Risk Management - Wholesale Credit Risk Intraday Payments - Vice President

Location: New York, NY, United States

Job Family: Credit Risk

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation in payments and risk management. As a Vice President in Risk Management - Wholesale Credit Risk Intraday Payments, you will play a pivotal role in our Intraday Payments team, monitoring and executing real-time credit decisions for wholesale clients. Based in our state-of-the-art New York office, this position involves overseeing the dynamic flow of intraday payments, ensuring that credit risks are managed effectively to support seamless transactions across our global network. You will leverage cutting-edge technology and data-driven insights to safeguard the firm's liquidity while enabling client success in fast-paced markets. Your day-to-day responsibilities will include conducting rapid credit assessments for intraday overdrafts, analyzing client collateral in real-time, and collaborating with cross-functional teams to mitigate exposures during peak payment volumes. In this role, you will contribute to JP Morgan's commitment to regulatory excellence, adhering to frameworks like Basel III and intraday liquidity rules, while innovating with tools that enhance our risk monitoring capabilities. This is an opportunity to influence high-stakes decisions that impact billions in daily transactions, all within a supportive environment that values diverse perspectives and professional growth. We seek a seasoned professional with deep expertise in wholesale credit and payments, ready to thrive in a 24/7 operational setting. Joining JP Morgan Chase means becoming part of a world-class team dedicated to pushing the boundaries of financial services, with access to unparalleled resources for career advancement and impact.

Key Responsibilities

• Monitor real-time intraday payment flows and conduct credit risk assessments for wholesale clients
• Make timely credit decisions to approve or decline intraday overdrafts and liquidity requests
• Analyze client payment patterns and collateral to mitigate intraday credit exposures
• Collaborate with treasury, operations, and compliance teams to ensure seamless payment processing
• Develop and implement risk monitoring models for intraday payments using data analytics
• Respond to market events and liquidity stresses by adjusting credit limits in real-time
• Prepare reports on intraday risk metrics and present findings to senior management
• Ensure adherence to JP Morgan's risk appetite and regulatory standards for payments
• Train junior team members on intraday credit protocols and best practices
• Contribute to the enhancement of intraday payments infrastructure and risk tools

Required Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field
• Minimum of 7-10 years of experience in credit risk management, preferably in wholesale banking or payments
• Strong understanding of intraday liquidity and real-time payment systems such as FedNow or RTP
• Proven track record in conducting real-time credit assessments and decision-making under pressure
• Knowledge of regulatory requirements including Basel III, Dodd-Frank, and intraday liquidity regulations
• Experience with risk management tools and data analytics in a financial services environment
• Ability to work in a fast-paced, 24/7 operational setting with rotating shifts

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance/Risk Management)
• Certification in Credit Risk (e.g., FRM or CFA)
• Prior experience at a major financial institution like JP Morgan Chase in payments or treasury services
• Familiarity with JP Morgan's internal risk frameworks and wholesale credit policies
• Hands-on experience with AI/ML applications in real-time risk monitoring

Required Skills

• Expertise in credit risk analysis and modeling
• Proficiency in real-time data analytics and visualization tools (e.g., Tableau, Python)
• Strong knowledge of financial markets and payment systems
• Excellent decision-making under time constraints
• Advanced Excel and SQL for data manipulation
• Understanding of liquidity risk and collateral management
• Effective communication and stakeholder collaboration skills
• Attention to detail and regulatory compliance awareness
• Problem-solving in high-pressure environments
• Familiarity with risk management software (e.g., Murex, Moody's Analytics)
• Analytical mindset for pattern recognition in payment data
• Team leadership and mentoring abilities
• Adaptability to shifting market conditions
• Technical proficiency in AI-driven risk tools

Benefits

• Competitive base salary and performance-based annual bonus
• 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 programs and tuition reimbursement for advanced education
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers, wellness programs, and mental health support
• Hybrid work flexibility and relocation assistance for eligible roles

JP Morgan Chase is an equal opportunity employer.