Card Portfolio Risk Strategy Associate

JPMorgan Chase & Co.•Wilmington, DE

About The Position

As a Sr. Associate on the Card Portfolio Risk Strategy team, you will directly engage and influence portfolio risk strategies in the newly created 1st line credit function within the Card Credit Decisioning Unit (CDU). You will play a key role in managing the exposure and risk appetite for the Card business. You will directly engage with the Portfolio Risk Strategy Lead and support the product General Managers (GMs) in identifying trends, remediating risks, and ensuring the continued health of the business. Additionally, you will develop risk management strategies in partnership with the Credit Risk organization in the second line of defense. This role requires analytical curiosity, experience with complex data, and a detail oriented mind.

Requirements

A Bachelor’s Degree in finance, business administration, or a related field is required
4+ years of relevant experience in direct to consumer lending, originations, and/or retail credit experience at a complex large-scale financial services business
Ability to evaluate and manage credit risk effectively; 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
Experience with executive-level presentation materials and briefings
A high level of personal initiative, setting and achieving challenging goals, and demonstrating entrepreneurial leadership

Responsibilities

Evaluate the Credit Box in partnership with Portfolio Risk Strategy Lead, Product GM’s, Finance and the second line of defense Credit Risk team
Directly engage in assessing new expansion opportunities. Execute against approved opportunities
Set up reviews and processes to ensure we are executing well on our credit assumptions
Partner with risk strategies in defining variables that would be included in new credit models and interface with the modeling team on the modeling suite and roadmap
Develop and implement metrics to track performance
Maintain a strong regulatory and controls environment
Collaborate across stakeholders in business lines (e.g., risk, underwriting, legal, finance) to balance growth and risk