Underwriter II -Energy/Oil & Gas Finance, Middle Market Coverage, Houston
Location: Houston, Texas
Description: JPMorgan Chase is currently interviewing Underwriter II -Energy/Oil & Gas Finance, Middle Market Coverage, Houston right now, this occupation will be depute in Texas. More details about this occupation opportunity kindly see the descriptions. -
130017917
Job Description
This position is within the Mid Corporate Oil and Ga! s Finance Group, which focuses primarily on U.S. exploration and production Companies. These Companies are users of traditional banking services and may often have needs for various investment banking products.
The Underwriter is the primary credit risk manager for corporate banking customers and transactions. Works in partnership with banking, syndications, and product partners to analyze, structure, risk rate, document and approve credit exposures resulting from loans and other commercial banking products. Responsible for the on-going monitoring and risk management of an assigned portfolio of credits. Required to develop a broad and deep understanding of the business, industry, financial and competitive risks faced by customers in the assigned portfolio.
The majority of the clients are located in Texas, Louisiana, Oklahoma, Colorado, Pennsylvania and Canada. Travel may be required from time to time.
Responsibilities:
§ Risk Assessmen! t.
The underwriter is responsible for identifying the! key risk factors related to a specific transaction, as well as his/her assigned portfolio.
Develop a well-informed and balanced view of the business, financial and competitive risks faced by companies in the oil and gas industry.
Lead or participate as a contributing member in customer due diligence calls as necessary.
Attend client/bank meetings to develop a better understanding of the company and assess management.
Prepare and analyze oil and gas cashflow models that incorporate the impact of his/her forward-looking risk assessment on key value drivers.
Develop and recommend appropriate credit structures relative to your risk assessment.
§ Manage Credit Approval Process.
The underwriter is responsible for ensuring all credit exposures are approved at the appropriate level.
Prepare credit approval write-ups, present and recommend credits for approval at appropriate level.
Analyze and negotia! te covenants and other key terms with the customer as part of the deal team.
Review legal documentation and coordinate with outside counsel to ensure terms are appropriate and consistent with credit approval.
§ On-going Portfolio Management.
The underwriter is responsible for the on-going risk assessment of each customer in his/her assigned portfolio.
Ensure risk ratings are accurate and reflect our current forward-looking view of the customer.
Early identification and proactive management of deteriorating credits.
Analyze, prepare and present for approval all required waivers, amendments and extensions.
Prepare and present semi-annual portfolio review material to senior management.
Work with bank examiners and internal credit reviewers to validate credit quality and integrity of the credit process.
Work closely with Portfolio Management Assistants/Credit Assistants to ensure accuracy of
credit system data.
Help to coordinate and facilitate the ! syndication process of Agented deals by working closely with syndications team, bankers, attorneys and participant banks.
Qualifications
Minimum or 3-5 years underwriting and/or banking/lending experience, which might include credit, structuring and/or marketing.
BA/BBA degree, MBA a plus
Completion of a major corporate bank credit training program or equivalent experience
Oil & Gas related industry experience a plus
Knowledge of general bank credit policies
Strong verbal and written communication skills.
Strong interpersonal skills to deal with clients, bankers, product partners and senior management.
Excellent PC and financial modeling skills
JPMorgan Chase offers an exceptional benefits program and a highly competitive compensation package.
JPMorgan Chase is an Equal Opportunity and Affirmative Action Employer, M/F/D/V
Job
Commercial Credit
Primar! y Location
US-TX-Houston-JPMorgan Chase Building - 712 / 01525
Organization
Commercial Bank
Schedule
Full-time
Job Type
Standard
Shift
Day Job
Employee Status
Regular
Travel
Yes, 25% of the time
Corporate Brand
J.P. Morgan
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If you were eligible to this occupation, please give us your resume, with salary requirements and a resume to JPMorgan Chase.
Interested on this occupation, just click on the Apply button, you will be redirected to the official website
This occupation starts available on: Sun, 17 Mar 2013 19:09:17 GMT
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