Chase Card Portfolio Risk – Credit Strategy Officer – Associate

JPMorgan Chase & Co. • Wilmington, DE

6d

About The Position

As an 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
• 2+ 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

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: Entry Level
• Number of Employees: 5,001-10,000 employees