Consumer & Credit Portfolio Risk Execution & Controls - VP

Wilmington, DE, United States

Job Description

As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

We are actively seeking a Vice - President to serve as the Portfolio Risk Execution and Controls lead within Consumer Risk. You will be responsible for control activities that play an integral part in Card's Credit Policy and Framework. You will bring a seasoned view of Credit Risk policies and standards, manage the change management activities and controls across several Portfolio strategies. This exciting opportunity gives you a key leadership position to own risk policies and liaison between multiple product owners and support groups to deliver the highest standards while maintaining safe and sound business practices.

As a Vice-President of Portfolio Risk Strategy Execution within the Card Risk COO organization, you will partner with Risk, Operations, Product Owners, Legal/Compliance, and other impacted groups to manage operational readiness, cross business impacts and overall awareness of strategy changes. Responsibilities include leading the execution of Card & Risk strategy changes contributing to the program lifecycle including planning, elaboration, requirements, impact assessments and validation planning. Through Pre / Post Implementation validations you will ensure strategy changes meet objectives while raising and resolving issues in a timely manner. Additionally, you will be responsible for managing business risks and developing recommendations to strengthen internal controls and improve operational efficiencies.

Job Responsibilities

• Lead Risk's Portfolio Execution and Control responsibilities across several strategies including Credit Line Increase, Credit Authorizations, and Promotional Offer strategies
• Manage business risks and develop recommendations to strengthen internal controls and improve operational efficiencies
• Ensure that all relevant process adherence and strong control practices are followed . Manage critical issues with escalation protocols to resolve production issues
• Oversee / create intakes and requirements to implement ongoing strategy opportunities and risk rules to meet various new products / offers. Design, develop and maintain automated solutions for effective business validations & controls
• Manage business risks and develop recommendations to strengthen internal controls and improve operational efficiencies . Ensure that all relevant process adherence and strong control practices are followed
• Liaison with Product Owners and Operations management. Manage small team of 2 - 3 Risk associates

Required Qualifications, Skills and Capabilities

We are looking for someone excited to join our organization. If you meet the minimum requirements below, you are encouraged to apply to be considered for this role.

• Bachelors or master's degree in quantitative / related field preferred
• 5+ years in a leadership role in Credit Risk, Operations and/or Lending
• Proven ability to build strong business partnerships and relationships . Successfully manage to tight timelines for complex deliverables.
• Ability to work independently with little supervision, drive results and influence change across the organization
• Strong verbal and written communication / presentation. A solid foundation and understanding of business processes and risk policies. Knowledge of consumer credit and lending regulatory standards preferred
• Experience in leading initiatives across diverse stakeholder groups (e.g. Lending Ops, Marketing, and Risk strategy. Strong client relationship skills. Key interactions will be with Card's CRO, Product Owners, Operations Management, Legal, and Compliance
• Track record of positively influencing change, delivering business results, and providing creative solutions for business challenges . Experience managing direct reports

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 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be 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.

Equal Opportunity Employer/Disability/Veterans