Senior Associate, Card Risk Strategy

JPMorgan Chase • Wilmington, DE • 3h ago

Chase Card Services is the leading credit card issuer in the U.S. With over $1 trillion in sales volume, we have been #1 in the industry since 2017. We have also been #1 in outstanding (loans) for more than 10 years and lead in top-of-wallet market share. We serve more than 50 million active accounts across our Chase Branded Cards business, which includes the Sapphire, Freedom, Slate consumer credit cards and Ink small business portfolio, and our Co-Brand Card business.

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.

Job 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

Required qualifications, skills and capabilities:

A Bachelor's degree or higher in a quantitative discipline (ex: Finance, Statistics, Economics, Mathematics, Operations Research, among others)

5+ 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

Strong proficiency with executive-level presentation materials and briefings, and the ability to simplify complex subject matter into digestible executive communications

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)

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

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