Asset and Wealth Management - Mortgage - Vice President Job Description : Overview : The purpose of the job is to support the JPMorgan Private Banking Mortgage business. The position will be responsible for the managing the administration and the maintenance of Private Banking Mortgage and exposures in line with Mortgage Credit policy. The functions performed by this team are critical to protecting the bank from potential Mortgage losses. Individuals may work directly with Mortgage Advisory, Bankers, Vendors, internal/external partners throughout the Mortgage Origination cycle supported functions to perform the following key functions: - Income & Credit Analysis - Balance & Financial Statement Analysis - Collateral Review - Credit Approvals from appropriate authority level - Develop credit information with Mortgage Advisory - Exception Tracking & Escalation Coordination - Data Report Generation & Analysis KEY PERFORMANCE AREAS : - Ensure all process level SLAs with regards to Productivity, Accuracy, Turn Times, Staffing, etc. are met & improved on consistent basis. - Partners with multiple stakeholders (Mortgage Advisory, Processing team, Credit Risk Management, Vendor Management, Technology, Change Management, and Training etc.) across mortgage operations. - Ensure compliance to Private Banking credit policy and Fair lending Regulations (ECOA, HMDA, TRID guidelines, etc.) - Collaborate across functions to drive continuous process improvement agenda through technical enhancements, removal of wastages & non value adds in the process. - Perform periodic risk and controls analysis with the team for process risk valuation and closure of action items within timelines. - Supervision & performance management of closing team including hiring & continuous talent management. - Highly developed verbal and written communication skills as well as excellent teamwork with internal employees and external customers/business partners - Display client service excellence - Demonstrate proficiency in the review of loan documentation to ensure compliance with mortgage guidelines - Demonstrate proficiency in review of documents and mortgage conditions - Resolve difficult and challenging problems by identifying potential or innovative solutions, determine documentation deficiencies within review and communicate findings with clarity - Complete accurate disbursement of funds - Adhere to all J.P. Morgan fair lending practices KEY COMPETENCIES ESSENTIAL FOR THE JOB : - Leadership - Leads by example and is an effective role model (e.g. takes the lead and actions reflect an appropriate level of independence; demonstrates the ability to initiate and effect change and continuous improvement, contributes significantly to the on-going development of people. - Thinking Strategically - Be able to drive positive changes, promote ownership and demonstrate "My business Mentality". - Manages Relationships through inclusivity and is able to actively manage stake holders and demonstrate collaborative team work. - Communication - Is organized, clear and confident in written and oral communications. Actively engages in discussions offering expertise, opinions, advice and is able to communicate incisively at all levels - People management: Manages his teams through active engagement and develops key talent. Must be able to flex his/ her style to get the best out of the people - Teamwork - Creates and/or contributes to an environment of collaboration and mutual responsibility (e.g. effectively influences others to gain cooperation and address issues; initiates and is responsive to requests from other products, regions, etc.) - Should be creative and innovative; challenges status quo; generates strategic advice/product/client solutions - Have a track record of formulating innovative ideas and gaining buy-in from senior management in addition to a track record of execution/delivery/process improvement/leadership in a challenging environment Qualification : - Bachelor's degree in Commerce or Science - Post Graduate degree in Finance or Accounting - MBA (Finance), CPA/CFA degree is preferred - 12+ years of Mortgage Closing experience; in US mortgage loan originations - 8+ years of people management experience & client service delivery - Thorough understanding of all stages of mortgage originations life cycle - Working knowledge of major US Mortgage Regulations - Strong MS Excel Skills - Experience in MIS generation, distribution and data analysis & knowledge quality tools - Must have had exposure to production management, work allocation, prioritization, exception handling, and process documentation - Ability to act independently and work in a fast paced, high production environment while meeting or exceeding agreed upon targets for volume, timing and quality. - Time Management, flexibility and adaptability to changes - Must have a strong commitment to customer service and teamwork to contribute to high-performing teams - Coordination and team work (Internal and across teams About Us : - JPMorgan Chase & Co., 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 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. In accordance with applicable law, we make reasonable accommodations for applicants- and employees- religious practices and beliefs, as well as any mental health or physical disability needs. About the Team : - J.P. Morgan Asset & Wealth Management delivers industry-leading investment management solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals. - Operations teams develop and manage innovative, secure service solutions to meet clients- needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience. The link provided below will redirect you to a website. Please apply there as well.

Maharashtra

Mumbai

JP Morgan Chase - Vice President - Mortgage - Asset & Wealth Management 

JP Morgan Chase - Vice President - Mortgage - Asset & Wealth Management  ,Job Description for JP Morgan Chase - Vice President - Mortgage - Asset & Wealth Management  in JP Morgan Chase in  Maharashtra Mumbai for (12-15) years of experience. Apply Now!

Job Description for JP Morgan Chase - Vice President - Mortgage - Asset & Wealth Management  in JP Morgan Chase in  Maharashtra Mumbai for (12-15) years of experience. Apply Now!