Risk Management - Credit Card 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 - Credit Card Analytics, you will play a pivotal role in safeguarding the credit health of our iconic Chase credit card portfolio. Based in Wilmington, DE, this position involves managing credit risk policies for key products such as Chase Pay Over Time, My Chase Loan, and other installment lending solutions. You will leverage advanced analytics to drive data-informed decisions that support sustainable growth while mitigating potential losses in a dynamic economic landscape. This role offers the opportunity to contribute to high-impact strategies that serve millions of customers and align with our firm's reputation for excellence in financial services. Your primary focus will be on developing robust credit risk frameworks that balance customer accessibility with prudent risk controls. This includes conducting in-depth analyses of credit performance data, building predictive models to forecast delinquencies and defaults, and recommending policy adjustments based on emerging trends. You will collaborate closely with cross-functional teams, including product managers, data scientists, and compliance experts, to ensure policies are both effective and compliant with regulations like the CARD Act and CFPB guidelines. At JP Morgan Chase, you will have access to cutting-edge tools and vast datasets, enabling you to innovate in areas like AI-driven credit decisioning and real-time risk monitoring. In addition to core analytical responsibilities, you will lead initiatives to enhance our risk management capabilities, mentor team members, and communicate findings to senior leadership. This position demands a strategic mindset to navigate complex challenges, such as economic volatility or competitive pressures in the credit card industry. Joining JP Morgan Chase means becoming part of a collaborative culture that values diversity, professional growth, and work-life balance, with opportunities to advance within one of the world's most admired financial institutions.

Key Responsibilities

• Develop, implement, and manage credit risk policies for Chase Pay Over Time, My Chase Loan, and other consumer credit products to ensure portfolio stability and regulatory compliance
• Analyze credit performance data using advanced statistical models to identify trends, risks, and opportunities for policy enhancements
• Collaborate with product, marketing, and operations teams at JP Morgan Chase to align risk policies with business objectives and customer needs
• Conduct stress testing and scenario analysis on credit portfolios to assess potential impacts from economic downturns or market changes
• Monitor key risk metrics such as delinquency rates, loss rates, and approval thresholds, recommending adjustments as needed
• Lead initiatives to integrate emerging technologies like AI and machine learning into credit risk decisioning processes
• Prepare and present risk reports to senior management and regulatory bodies, ensuring transparency and adherence to JP Morgan Chase standards
• Mentor junior analysts and contribute to the development of risk management training programs
• Stay abreast of industry trends, regulatory changes, and competitive landscapes to proactively refine credit policies
• Support audit and compliance reviews by providing detailed documentation and rationale for risk policy decisions

Required Qualifications

• Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field; advanced degree (Master's or PhD) preferred
• Minimum of 7-10 years of experience in credit risk management, analytics, or modeling within the financial services industry
• Proven track record in developing and managing credit risk policies for consumer lending products, such as credit cards or installment loans
• Strong understanding of regulatory requirements including Basel III, Dodd-Frank, and consumer protection laws relevant to credit risk
• Experience with large-scale data analysis and risk modeling in a banking environment
• Ability to lead cross-functional teams and collaborate with stakeholders in risk, product, and compliance
• Proficiency in statistical software and programming languages used in financial analytics

Preferred Qualifications

• Experience at a major financial institution like JP Morgan Chase or similar, with focus on credit card products
• Certification in risk management (e.g., FRM or PRM) or data science
• Background in managing policies for innovative lending solutions like buy now, pay later (BNPL) or personal loans
• Demonstrated success in optimizing credit risk strategies to balance growth and portfolio health
• Knowledge of machine learning applications in credit risk assessment

Required Skills

• Advanced proficiency in SQL for querying large financial datasets
• Expertise in Python or R for statistical modeling and data analysis
• Strong knowledge of credit risk metrics and portfolio management techniques
• Experience with SAS or similar tools for risk modeling in banking
• Analytical thinking and problem-solving skills for complex risk scenarios
• Excellent communication skills for presenting insights to non-technical stakeholders
• Project management abilities to lead policy development initiatives
• Familiarity with machine learning algorithms applied to credit scoring
• Regulatory knowledge specific to U.S. consumer finance laws
• Attention to detail in data validation and model governance
• Leadership and team collaboration skills in a fast-paced environment
• Proficiency in Excel and visualization tools like Tableau or Power BI
• Quantitative modeling skills including regression analysis and Monte Carlo simulations
• Adaptability to evolving financial technologies and risk frameworks
• Ethical judgment in balancing risk and business growth

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 Chase's internal training and tuition reimbursement programs
• Employee stock purchase plan and other financial wellness benefits
• On-site fitness centers and wellness programs at select locations
• Flexible work arrangements and hybrid options in Wilmington, DE

JP Morgan Chase is an equal opportunity employer.