Risk Management - Wholesale Credit Risk Administration - Vice President

Location: Chicago, IL, United States

Job Family: Risk Support

About the Role

At JPMorgan Chase, we are at the forefront of financial services innovation, and our Risk Management team plays a pivotal role in safeguarding our wholesale banking operations. As a Vice President in Wholesale Credit Risk Administration, you will lead transformative change management initiatives for our credit risk systems, driving efficiency, innovation, and unwavering compliance. Based in our Chicago office, you will collaborate with global teams to enhance the tools and processes that support our $2.5 trillion asset management powerhouse, ensuring robust risk oversight for corporate and investment banking clients. This role demands a strategic leader who can navigate complex regulatory landscapes while championing technological advancements to optimize credit decision-making. Your primary focus will be on spearheading projects that modernize credit risk platforms, from initial assessment to post-implementation evaluation. You will partner with IT, front-office business units, and compliance experts to implement system enhancements that reduce operational risks and improve data accuracy in wholesale lending portfolios. By leveraging your deep industry knowledge, you will identify opportunities for automation and AI-driven analytics, aligning with JPMorgan Chase's commitment to digital transformation. Success in this position requires not only technical acumen but also the ability to influence senior stakeholders and foster a culture of proactive risk management. Joining JPMorgan Chase means becoming part of a world-class institution dedicated to integrity, excellence, and community impact. In this Vice President role, you will contribute to our mission of enabling the dreams of millions while advancing your career in a supportive, inclusive environment. With access to cutting-edge resources and mentorship from industry leaders, you will play a key role in shaping the future of credit risk at one of the world's most admired financial firms.

Key Responsibilities

• Lead the change management process for wholesale credit risk systems, ensuring seamless integration and minimal disruption to operations
• Drive innovation by identifying and implementing new technologies to enhance credit risk assessment and monitoring at JPMorgan Chase
• Collaborate with cross-functional teams including IT, compliance, and business units to align system enhancements with strategic goals
• Ensure all changes comply with internal policies and external regulations, mitigating risks in the wholesale lending portfolio
• Develop and execute project plans for system upgrades, including stakeholder communication and training programs
• Monitor system performance post-implementation, analyzing metrics to drive continuous efficiency improvements
• Provide expert guidance on credit risk administration best practices to senior leadership
• Foster a culture of innovation and compliance within the Risk Management team in Chicago
• Conduct risk assessments and impact analyses for proposed system changes

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Risk Management, or a related field; advanced degree (MBA or Master's) preferred
• Minimum of 8-10 years of experience in credit risk management, systems administration, or related roles within the financial services industry
• Proven track record in leading change management initiatives for risk systems in a wholesale banking environment
• Strong understanding of regulatory requirements such as Basel III, Dodd-Frank, and CCAR for credit risk compliance
• Experience with credit risk platforms and tools used in large financial institutions
• Demonstrated ability to manage cross-functional teams in a high-stakes, fast-paced setting

Preferred Qualifications

• Experience at a major financial institution like JPMorgan Chase or similar
• Certification in risk management (e.g., FRM or PRM)
• Knowledge of agile methodologies for system implementation and change management
• Prior involvement in digital transformation projects within wholesale credit risk

Required Skills

• Expertise in credit risk modeling and analytics
• Proficiency in risk management software (e.g., Moody's, SAS, or proprietary JPMorgan tools)
• Strong project management skills using tools like Jira or MS Project
• Knowledge of SQL and data querying for risk system analysis
• Excellent communication and stakeholder management abilities
• Leadership and team-building skills in a matrixed organization
• Analytical mindset for identifying inefficiencies in credit processes
• Regulatory compliance expertise in financial services
• Agile and change management methodologies
• Problem-solving in high-pressure environments
• Familiarity with wholesale banking products and credit facilities
• Technical aptitude for system integration and automation
• Strategic thinking for innovation in risk administration
• Attention to detail in compliance and documentation

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 JPMorgan Chase's internal training programs
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness programs at Chicago locations
• Flexible work arrangements and hybrid work options

JP Morgan Chase is an equal opportunity employer.