Underwriter II - Auto Finance - Wheaton, IL
JPMorgan Chase - Wheaton, IL

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Job Description

Chase is a leader in the financial services industry, providing banking, mortgages, credit cards, loans, payment processing and investment services to 50 million customers - 1 out of every 6 Americans. As a division of JPMorgan Chase & Co. (NYSE: JPM), we:

  • serve 21 million households with consumer banking relationships
  • lent $17 billion to small businesses in 2011
  • are one of the nation's largest credit card issuers, with more than 64 million credit cards in circulation
  • service 8 million mortgage and home equity loans
While we operate across a broad range of businesses, our mission at Chase is quite simple: to be the industry leader in customer service. Our employees put the firm's resources to work every day for our customers.

Chase offers a dynamic environment and the training and support to meet your full potential. Our company is widely recognized as a great place to work, to grow and to invest for the future. Join our team.

An Underwriter II will be responsible for nurturing the daily relationship with the dealer clients while executing proper credit underwriting strategy for the region/district. Underwriters must have strong negotiation and relationship skills to communicate the decision, sell the decision, and capture the business. In addition, the Underwriter must build rapport and confidence with the dealer customer. The Underwriters demonstrates active listening skills, a strong sense of logic, ability to ask probing questions, and be able to think on their feet. The Underwriters must execute the risk/reward equation since these individuals have rate override authority when warranted. This involves critical thinking with regards to the credit worthiness of the individual as well as understanding the performance of the dealer. In addition the Underwriter is responsible to understand and execute credit, product and exception policies. Decisions include structuring the first decision, negotiated counter-offers, rehashed decisions and exceptions as appropriate to maximize profitable volume and overall relationship with the client. Recognized for outstanding consumer credit knowledge, policy expertise, analytical abilities and communication prowess.


Minimum of 3+ years of credit experience

Experience in heavy call volume environment

Working knowledge of PC navigation

Excellent communication/negotiating skills

Critical Thinking and attention to detail

Knowledge of fair lending procedures

Knowledge of financial products and procedures

Strong selling skills

Customer service orientation and ability to develop and maintain relationships

College degree in field related to finance

Auto Finance experience preferred

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



Primary Location

US-IL-Wheaton-Wheaton South / 10688


Card Services



Job Type



Day Job

Employee Status




Corporate Brand


About this company
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At JPMorgan Chase, the work we do matters. All of us are committed to putting our resources and our voices to work every day for our...