Card Portfolio Risk Strategy Associate

Testing Site - JPMC; Wilmington (DE); On-site; USD 110,000 - 160,000; Full time

Job summary

Chase Card Services seeks a Sr. Associate on the Card Portfolio Risk Strategy team to influence risk strategies in a new 1st line credit function within CDU.

You will manage exposure and risk appetite and partner with Credit Risk to support GMs in identifying trends and remediating risks. The role requires analytical curiosity, experience with complex data, and a detail-oriented mindset, with collaboration across risk, underwriting, legal, and finance to balance growth and risk in a leading

Qualifications

• Bachelor's degree in finance, business administration, or related field.
• 4+ years of direct-to-consumer lending, originations, or retail credit experience at a large financial services firm.
• Strong quantitative and qualitative finance and analytical skills.
• Experience presenting to executives and briefing leadership.

Responsibilities

• Evaluate the Credit Box with Portfolio Risk Strategy Lead and stakeholders across business lines.
• Assess new expansion opportunities and execute approved plans.
• Set up reviews to ensure accuracy of credit assumptions.
• Define variables for new credit models and interface with the modeling team.
• Develop metrics to track performance and maintain controls.
• Ensure a strong regulatory and controls environment.
• Collaborate across risk, underwriting, legal, and finance to balance growth and risk.

Skills

Credit risk evaluation

Data analysis

Strategic thinking

Cross-functional collaboration

Executive presentation

Initiative

Education

Bachelor's degree in finance, business administration, or related field

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 outstandings (loans) for more than 10 years and lead in top-of-wallet market share.

Job Description

As a Sr. 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. You will directly engage with the Portfolio Risk Strategy Lead and support the product General Managers (GMs) in identifying trends, remediating risks, and ensuring the continued health of the business. Additionally, you will 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 Portfolio Risk Strategy Lead, Product GM’s, Finance and the second line of defense Credit Risk team
• Directly engage in assessing new expansion opportunities. 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 (e.g., 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
• 4+ 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

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.