JP Morgan Chase & Co.

Card Portfolio Risk Strategy Associate

JP Morgan Chase & Co. • $70K — $95K *
Wilmington, DE 19801In-Person
Finance & Insurance
Less than 5 years of experience
2 weeks ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Business Administration, or related field
  • 2 years of experience in direct-to-consumer lending, originations, and/or retail credit
  • Ability to evaluate and manage credit risk with strong analytical skills
  • Proven strategic thinking and execution capabilities
  • Experience collaborating across teams in complex organizations
  • Proficiency in executive-level presentation materials
  • High level of personal initiative with a success in setting challenging goals

Responsibilities

  • Evaluate the credit box with product leaders and risk teams
  • Assess and execute new credit expansion opportunities
  • Establish processes to ensure credit assumptions are met
  • Define variables for new credit models with risk strategy teams
  • Develop metrics to track portfolio performance
  • Ensure strong regulatory and controls in risk activities
  • Collaborate with various stakeholders to balance growth and risk management

Benefits

  • Opportunity to influence business outcomes directly
  • High visibility role with connections to senior leaders
  • Access to develop risk management strategies alongside seasoned professionals
  • Involvement in a newly created function fostering innovation
  • Work in collaboration with diverse teams across the organization
Full 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 JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Finance & Insurance
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ
CCF
* Ladders Estimates

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