JP Morgan Chase & Co.

CCB Risk - Card Portfolio Management - Executive Director

JP Morgan Chase & Co.$150K — $200K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a quantitative discipline; Master's preferred
  • 5+ years leading an analytic team
  • 10+ years in consumer/business lending
  • Strong knowledge of consumer and business credit laws
  • Proven skills in risk management and developing effective controls
  • Excellent communication and interpersonal abilities
  • Expertise in exposure management and risk mitigation strategies

Responsibilities

  • Drive risk strategy and innovation with cross-functional teams
  • Develop decision rules for overlimit and delinquent authorizations
  • Manage business exposure strategies for revenue optimization
  • Collaborate with senior leaders on strategic initiatives
  • Lead with purpose, integrity, and focus on talent development
  • Participate in Portfolio Management Risk leadership meetings
  • Support the launch of risk strategies while prioritizing customer experience
  • Ensure compliance of policies with relevant laws and regulations

Benefits

  • Access to professional development programs
  • Opportunities for leadership growth
  • Collaboration with senior leadership across divisions
  • Engagement with regulatory bodies and industry trends
  • Participation in a dynamic and innovative team environment
Full Job Description
JOB DESCRIPTION

The ExecutiveDirectorwill 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.

Specifically, the Risk Director will:

  • 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

Qualifications:

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

  • Bachelor's degree in a quantitative discipline from an accredited college/university required; Master27s 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

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
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

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