance, escalating cross-impacts and risks.
+ Help identify process gaps and contribute to root-cause analysis by gathering evidence and drafting observations; propose solution options for senior review and assist with remediation execution, escalating issues that require prioritization or policy interpretation.
+ Understand and interpret regulatory and policy requirements and procedures relevant to credit risk; serve as a resource to the C&SI and ABL Credit Risk team in these areas.
+ Collaborate with Control Management, Wholesale Lending Services, Credit Risk Middle Office, Operational Risk, Finance, Reporting, and other stakeholders to improve risk management and controls.
+ Support senior team members in articulating credit risk considerations in technology projects, working groups, and oversight forums by preparing materials, gathering inputs, and surfacing issues for senior sponsorship and advocacy.
+ Contribute to a culture of collaboration and partnership to balance the needs of our clients and the firm.
**Required Qualifications, Capabilities, and Skills**
+ Bachelor's degree required.
+ 2+ years of experience in a commercial or investment bank credit or banking role.
+ Experience in audit, control, operations, or program management roles, with a track record of exceeding performance expectations.
+ Strong analytical and problem-solving skills.
+ Excellent oral and written communication skills, including experience presenting to executive leadership.
+ Broad corporate lending knowledge and experience, including knowledge of primary corporate lending regulations and reporting requirements.
+ Detail-oriented with the ability to multi-task and effectively deliver work products in a time-sensitive, team-based environment.
+ Experience in control and process oversight, including gap identification, root cause analysis, control design and execution, and control management and monitoring.
+ Understanding of data management and proficiency with Microsoft applications such as Excel, Office, SharePoint, and PowerPoint.
**Preferred Qualifications, Capabilities, and Skills**
+ Demonstrated experience in credit risk approvals, credit analysis, and administration.
+ Knowledge of wholesale credit risk and risk policies, procedures, and standards.
+ Reporting and analytical experience.
+ Experience with Artificial Intelligence tools such as Alteryx and LLM models.
+ Basic SharePoint design and project management experience.
+ Project Management Professional certification is a plus.
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
**Base Pay/Salary**
Chicago,IL $85,500.00 - $135,000.00 / year
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