JP Morgan Chase & Co.

J.P. Morgan Wealth Management - Vice President, Wealth Management Credit Decisioning Unit

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

Qualifications

  • Undergraduate degree required
  • 6+ years in analytical, technical, trading, or research roles
  • Broad knowledge of financial products
  • Practical experience with Python and data analytics packages
  • Experience with Tableau and Microsoft Office
  • Strong communication skills for conveying technical concepts
  • Team-oriented with a strong ownership mentality

Responsibilities

  • Support risk-taking and decisioning using the Marginal Decisioning Framework (MDF)
  • Manage the margin adequacy framework in collaboration with partners
  • Design and extend quantitative models and frameworks
  • Ensure analytics quality for credible decisioning frameworks
  • Collaborate with teams to structure innovative credit solutions
  • Assist front line teams with complex queries and publish market commentary
  • Produce compliant documentation and support governance and presentations

Benefits

  • Access to innovative credit decisioning projects
  • Opportunity to work closely with experienced front line teams
  • Engagement with cross-functional departments
  • Involvement in pioneering risk management frameworks
  • Exposure to a wide variety of financial products and services
Full Job Description
JOB DESCRIPTION

Shape how systematic credit risk is taken across a growing wealth platform. Join a foundational team building new decisioning frameworks and scalable first-line controls across bank and broker-dealer lending products.

Job summary

As a Vice President in the JPMorgan Wealth Management Credit Decisioning Unit (a First Line Unit), you will help build and operationalize an innovative Marginal Decisioning Framework (MDF) to balance risk and reward across securities-based lending, margin, and other credit exposures. This individual contributor role partners closely with front line teams, Product, Independent Risk (2LOD), Technology, and support functions to strengthen portfolio decisioning, analytics, solutions structuring, and governance.

Job responsibilities
  • Support lending portfolio risk-taking and decisioning using the Marginal Decisioning Framework (MDF)
  • Help manage the margin adequacy framework, coordinating market coverage and market-driven actions with 1LOD and 2LOD partners
  • Design and/or extend quantitative models, frameworks, and metrics, including governance as needed
  • Maintain analytics quality to ensure credibility and robustness of decisioning frameworks
  • Partner with front line teams and 2LOD to structure innovative credit solutions and support non-standard asset lending requests
  • Support front line teams with complex queries, learning forums, and client discussions; publish market-facing commentary and research as needed
  • Produce compliant documentation and reporting; support governance, escalations, and presentations to relevant forums
Required qualifications, capabilities, and skills
  • Undergraduate degree
  • 6+ years in an analytical, technical, trading, or research-oriented role in capital markets
  • Broad financial product knowledge
  • Practical Python experience and familiarity with data analytics packages in a professional environment
  • Practical experience with Tableau or other BI/data visualization tools and Microsoft Office (Excel, PowerPoint, Word)
  • Strong communication and interpersonal skills, including explaining technical capital markets concepts to non-technical audiences
  • Team-oriented mindset with a strong sense of ownership
Preferred qualifications, capabilities, and skills
  • Academic concentration in a technical discipline
  • Graduate degree and/or professional designations
  • Background in (or experience with) financial mathematics, financial engineering, quantitative risk methodologies, and/or data science
  • Experience in credit risk/market risk, derivatives/hedging strategies, and/or credit portfolio management/lending businesses

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.

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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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