CCB Risk - Card Portfolio Management - Executive Director

JPMorgan Chase & Co.; Wilmington (DE); On-site; USD 140,000 - 180,000; Full time

Job summary

JPMorgan Chase & Co. is seeking an Executive Director to develop and optimize Authorization Risk Management strategies for Chase Business Cards. The role requires interaction with Risk Management, Finance, and Card Business Units to ensure strong financial performance and risk controls.

Qualified candidates should possess a Bachelor's degree in a quantitative field with at least 10 years of experience in consumer/business lending, strong knowledge of credit laws, and proven leadership in managing risk.

Qualifications

• 5+ years of experience leading an analytical 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 with cross-functional teams.
• Develop decision rules for overlimit and delinquent authorizations.
• Manage business exposure strategies and collaborate with senior leaders.

Skills

Analytical leadership

Risk management

Communication

Project management

Education

Bachelor's degree in a quantitative discipline

Master’s degree (preferred)

Job description

The ExecutiveDirector 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. In addition, they will interact regularly with internal constituents and external regulators to review Risk Management practices.

Responsibilities

• Drive risk strategy and innovation working withcross 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 oncontinuous 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
• Mangerisk 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

The role requires a deep understanding of the card business. Specific qualifications include:

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