Card Portfolio Risk Strategy Lead
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Job Location:
Wilmington, DE - USA
Monthly Salary:
$ 140600 - 220000
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
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 outstandings (loans) for more than 10 years and lead in top-of-wallet market share.
Job Description:
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.
Job Responsibilities:
- Define the Credit Box in partnership with Product GMs 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
Required qualifications skills and capabilities:
- A Bachelors 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
Key Skills
- Marketing
- Data Visualization
- Tableau
- Customer Segmentation
- Microsoft Powerpoint
- Investment Banking
- Strategic Planning
- Financial Modeling
- Customer relationship management
- Management Consulting
- Google Suite
- Analytics
About Company
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans ov ... View more
