Chase Card Portfolio Risk – Credit Strategy Officer – Associate
JPMorganChase, Wilmington, DE, United States
Job Description
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. 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, working with the Portfolio Risk Strategy Lead and supporting product General Managers in identifying trends, remediating risks, and ensuring the continued health of the business. You will also 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.
Job Responsibilities
Evaluate the Credit Box in partnership with the Portfolio Risk Strategy Lead, Product GM’s, Finance and the second line of defense Credit Risk team
Directly engage in assessing new expansion opportunities and 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 (risk, underwriting, legal, finance) to balance growth and risk
Required Qualifications, Skills and Capabilities
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
Employment Eligibility Applicants must be authorized to work for any employer in the U.S. We are not able to provide immigration sponsorship or take over sponsorship of an employment visa at this time. Final job grade level and corporate title will be determined at time of offer and may differ from this posting.
About Us 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, commission‑based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity. We also offer a range of benefits and programs to meet employee needs, based on eligibility.
Equal Opportunity Employer We recognize that our people are our strength and that 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. 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.
About the Team Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We’re proud to lead the U.S. in credit card sales and deposit growth and have the most‑used digital solutions – all while ranking first in customer satisfaction.
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Job Responsibilities
Evaluate the Credit Box in partnership with the Portfolio Risk Strategy Lead, Product GM’s, Finance and the second line of defense Credit Risk team
Directly engage in assessing new expansion opportunities and 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 (risk, underwriting, legal, finance) to balance growth and risk
Required Qualifications, Skills and Capabilities
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
Employment Eligibility Applicants must be authorized to work for any employer in the U.S. We are not able to provide immigration sponsorship or take over sponsorship of an employment visa at this time. Final job grade level and corporate title will be determined at time of offer and may differ from this posting.
About Us 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, commission‑based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity. We also offer a range of benefits and programs to meet employee needs, based on eligibility.
Equal Opportunity Employer We recognize that our people are our strength and that 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. 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.
About the Team Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We’re proud to lead the U.S. in credit card sales and deposit growth and have the most‑used digital solutions – all while ranking first in customer satisfaction.
#J-18808-Ljbffr