Risk Management - Risk Oversight Lead for Commerce Payments - Executive Director

Location: Columbus, OH, United States

Job Family: Credit Risk

About the Role

At JPMorgan Chase, we are at the forefront of reimagining the future of payments, powering commerce solutions that connect businesses and consumers worldwide. As the Risk Management - Risk Oversight Lead for Commerce Payments - Executive Director, you will play a pivotal role in safeguarding our payment products and services within the Credit Risk category. Based in our Columbus, OH hub, you will lead efforts to identify, assess, and mitigate risks associated with high-volume transaction processing, ensuring the integrity and resilience of our commerce ecosystem. This executive-level position demands a strategic leader who can navigate complex regulatory landscapes while driving innovation in risk management practices tailored to the dynamic payments industry. Your core responsibilities will include overseeing the end-to-end risk framework for commerce payments, from fraud prevention to credit exposure analysis. You will collaborate closely with product development, technology, and compliance teams to embed robust risk controls into new initiatives, such as digital wallets and B2B payment platforms. Leveraging advanced analytics and JPMorgan Chase's proprietary tools, you will monitor real-time data to detect emerging threats, conduct stress tests, and provide actionable insights to senior executives. This role also involves mentoring a high-performing team of risk professionals and representing the function in strategic discussions, ensuring our payments solutions remain secure and compliant with global standards like PCI DSS and AML regulations. JPMorgan Chase offers an unparalleled platform for impact in financial services, with access to cutting-edge resources and a culture of excellence. In this role, you will contribute to protecting billions in transaction volume, fostering trust among our clients—from small merchants to global enterprises. If you thrive in a fast-paced environment and are passionate about balancing innovation with prudent risk oversight, join us to shape the secure future of commerce payments at one of the world's leading financial institutions.

Key Responsibilities

• Lead the risk oversight function for JPMorgan Chase's commerce payments products, ensuring robust identification and mitigation of credit, operational, and fraud risks
• Develop and maintain comprehensive risk assessment frameworks tailored to payment processing and transaction services
• Collaborate with product, technology, and compliance teams to integrate risk controls into new payment initiatives
• Monitor and analyze portfolio performance, identifying emerging risks in real-time transaction data
• Provide executive-level reporting on risk exposures, trends, and mitigation strategies to senior leadership
• Drive regulatory compliance efforts, including stress testing and scenario analysis for payment ecosystems
• Mentor and lead a team of risk analysts, fostering a culture of proactive risk management
• Conduct periodic audits and reviews of third-party payment partners to ensure alignment with JPMorgan Chase standards
• Innovate risk models using advanced analytics to enhance fraud prevention in commerce solutions
• Represent the risk function in cross-business discussions on strategic payment product developments

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Risk Management, or a related field; advanced degree (MBA or Master's) preferred
• 10+ years of experience in risk management, with at least 5 years focused on credit risk in payments or commerce sectors
• Proven track record in leading risk oversight for financial products, including payment processing and transaction services
• Deep knowledge of regulatory frameworks such as Basel III, Dodd-Frank, and payment-specific regulations (e.g., PCI DSS, AML/KYC)
• Experience in developing and implementing risk assessment models for high-volume transaction environments
• Strong analytical skills with proficiency in data analysis tools and risk modeling software
• Ability to collaborate with cross-functional teams in a large financial institution like JPMorgan Chase

Preferred Qualifications

• Certified Risk Management Professional (CRMP) or equivalent certification
• Prior experience in commerce payments or fintech risk oversight at a major bank
• Familiarity with JPMorgan Chase's internal risk management systems and tools
• Background in leading global teams for risk compliance in international markets
• Advanced expertise in machine learning applications for fraud detection in payments

Required Skills

• Expertise in credit risk modeling and quantitative analysis
• Proficiency in SQL, Python, or R for data manipulation and risk analytics
• Strong understanding of payment systems (e.g., ACH, SWIFT, card networks)
• Knowledge of fraud detection algorithms and machine learning techniques
• Excellent communication and stakeholder management skills
• Strategic thinking and problem-solving in high-pressure environments
• Regulatory compliance and audit experience in financial services
• Leadership and team-building capabilities
• Analytical mindset for interpreting complex transaction data
• Project management skills for overseeing risk initiatives
• Familiarity with Basel accords and credit risk capital requirements
• Adaptability to evolving fintech and payments landscape
• Attention to detail in risk reporting and documentation
• Interpersonal skills for cross-functional collaboration
• Ethical judgment in handling sensitive financial data

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 programs and tuition reimbursement
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness initiatives at Columbus campus
• Flexible work arrangements and hybrid work options

JP Morgan Chase is an equal opportunity employer.