Associate, Card Risk Strategy

JPMorgan Chase & Co.•Wilmington, DE

18h

About The Position

As a Card Risk Strategy Associate in the Card Credit Decisioning Unit, you will lead efforts to expand our credit card portfolio by developing innovative strategies for affluent, high-line, high net-worth credit segments. You will collaborate with internal teams to ensure sound lending decisions that align with our financial goals and risk appetite. Your work will be pivotal in managing risk-taking activities for card originations, ensuring we continue to grow responsibly. You will play a key role in defining the risk appetite for Card acquisitions, managing credit risk, ensuring sound lending decisions that balance value creation and prudent risk management.

Requirements

A Bachelor’s degree or higher in a quantitative discipline (ex: Finance, Statistics, Economics, Mathematics, Operations Research, among others)
3+ years of relevant experience in direct to consumer lending, originations, and/or retail credit experience at a complex large-scale financial services business
Exceptional quantitative and qualitative finance and analytical skills
Demonstrated strategic thinking and execution skills; insight and ability to proactively identify opportunities to innovate and improve the business
Proven experience in collaborating across teams and lines of business within large organizations
Excellent analytical skills with the ability to leverage data and anecdotal feedback to structure complex problems and make decisions
Previous experience with either SAS, SQL, Python, or Tableau analytic tools (other coding languages would be considered)

Responsibilities

Define the Credit Box in partnership with Product GM’s, Finance, and the second line of defense Credit Risk team
Lead alignment with Product, Finance, and Risk to define and execute on strategies to achieve credit goals
Partner closely with product and risk teams in assessing new credit opportunities. Define an execution plan for new credit opportunities
Set up reviews and processes to ensure we are executing well on our credit box assumptions
Partner with risk strategies in defining variables that would be included in new credit models and interface with the modeling team on the acquisitions modeling suite and roadmap
Develop and implement metrics to track acquisitions performance. Lead the report outs for performance monitoring to senior leadership
Help shape credit policies, underwriting standards, and risk management frameworks
Ensure adherence to banking regulations and internal controls related to credit risk
Work with teams across business lines (e.g., risk, underwriting, legal, finance) to balance growth and risk
Provide approvals or recommendations for complex acquisitions related credit transactions