Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As a Vice President within Card Installment, you will have direct ownership and accountability for a defined set of portfolio risk strategies focused on managing credit losses and driving profitability. In this role, you will lead the development and optimization of portfolio strategies for products such as Chase Pay Over Time, My Chase Loan, and other innovative lending initiatives. This includes oversight of eligibility rules, strategy segmentations, and financial assessment. You will leverage data-driven segmentation, targeting, and performance analysis to enhance decision profitability. This position offers significant cross-functional exposure, collaborating closely with product design, marketing, finance, and other teams to build new programs from the ground up. As part of the broader Card Portfolio Credit Risk Team, you will play a key role in shaping the future of our lending products.
**Job Responsibilities:**
+ Have direct ownership and accountability of initiatives for various lending offers including Chase Pay Over Time After Checkout, Chase Pay Over Time at Point of Sale with various co-branded partners, My Chase Loan and other new lending initiatives that are in the pipeline.
+ Implement changes to the strategy with multiple business partners, and communicate performance and future expectations to multiple levels
+ Develop and apply mathematical or statistical theory using analytic tools (SAS, SQL etc.) to collect, organize, interpret, and summarize numerical data sets from multiple sources to develop the best in class risk strategy. Candidate must have excellent SAS/SQL skills
+ Recognize opportunities and enhancements to existing strategies to improve overall financial performance, customer experience and execution quality
+ Design, implement, track, and report on new strategies in a Test vs. Control environment. Follow a disciplined analysis approach to ensure recommendations taken to Senior Management result in correct decisions
+ Effectively develop and communicate creative solutions to business unit management
+ Work with execution team to implement, validate, and monitor the strategy quality and its performance; ensure robust control and governance to manage operational risk
+ Help spearhead best in class documentation and audit controls surrounding portfolio lending strategies
+ Develop and maintain comprehensive controls to ensure processes are executing as designed and perform root cause analysis on trends against these strategies and processes. Where issues arise, must be able to recommend and implement appropriate resolutions
+ Act as a leader and mentor to junior analysts to understand data and find innovative solutions to complex business problems
**Required qualifications, capabilities, and skills:**
+ 6+ years of risk management or financial services experience
+ Strong written and verbal communication skills, including ability to present findings to Senior Management
+ Experience partnering across different functions and possess independent decision-making skills
+ SAS, SQL, and statistical analysis experience
+ Result oriented with high attention to detail and ability to lead projects
+ Flexible and able to handle multiple tasks in a fast-paced changing environment
+ Knowledge of financial procedures & principles and strong understanding of consumer lending
+ Proven innovative thinker with high degree of creativity and possess disciplined analytic and problem-solving skills
+ Bachelor's degree in a relevant discipline like Statistics, Economics, or Finance
**Preferred qualifications, capabilities, and skills:**
+ Related quantitative discipline preferred
+ Advanced degree in Mathematics, Statistics, Economics, Finance
**To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co., will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit including optional practical training (OPT) or curricular practical training (CPT).**
Chase is a leading financial services firm, helping nearly half of America's households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs.
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.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
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