Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase 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 Principal Risk Vice President, you will focus exclusively on tax-oriented investments (TOI) which is comprised of two segments which monetize tax credits – Affordable Housing and Green Energy (wind, solar, and emerging technologies). You will work closely with the TOI Risk Executive to manage bespoke risk in this unique structured equity portfolio, ensuring that it has the full scope of required risk management and oversight; this is a new position created to assist with managing the robust growth occurring within the Green Energy space which is priority of JPMorgan senior management. Principal investments are typically privately held financial instruments representing ownership interests or other forms of junior capital, primarily TOI and private equity investments made to enhance or accelerate the Firm’s business strategies. Principal Investments have unique risk due to their illiquidity, lack of market transparency, and their “first loss” or junior capital status. TOI comprises a substantial majority of the Principal Risk portfolio. 

Job Responsibilities

Serve as Risk transaction lead for US tax equity investments where JPM is monetizing tax credits via a structured equity investment in a renewable energy or multi-family housing project. Apply critical risk judgment to challenge underwriting assumptions, developing an independent view of conclusions, due diligence sufficiency, and technical considerations related to project investments. Work closely with Business partners and be actively involved in the structuring, negotiation and execution of transactions. Join front office on site visits and diligence sessions. Approve investments while serving on investment committees. Use credit underwriting and analysis skills to risk grade renewable energy Sponsors not covered by Wholesale Credit Risk. Conduct portfolio management activities, including approving amendment and waiver requests, and monitoring renewable energy investments by performing Credit Reviews with Analyst support.

Required Qualifications, Capabilities and Skills

Bachelor's degree in quantitative discipline  8+ years of work experience in Tax Equity, Project Finance, Asset-Backed Securities or Wholesale Credit Risk Strong sector experience across power & energy (including renewables) or multi-family real estate (Low Income Housing Tax Credits) Experience in structuring, negotiating and executing structured non-recourse transactions Experience in tax equity - renewable energy or LIHTC Good knowledge of technical aspects and project documents Strong credit analysis skills, familiarity with financial statements and strong financial modeling skills