Executive Director - Card Affluent Acquisitions Risk Strategy Director

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 rich history of innovation and client focus. As the Executive Director - Card Affluent Acquisitions Risk Strategy Director, you will play a pivotal role in our Credit Risk organization, supporting the affluent portfolios within our Consumer Banking division. Based in Wilmington, DE, this position involves leading the development of sophisticated risk strategies to drive responsible growth in high-net-worth card acquisitions. You will leverage your expertise to balance business expansion with prudent risk management, ensuring our affluent clients receive seamless, secure experiences while adhering to the highest standards of regulatory compliance and ethical practices. In this executive leadership role, you will oversee the end-to-end risk strategy for card applications from affluent segments, including model validation, policy design, and performance analytics. Collaborating closely with teams across Chase Card Services, you will analyze market trends, customer behaviors, and economic indicators to refine acquisition criteria and mitigate potential losses. Your work will directly impact our ability to serve premium clients with tailored products like the Chase Sapphire Reserve, while safeguarding the firm's portfolio against credit, fraud, and operational risks in a dynamic financial landscape. We seek a strategic thinker with a passion for financial innovation and risk excellence. Joining JP Morgan Chase means contributing to a purpose-driven culture that values diversity, inclusion, and professional growth. This role offers the opportunity to influence high-stakes decisions in one of the world's most admired banks, with access to cutting-edge tools and a collaborative environment that fosters bold ideas and lasting impact.

Key Responsibilities

• Develop and execute risk strategies for card acquisitions targeting affluent portfolios, ensuring alignment with business objectives and risk appetite
• Lead the analysis of acquisition risk models, including application scoring, underwriting policies, and portfolio performance monitoring
• Collaborate with cross-functional teams including product, marketing, and compliance to optimize acquisition processes while mitigating credit risk
• Monitor and report on key risk metrics for affluent segments, providing insights to senior leadership at JP Morgan Chase
• Drive initiatives to enhance fraud detection and prevention in high-value card applications
• Conduct scenario analysis and stress testing for affluent acquisitions to ensure resilience against economic downturns
• Partner with technology teams to implement advanced analytics and AI-driven risk tools
• Ensure compliance with internal policies and external regulations, including periodic audits and policy updates
• Mentor junior risk analysts and contribute to talent development within the Credit Risk organization

Required Qualifications

• Bachelor's degree in Finance, Economics, Business, or a related field; advanced degree (MBA or Master's) preferred
• 10+ years of experience in credit risk management, particularly in consumer lending or credit card acquisitions
• Proven track record in developing and implementing risk strategies for high-net-worth or affluent customer segments
• Deep knowledge of regulatory requirements including FCRA, ECOA, and Basel III in the financial services industry
• Experience with data analytics and modeling in a banking environment, with proficiency in tools like SAS or SQL
• Strong leadership experience managing cross-functional teams in a large financial institution

Preferred Qualifications

• Experience working at a major bank like JP Morgan Chase or similar in card products risk
• Certification in credit risk (e.g., FRM or CFA)
• Background in affluent banking or wealth management risk strategies
• Familiarity with machine learning applications in credit decisioning

Required Skills

• Credit risk modeling and analytics
• Data analysis using SQL, Python, or R
• Regulatory compliance knowledge in banking
• Strategic thinking and problem-solving
• Leadership and team management
• Financial statement analysis
• Machine learning for risk assessment
• Stakeholder communication and presentation
• Project management methodologies
• Fraud detection techniques
• Portfolio risk monitoring
• Excel and advanced spreadsheet skills
• Business acumen in consumer finance
• Attention to detail and accuracy
• Adaptability in a fast-paced environment

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with company match up to 6%
• Generous paid time off, including vacation, sick days, and parental leave
• Professional development opportunities, including tuition reimbursement and leadership training
• Employee stock purchase plan and financial wellness programs
• On-site fitness centers and wellness initiatives at JP Morgan Chase locations
• Flexible work arrangements, including hybrid options in Wilmington, DE

JP Morgan Chase is an equal opportunity employer.