Card Portfolio Risk Strategy Associate

JPMorganChase; Wilmington (DE); On-site; USD 110,000 - 140,000; Full time

Job summary

JPMorganChase is seeking an Associate for Card Portfolio Risk Strategy to influence risk management and responsible growth. You will partner with senior leaders to identify trends, remediate risks, and shape the portfolio with the second-line Credit Risk organization.

You will analyze credit risk, develop strategies, and deliver executive-ready briefs while collaborating across risk, underwriting, finance, and legal teams to balance growth with prudent risk management.

Qualifications

• Bachelor's degree in Finance, Business Administration, or a related field.
• 2 years of experience in direct-to-consumer lending, originations, and/or retail credit.
• Strong quantitative and qualitative analytical skills.
• Proven strategic thinking and execution skills.
• Experience collaborating across teams in large organizations.
• Proficiency in executive-level presentations.
• High personal initiative and goal orientation.

Responsibilities

• Evaluate the credit box with cross-functional partners and risk leads.
• Assess new credit expansion opportunities and drive initiatives.
• Establish reviews to ensure credit assumptions are met.
• Define variables for new credit models with modeling teams.
• Develop metrics to track portfolio performance.
• Maintain regulatory controls across risk activities.
• Collaborate with risk, underwriting, legal, and finance stakeholders.

Skills

Credit risk analysis

Quantitative analysis

Strategic thinking

Cross-functional collaboration

Presentation skills

Initiative

Education

Bachelor's degree in Finance or related field

Job description

Job Description

Join a newly created first-line credit function where your analytical expertise and strategic thinking will directly influence how we manage risk and grow responsibly. This is a high-visibility role where your work shapes real business outcomes and connects you with senior leaders across the organization.

As an Associate on the Card Portfolio Risk Strategy team, you will play a key role in managing exposure and risk appetite for the Card business. You will partner closely with the Portfolio Risk Strategy Lead and product General Managers to identify trends, remediate risks, and ensure the continued health of the portfolio. You will also develop risk management strategies in collaboration with the second-line Credit Risk organization.

Job Responsibilities

• Evaluate the credit box in partnership with the Portfolio Risk Strategy Lead, product General Managers, Finance, and the second-line Credit Risk team
• Assess new credit expansion opportunities and execute against approved initiatives
• Establish reviews and processes to ensure credit assumptions are being met effectively
• Partner with risk strategy teams to define variables for new credit models and engage with the modeling team on the modeling suite and roadmap
• Develop and implement metrics to track portfolio performance
• Maintain a strong regulatory and controls environment across all risk activities
• Collaborate with stakeholders across risk, underwriting, legal, and finance to balance growth with responsible risk management

Required Qualifications, Capabilities, And Skills

• Bachelor's degree in Finance, Business Administration, or a related field
• 2 years of experience in direct-to-consumer lending, originations, and/or retail credit at a large-scale financial services organization
• Demonstrated ability to evaluate and manage credit risk with strong quantitative and qualitative analytical skills
• Proven strategic thinking and execution skills, with the ability to proactively identify opportunities to innovate and improve
• Experience collaborating across teams and business functions within large, complex organizations
• Proficiency in developing executive-level presentation materials and briefings
• High level of personal initiative with a track record of setting and achieving challenging goals

Applicants must be authorized to work for any employer in the US. 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 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

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.