Risk Management - Risk Oversight Lead for Credit and Cobrand Cards - Vice President

Location: Columbus, OH, United States

Job Family: Credit Risk

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a commitment to innovation and client success. As the Risk Management - Risk Oversight Lead for Credit and CoBranded Cards - Vice President, you will play a pivotal role in safeguarding our consumer banking division's credit card portfolio. Based in our Columbus, OH hub, this position involves leading the oversight of risk strategies for both proprietary credit cards and co-branded partnerships with major retailers and brands. You will ensure that our products remain resilient against credit, market, and operational risks while supporting business growth in a highly regulated environment. This role demands a strategic mindset to balance risk appetite with profitability, leveraging JP Morgan Chase's vast resources in data analytics and technology. Your primary focus will be on developing robust risk frameworks that align with enterprise-wide standards and regulatory requirements, such as those from the Federal Reserve and OCC. You will collaborate closely with product managers, data scientists, and compliance experts to identify emerging risks, conduct stress tests, and implement mitigation controls. In this Vice President-level position, you will mentor a team of risk professionals, drive key initiatives like advanced credit scoring models, and provide executive-level reporting on portfolio health. At JP Morgan Chase, we value diverse perspectives, and this role offers opportunities to influence high-impact decisions that shape our $1 trillion+ asset management landscape. We seek a seasoned leader passionate about financial risk management in the dynamic consumer credit space. Joining JP Morgan Chase means becoming part of a culture that prioritizes integrity, innovation, and inclusion, with access to cutting-edge tools and global networks. This position not only challenges you to excel in risk oversight but also positions you for broader leadership within our esteemed institution, contributing to the stability and success of our clients' financial journeys.

Key Responsibilities

• Lead the risk oversight function for JP Morgan Chase's Credit and Co-Branded Cards portfolio, ensuring alignment with enterprise risk management standards
• Develop and maintain risk policies, procedures, and controls to mitigate credit, operational, and compliance risks
• Conduct comprehensive risk assessments and stress testing for credit card products, including co-branded partnerships
• Collaborate with business units, legal, and compliance teams to monitor regulatory changes and implement necessary adjustments
• Oversee the identification, measurement, and reporting of key risk indicators (KRIs) and key performance indicators (KPIs)
• Provide strategic advice to senior leadership on risk appetite, exposure limits, and portfolio optimization
• Manage a team of risk analysts, fostering a culture of risk awareness and accountability
• Drive initiatives to enhance risk modeling and predictive analytics for credit decisioning
• Ensure timely escalation and resolution of emerging risks, including those related to fraud and market volatility
• Contribute to the annual risk management plan and support internal audits and external examinations

Required Qualifications

• Bachelor's degree in Finance, Business, Economics, or a related field; advanced degree (MBA or Master's) preferred
• 8+ years of experience in credit risk management, particularly in consumer credit cards or co-branded card programs
• Proven track record in risk oversight, policy development, and regulatory compliance within the financial services industry
• Strong understanding of Basel regulations, Dodd-Frank Act, and other relevant banking regulations
• Experience leading cross-functional teams in risk assessment and mitigation strategies
• Proficiency in data analysis tools and risk modeling software used in financial institutions
• Ability to obtain necessary security clearances and certifications for handling sensitive financial data

Preferred Qualifications

• CFA, FRM, or similar professional certification in risk management
• Prior experience at a major financial institution like JP Morgan Chase or equivalent
• Knowledge of co-branded partnership dynamics and revenue-sharing models in credit products
• Experience with advanced analytics, including machine learning applications in credit risk
• Demonstrated leadership in implementing risk frameworks during periods of regulatory change

Required Skills

• Expertise in credit risk modeling and portfolio analysis
• Proficiency in SQL, Python, or R for data manipulation and risk analytics
• Strong knowledge of financial regulations and compliance frameworks
• Excellent analytical and problem-solving abilities
• Leadership and team management skills
• Effective communication, both written and verbal, for stakeholder engagement
• Project management experience with tools like Jira or Microsoft Project
• Understanding of machine learning techniques for fraud detection
• Risk assessment and scenario planning expertise
• Attention to detail in policy development and reporting
• Strategic thinking for long-term risk mitigation
• Cross-functional collaboration skills
• Adaptability to evolving regulatory landscapes
• Quantitative analysis proficiency
• Ethical decision-making in high-stakes environments

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, 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 and hybrid work options in Columbus, OH

JP Morgan Chase is an equal opportunity employer.