Risk Management - Card Risk Analytics - Vice President

Location: Wilmington, DE, United States

Job Family: Risk Analytics/Modeling

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a strong commitment to innovation and risk management in our consumer banking division. As a Vice President in Risk Management - Card Risk Analytics, you will play a pivotal role in our Card Services team, focusing on acquisitions risk to ensure secure and efficient onboarding of new credit card customers. Based in Wilmington, DE, this position offers the opportunity to leverage cutting-edge analytics to mitigate credit and fraud risks while supporting business growth in one of the world's largest card portfolios. You will contribute to strategic initiatives that align with our firm's dedication to responsible lending and regulatory excellence, working in a collaborative environment that values diverse perspectives and data-driven decision-making. In this role, you will lead the development and enhancement of sophisticated risk models tailored to the dynamics of card acquisitions. This includes analyzing vast datasets to predict default probabilities, optimize approval thresholds, and integrate advanced fraud detection mechanisms. You will partner closely with teams across Chase's consumer banking operations to refine risk strategies that balance customer acquisition goals with prudent risk controls. Additionally, you will conduct ongoing model validation, stress testing, and performance monitoring to adapt to changing market conditions and regulatory landscapes, such as those governed by the Consumer Financial Protection Bureau (CFPB) and Federal Reserve guidelines. We seek a seasoned professional with deep expertise in quantitative risk analytics and a passion for the financial services industry. This position is ideal for someone who thrives in a high-impact role at JP Morgan Chase, where your work directly influences millions of customers and contributes to the firm's reputation for integrity and innovation. Join us to advance your career in a supportive culture that emphasizes professional growth, work-life balance, and meaningful impact on global finance.

Key Responsibilities

• Develop and maintain advanced risk models for card acquisitions, focusing on credit risk assessment and decisioning
• Analyze acquisition data to identify trends, patterns, and potential risks in new customer onboarding
• Collaborate with cross-functional teams including product, marketing, and compliance to optimize risk strategies
• Perform stress testing and scenario analysis to ensure robustness of risk models under various economic conditions
• Monitor and report on key risk metrics, providing actionable insights to senior management
• Enhance fraud detection algorithms and integrate them into the acquisitions process
• Support regulatory reporting and audits related to card risk management
• Lead initiatives to improve model performance using emerging technologies like AI and big data
• Mentor junior analysts and contribute to the development of best practices in risk analytics
• Stay abreast of industry trends and regulatory changes impacting card risk management

Required Qualifications

• Bachelor's degree in Finance, Economics, Statistics, Mathematics, Computer Science, or a related quantitative field
• Minimum of 7-10 years of experience in risk management, analytics, or modeling within the financial services industry
• Proven expertise in credit risk modeling, particularly for consumer lending products like credit cards
• Strong proficiency in statistical analysis and data manipulation using tools like SQL, Python, or R
• Experience with regulatory compliance in risk management, such as Basel III or Dodd-Frank requirements
• Ability to work with large datasets and perform advanced analytics in a fast-paced environment
• Excellent communication skills to present complex risk insights to senior stakeholders

Preferred Qualifications

• Advanced degree (Master's or PhD) in a quantitative discipline
• Experience in card acquisitions risk at a major financial institution
• Familiarity with machine learning techniques applied to fraud detection and risk scoring
• Certification in risk management (e.g., FRM or PRM)
• Prior leadership experience managing analytics teams in a banking context

Required Skills

• Advanced statistical modeling and predictive analytics
• Proficiency in SQL for data querying and analysis
• Programming in Python or R for data science tasks
• Machine learning algorithms for risk classification
• Data visualization tools like Tableau or Power BI
• Credit risk assessment and scoring methodologies
• Regulatory knowledge in financial risk management
• Strong analytical and problem-solving abilities
• Effective communication and presentation skills
• Project management and stakeholder collaboration
• Fraud detection and prevention techniques
• Big data handling with Hadoop or similar platforms
• Excel and financial modeling expertise
• Attention to detail and ethical decision-making
• Adaptability to evolving financial technologies

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 opportunities, including tuition reimbursement and leadership training
• Employee stock purchase plan and access to 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.