Head of Credit Decision Pricing - Executive Director

Location: Plano, TX, United States

Job Family: Quant Analytics

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a strong presence in consumer banking, including our innovative Auto Lending division. As the Head of Credit Decision Pricing - Executive Director, you will play a pivotal role in shaping the pricing strategy that powers our dynamic auto lending operations. Based in our state-of-the-art Plano, TX campus, you will lead a team of elite quantitative analysts to deliver data-driven pricing solutions that balance profitability, risk, and customer experience in a competitive market. This executive-level position within our Quant Analytics category demands a strategic visionary who can harness advanced analytics to drive business success while adhering to the highest standards of regulatory compliance and ethical practices synonymous with JP Morgan Chase. Your core responsibilities will include spearheading the development of sophisticated pricing models that integrate credit risk assessments, market intelligence, and financial forecasting. You will collaborate closely with senior leaders across Consumer & Community Banking, Corporate Risk, and Finance to ensure pricing strategies align with broader firm objectives, such as sustainable growth and enhanced shareholder value. In this role, you will leverage cutting-edge tools and methodologies to analyze vast datasets, optimize decision engines, and respond agilely to economic shifts affecting auto lending, all while fostering a collaborative team environment that embodies JP Morgan's commitment to innovation and inclusion. This position offers a unique opportunity to influence the future of consumer finance at one of the world's most admired banks. With access to unparalleled resources, including proprietary data platforms and global expertise, you will contribute to initiatives that not only boost our Auto Lending portfolio but also advance JP Morgan Chase's mission to enable economic opportunity for all. If you thrive in a high-impact, intellectually stimulating setting and are passionate about quantitative finance, join us to lead transformative pricing strategies that redefine excellence in the industry.

Key Responsibilities

• Develop and lead the overall pricing strategy for credit decisions in JP Morgan Chase's Auto Lending portfolio, ensuring alignment with business objectives and risk appetite
• Conduct in-depth financial analysis to model pricing impacts on profitability, volume, and risk-adjusted returns
• Collaborate with cross-functional teams including risk management, product, and sales to optimize pricing models and drive revenue growth
• Oversee the implementation of advanced analytics and pricing tools to support real-time decisioning in a dynamic auto lending market
• Monitor market trends, competitor pricing, and regulatory changes to refine strategies and maintain competitive edge
• Mentor and lead a team of quantitative analysts, fostering a culture of innovation and excellence
• Provide executive-level reporting and insights on pricing performance to senior leadership
• Ensure compliance with internal policies and external regulations such as Dodd-Frank and CFPB guidelines
• Identify opportunities for process improvements in credit pricing workflows to enhance efficiency
• Drive initiatives to integrate ESG factors into pricing decisions for sustainable lending practices

Required Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field; Master's degree or MBA preferred
• 10+ years of experience in credit risk management, pricing strategy, or financial analysis within the financial services industry
• Proven leadership experience managing high-performing teams in a fast-paced lending environment
• Deep expertise in auto lending products, credit decisioning, and regulatory compliance in consumer finance
• Strong analytical skills with proficiency in statistical modeling and data-driven decision making
• Experience with pricing optimization tools and methodologies in a competitive market
• Ability to navigate complex stakeholder relationships across risk, finance, and business units

Preferred Qualifications

• Advanced degree in Quantitative Finance or related field
• Prior experience at a major financial institution like JP Morgan Chase in consumer banking or auto finance
• Familiarity with machine learning applications in credit pricing and risk assessment
• CFA, FRM, or similar professional certification
• Track record of implementing pricing strategies that enhance profitability and customer satisfaction

Required Skills

• Expertise in financial modeling and pricing algorithms
• Proficiency in Python, R, or SAS for quantitative analysis
• Strong knowledge of credit risk metrics (e.g., PD, LGD, EAD)
• Experience with SQL and big data tools like Hadoop or Spark
• Leadership and team management skills
• Excellent communication and presentation abilities for executive audiences
• Analytical problem-solving in high-stakes environments
• Understanding of auto finance regulations and market dynamics
• Project management for cross-functional initiatives
• Strategic thinking for long-term pricing optimization
• Data visualization skills using Tableau or Power BI
• Negotiation and stakeholder influence
• Adaptability to evolving fintech landscapes
• Attention to detail in financial reporting
• Innovation in applying AI/ML to pricing decisions

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company match
• Paid time off, including vacation, sick days, and parental leave
• Professional development opportunities through JP Morgan's internal training programs
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness programs at Plano campus
• Flexible work arrangements and hybrid work options

JP Morgan Chase is an equal opportunity employer.