Head of Asset Based Lending Operations

JPM is a leading full-service provider of asset-based loans for clients around the world and across a wide array of industries. We structure, syndicate, and manage borrower’s global financing needs with transactions ranging in size from $5 million to over $1 billion.

Job Responsibilities:

• People Leadership:  As the ABL Operations leader you will be responsible for the recruiting, staffing and development of a highly visible, client facing global operations team. Located primarily in Chicago, Charlotte, London & Bengaluru, India, the ability to lead across boundaries and realize the benefits of a globally diverse workforce is paramount.  Promote a culture that fosters continuous improvement, encourages new ideas & empowers the team to execute on them.
• Vision & Strategy:  The ABL operation is on a multi-year transformation journey. Drive the vision where the adoption of technological advancements becomes a core competency; and the leadership team owns a strategic roadmap that joins people skills, process excellence & world class tools to deliver the best client & employee experience in the industry.   
• Partnerships:  To be successful, establishing key relationships with both internal and external partners is critical. This leader plays an integral role in executing processes supporting credit & risk policies, delivering requirements and testing for technology programs and input to external vendors supporting the market with key systems and support services. Be a global ambassador for the ABL business across the firm, clients and vendors partners.  Engaged connectivity with other WLS verticals and Centers of Excellence, and have a strong partnership with the WLS Product, Innovation and Change Management (PICM) team. 
• Portfolio:  Provide sound guidance, judgement and leadership to grow & protect a $50B multicurrency portfolio that includes, bilateral loans, loans with J.P. Morgan as Agent & J.P. Morgan as participant. Accountable for the team tasked with delivering the full suite of lending services from credit approval to maturity including: Deal Closing Support, Setup & Funding, Collateral Management & Monitoring, Loan Servicing & Payoff.
• Financial & Controls: Ensure the appropriate process controls  are utilized and executed as designed to protect the portfolio and ensure our clients and the firm are satisfying legal, regulatory & reputational expectations.  Advocate for and manage the budget & allocations associated to the ABL team to ensure service levels, capacity and expenses are in alignment with current capabilities and commercial expectations. 

Required Qualifications Capabilities and Skills 

• BA/BS degree required 
• 15 years financial services experience at a top tier financial institution
• Significant experience with complex lending products / Asset based lending with ability to understand terms and structures typical within asset based lending credit agreements
• Prior people leadership of 50 , including experience developing high-performing global teams through continuous training and dynamic coaching
• Ability to motivate & inspire organizations to adopt a vision and deliver the roadmap to make it reality and to build relationships and influence C-Suite business leaders, colleagues and functional partners
• Results driven, demonstrated success running, transforming & building new business operations.  Delivering on SLA’s while maintaining employee & client satisfaction objectives.
• Current and practical knowledge of wholesale lending businesses and the regulations that impact lending

Preferred qualifications, capabilities, and skills

• MBA Preferred