Associate, Card Risk Strategy

JPMorganChase; Wilmington (DE); On-site; USD 80,000 - 120,000; Full time

Job summary

JPMorganChase seeks a Card Risk Strategy Associate in Wilmington, DE to expand its credit card portfolio. In this role, you will define risk appetite, develop innovative strategies for affluent segments, and collaborate with internal teams ensuring sound lending decisions.

Your work will be pivotal in managing risk while achieving high performance in credit acquisition. We are looking for a candidate with a quantitative discipline degree and relevant experience in direct consumer lending.

Qualifications

• 3+ years of experience in direct to consumer lending or retail credit.
• Exceptional quantitative and qualitative analytical skills.
• Previous experience with coding languages in analytics.

Responsibilities

• Define the Credit Box in collaboration with product and risk teams.
• Lead the execution on strategies to achieve credit goals.
• Develop metrics to track acquisitions performance.

Skills

Quantitative analysis

Strategic thinking

Collaboration across teams

Analytical skills

Education

Bachelor's degree in a quantitative discipline

Tools

SAS

SQL

Python

Tableau

Job description

Job Description

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, and 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 (e.g., Finance, Statistics, Economics, Mathematics, Operations Research)
• 3+ years of relevant experience in direct to consumer lending, originations, and/or retail credit experience at a complex large‑scale financial services business
• 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
• Excellent analytical skills with the ability to leverage data and anecdotal feedback to structure complex problems and make decisions
• Previous experience with SAS, SQL, Python, or Tableau analytic tools (other coding languages would be considered)

Equal Opportunity Employer / Disability / Veterans

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. 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, and we also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.