Card Portfolio Risk Strategy Lead

JPMorgan Chase & Co. • Wilmington, DE

5d

About The Position

As the Vice President for Card Portfolio Risk Strategy you will be responsible for developing, managing, and overseeing 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 product General Managers (GMs) to proactively identify trends, remediate risks, ensure continued health of the business, and profitably pursue opportunities to deepen relationships with existing customers through strategic line management. Additionally, you will develop risk management strategies in partnership with the Credit Risk organization in the second line of defense. This role requires deep analytical expertise, regulatory knowledge, and collaboration with internal teams to balance risk and growth.

Requirements

• A Bachelor’s Degree in finance, business administration, or a related field is required
• 7+ 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; Strong judgement in approving or recommending credit policy
• 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

• Define the Credit Box in partnership with Product GM’s, Finance and the second line of defense Credit Risk team
• Partner closely with product and risk teams in assessing new expansion opportunities. Define an execution plan for new credit 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
• Recruit and develop high performing talent to staff the CDU
• Develop and implement metrics to track performance. Lead the report outs for performance monitoring to senior leadership
• Contribute to Policy & Strategy Development including helping to shape credit policies and risk management frameworks
• Maintain a strong regulatory and controls environment
• Collaborate across stakeholders in business lines (e.g., risk, underwriting, legal, finance) to balance growth and risk

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level