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JP Morgan Chase

Runs a consumer bank and an investment bank

Card Risk Acquisitions Strategy Vice President - Consumer & Community Banking

Risk ManagementConfirmed live in the last 24 hours
Full-timeWilmington, DE, USANo salary listedIn-person

About the Job

Requirements

  • A minimum of five years of risk management or financial services experience is required.
  • A bachelor's degree with a concentration in Mathematics, Finance, Statistics, or Economics is required.
  • Strong written and verbal communication skills are required.
  • Data mining skills using SAS, SQL, Python, Excel, Microsoft Office, and database software applications are required.
  • A strong understanding or working knowledge of credit risk models is required.
  • The candidate must be flexible and able to handle multiple tasks and a changing environment.
  • Demonstrated experience applying analytics to solve business problems efficiently and pragmatically through structured problem-solving approaches and proven independent decision-making skills is required.

Responsibilities

  • Develop the new account loss forecast for consumer and small business.
  • Lead a team of analysts supporting all aspects of the new account loss forecast, including design, implementation, and monitoring, while working closely with business partners.
  • Design and implement the vision, strategy, methodology, and process for risk strategies, maintaining appropriate measurement, evaluation, and reporting standards to identify risks and opportunities.
  • Set adequate and measurable goals and objectives to ensure tasks are carried out professionally.
  • Provide clear, concise, and objective guidance to senior management on risk issues in strategic decision-making, help guide management with a global view of risk, and prepare comprehensive summary reports for appropriate committees.
  • Identify and implement Card Risk Acquisition strategies while considering credit, legal, reputational, and operational risks.
  • Monitor the performance of Card Risk Acquisition strategies for relevant products.
  • Develop productive working relationships with leaders across Marketing, Finance, Risk Execution, Legal, and Compliance to identify opportunities to manage risk-adjusted returns and achieve financial and strategic objectives.
  • Advocate and speak for management on risk issues and risk management strategies.
  • Build relationships with business partners across the firm and interact with key clients and cobrand partner leadership teams.

Desired Qualifications

  • An advanced degree is preferred.
  • Working knowledge of credit risk models, including machine learning and logistic regression models, is preferred.

About the Company

JP Morgan Chase

Runs a consumer bank and an investment bank

JPMorgan Chase runs the largest bank in the United States, which serves households and small businesses as Chase and large companies, governments, and investors as J.P. Morgan. During the 2008 financial crisis it bought the failing investment bank Bear Stearns and lender Washington Mutual, and in 2023 it took over First Republic Bank after regulators seized it. Chase takes deposits and earns interest on credit cards, mortgages, and car loans, while the investment side earns fees for advising on mergers, raising money for companies, trading stocks and bonds, and managing wealth. Formed in a 2000 merger, JPMorgan Chase traces its roots to 1799 and is based in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1799

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