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 Card Risk Analytics and Economic Insights Vice President in Card Services Risk, you will be accountable for monitoring geographic performance, Macroeconomic trends including jobs insights, and own the Credit Risk Early Warning reporting. This is a very visible and influential role in delivering Card Risk analysts and guiding risk decisions.
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You are expected to have a deep quantitative and analytical leadership experience with the ability to manage and develop a diverse and strong team. You will be responsible for developing the leadership talent pipeline, along with driving the culture of the organization. You will need to build deep relationships with business and functional stakeholders across the firm and will be expected to interact with key clients and cobrand partner leadership teams.
Job Responsibilities:
- Design and deliver on a clear vision, methodology, and process for Card Risk Portfolio Analytics and inclusive of integrating new and transformed data and modern analytical tools.
- Provide valuable insights and recommendations on Card portfolio risk to the Card Services Chief Risk Office and the Card Services Chief Executive Officer.
- Communicate clear, concise, and objective guidance to management and comprehensive summaries to the appropriate committees.
- Manage the team in a positive and constructive manner; Identify and attract high performers; create opportunities for team to grow and develop in their careers.
- Set adequate and measurable goals and objectives to aid staff development with ongoing review to develop talent throughout the department in accordance with company and team expectations.
- Identify and implement world-class Portfolio Analytics and Insights to rapidly identify and mitigate risks in the Card Portfolio.
- Assess macroeconomic, geographic and industry trends to design early warning metrics and triggers to identify emerging risks.
- Establish risk mitigation treatments across the account lifecycle to rapidly manage risk if there are changes in the overall economy, in certain geographies or in the portfolio; Evaluate aggregate risks across the Card portfolio.
- Effectively challenge existing Card Acquisition, Credit Line, Account Management and Collections decisions and treatments to better manage performance with the Card Business Risk Appetite.
- Effectively advocate and be a spokesperson for management on risk issues and risk management decisions
- Develop productive working relationship with the leaders across Card, Product Finance, Legal and Compliance and promote effective teamwork with supporting functional areas and business units.
Required qualifications, capabilities, and skills
- Bachelor's degree in a quantitative discipline (Finance/Statistics/Economics/Mathematics/Operations Research) is required
- 7+ years of Credit Risk Management or Analytics in the financial industry
- Proven ability to coach and develop team to deliver results and create long-term assets for the firm
- Consumer Banking P&L knowledge and understanding of drivers of profitability
- Analytical, interpretive, and problem solving skills with the ability to develop common sense solutions to complex business challenges
Preferred qualifications, capabilities, and skills
- Advanced degree is preferred but is not required for this role
- Experience with credit cards
- Understanding or working knowledge of Credit Risk Models including Machine Learning and Logistic regression models preferred
ABOUT US
Chase is a leading financial services firm, helping nearly half of America's households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
Equal Opportunity Employer/Disability/Veterans
ABOUT THE TEAM
Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We're proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions - all while ranking first in customer satisfaction.
Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.