CCB Risk - Card Portfolio Management - Executive Director

JPMorganChase; Wilmington (DE); On-site; USD 140,000 - 180,000; Full time

Job summary

JPMorganChase is seeking an Executive Director in Wilmington, DE to optimize Authorization Risk Management strategies for Business Cards. The ideal candidate will have over 10 years in consumer/business lending and lead cross-functional teams to ensure strong risk controls.

Responsibilities include driving innovation in risk strategy, implementing decision rules, and collaborating with senior leaders. A Bachelor's in a quantitative field is required, with a preference for a Master's. This position offers an opportunity to make impactful decisions within the organization.

Qualifications

• 5+ years of experience leading a proficient analytic organization.
• 10+ years of experience in the consumer/business lending industry.
• Strong knowledge of Consumer and Business Credit laws and regulations.

Responsibilities

• Drive risk strategy and innovation working with cross functional teams.
• Develop and implement decision rules for overlimit and delinquent authorizations.
• Collaborate with senior leaders to drive strategic initiatives.

Skills

Analytical skills

Communication skills

Project management

Risk mitigation strategies

Leadership

Education

Bachelor's degree in a quantitative discipline

Master's degree preferred

Job description

Job Description

The Executive Director will be responsible for developing and optimizing Authorization Risk Management strategies, policies, practices and controls for Chase Business Cards. The Director will ensure that these strategies drive strong financial performance, achieve loss mitigation objectives, and enable strong risk controls. The Director will meet regularly with leadership of Risk Management, Finance, Lending, and the Card Business Units, and will interact regularly with internal constituents and external regulators to review Risk Management practices.

Responsibilities

• Drive risk strategy and innovation working with cross functional teams and partners
• Develop and implement decision rules for overlimit and delinquent authorizations, including cash line thresholds
• Develop and manage business exposure strategies, including waterfall revenue across all portfolio treatment
• Collaborate with senior leaders to drive strategic initiatives and influence key decisions
• Lead inclusively, with purpose and integrity, and strong focus on continuous professional development and talent management
• Sit at the Portfolio Management Risk leadership table for Business Card
• Work with other areas of Risk, Lending and IT to support the launch of risk strategies and capabilities with an emphasis on strong testing and controls, while keeping customer experience at top of mind
• Mange risk strategies to drive financial performance and risk mitigation improvements while innovating to ensure optimal strategy performance
• Work closely with Risk Governance, Legal and Compliance to ensure policies are in compliance with laws and regulations

Qualifications

• Bachelor's degree in a quantitative discipline from an accredited college/university required; Master's degree preferred
• 5+ years of experience leading a proficient analytic organization
• 10+ years of experience in the consumer/business lending industry
• Strong knowledge and understanding of Consumer and Business Credit laws and regulations
• Proven ability to develop effective controls and manage risk
• Excellent communication and interpersonal skills
• Display expertise in exposure management and risk mitigation strategies
• Proven ability to evaluate the business climate, anticipate change and develop compensating strategies
• Ability to efficiently manage concurrent assignments and quickly react to changing or competing priorities
• Demonstrated leadership in solving business problems through structured analytics
• Strong project management skills and attention to detail to deliver new strategies in a complex decision technology environment

Equal Opportunity Employer/Disability/Veterans