Credit Risk - Associate - Card Consumer Acquisitions

Location: Wilmington, DE, United States

Job Family: Credit Risk

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a strong commitment to innovation in consumer banking. The Credit Risk - Associate - Card Consumer Acquisitions role offers an exciting opportunity to join a newly formed team dedicated to enhancing our credit card acquisition strategies. Based in Wilmington, DE, this position is pivotal in driving responsible growth in our consumer card portfolio by balancing risk and opportunity in a dynamic market. As an Associate, you will contribute to the evaluation and mitigation of credit risks associated with new customer acquisitions, leveraging advanced analytics to support JP Morgan Chase's position as a trusted partner in personal finance. In this role, you will dive deep into credit data to refine acquisition models, ensuring they align with our rigorous risk standards and regulatory obligations. You will work closely with marketing and product teams to design acquisition campaigns that attract high-quality customers while minimizing default risks. Responsibilities include building predictive models, performing portfolio stress tests, and providing actionable insights to senior leadership. This position demands a blend of technical expertise and strategic thinking, allowing you to influence decisions that impact millions of customers and contribute to the firm's profitability in the competitive credit card sector. JP Morgan Chase values a diverse and inclusive workplace, offering robust professional development opportunities to help you advance your career in financial services. Joining this new team means being at the forefront of evolving consumer credit trends, including the integration of AI and machine learning for smarter risk decisions. If you are passionate about credit risk and eager to make a meaningful impact in a world-class institution, this role in Wilmington, DE, provides the platform to grow and excel.

Key Responsibilities

• Analyze credit risk profiles for consumer card acquisition strategies to support business growth
• Develop and implement credit policy guidelines for new customer onboarding
• Utilize data analytics to assess acquisition risk models and recommend adjustments
• Collaborate with cross-functional teams including marketing, product, and compliance to optimize acquisition funnels
• Monitor portfolio performance post-acquisition and identify emerging risks
• Conduct stress testing and scenario analysis on consumer credit portfolios
• Prepare reports and presentations for senior management on risk metrics and trends
• Ensure adherence to regulatory standards such as FCRA and ECOA in acquisition processes
• Support the integration of AI-driven tools for enhanced risk decisioning
• Contribute to the development of innovative risk strategies for underserved consumer segments

Required Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field
• 2-4 years of experience in credit risk management, consumer lending, or financial services
• Strong understanding of credit scoring models, underwriting principles, and regulatory requirements in consumer credit
• Proficiency in data analysis tools such as SQL, Python, or SAS for risk assessment
• Knowledge of consumer acquisition strategies in the credit card industry
• Ability to work collaboratively in a fast-paced team environment
• U.S. work authorization without sponsorship

Preferred Qualifications

• Advanced degree (Master's or MBA) in Finance or related discipline
• Experience with JP Morgan Chase or similar large financial institutions in card products
• Familiarity with Basel III regulations and credit risk frameworks
• Prior exposure to machine learning applications in credit risk modeling
• CFA or FRM certification

Required Skills

• Credit risk analysis
• Data analytics and modeling
• SQL proficiency
• Python or R programming
• Financial modeling
• Regulatory compliance knowledge
• Problem-solving
• Attention to detail
• Communication skills
• Team collaboration
• Analytical thinking
• Risk assessment
• Consumer lending expertise
• Project management
• Stakeholder engagement

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with company matching contributions
• Generous paid time off, including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement for further education
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness programs at JP Morgan Chase facilities
• Flexible work arrangements, including hybrid options in Wilmington, DE

JP Morgan Chase is an equal opportunity employer.