Job DescriptionJoin Chase Card Services, the top credit card issuer in the U.S., and lead innovative credit strategies for small and medium businesses. As a Card Acquisitions Risk Strategy Director in the Card Credit Decisioning Unit, you will lead the credit function for Small & Medium Business Card Acquisitions. You will define risk appetite, manage credit risk, and ensure lending decisions align with our financial goals. Collaborating with internal teams, you will develop risk management strategies and shape underwriting policies to support responsible growth. Your role is crucial in managing risk-taking activities for business card origination
Job Responsibilities:- Define the Credit Box in partnership with SMB Product GM's, Finance, and the second line of defense Credit Risk team
- Lead alignment with Product and Finance and Risk to define and execute on strategies to achieve credit goals
- Partner closely with product and risk teams in assessing new credit opportunities. Define an execution plan for new credit opportunities
- Set up reviews and processes to ensure we are executing well on our credit box assumptions
- Partner with risk strategies in defining variables that would be included in new credit models and interface with the modeling team on the acquisitions modeling suite and roadmap
- Recruit and develop high performing talent to staff the acquisitions credit decisioning unit
- Develop and implement metrics to track acquisitions performance. Lead the report outs for performance monitoring to senior leadership
- Help shape credit policies, underwriting standards, and risk management frameworks
- Ensure adherence to banking regulations and internal controls related to credit risk
- Work with teams across business lines (e.g., risk, underwriting, legal, finance) to balance growth and risk
- Provide approvals or recommendations for complex acquisitions related credit transactions
Required qualifications, skills and capabilities:- Bachelor's Degree in finance, business administration, or a related field is required
- 10+ years of relevant experience in direct to consumer lending, originations, and/or retail credit experience at a complex large-scale financial services business
- Ability to evaluate and manage credit risk effectively along with deep knowledge of banking regulations and ensuring adherence
- Strong judgment in approving or recommending credit transactions along with exceptional quantitative and qualitative finance and analytical skills
- Demonstrated strategic thinking and execution skills; insight and ability to proactively identify opportunities to innovate and improve the business
- Exceptional people leadership, relationship development and negotiating skills; ability to earn respect and trust among internal and external business partners and team members
- Proven experience in collaborating across teams and lines of business within large organizations
- Strong proficiency with executive-level presentation materials and briefings, and the ability to simplify complex subject matter into digestible executive communications
- A high level of personal initiative, setting and achieving challenging goals, and demonstrating entrepreneurial leadership
- Excellent analytical skills with the ability to leverage data and anecdotal feedback to structure complex problems and make decisions
- Demonstrated career of successful program implementations
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.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
About the TeamOur Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We're proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions - all while ranking first in customer satisfaction.
Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.
