Risk Third Party Data Bureau Consumption – Vice President

Location: Wilmington, DE, 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 global operations. As a Vice President in Risk Third Party Data Bureau Consumption, you will be instrumental in boosting sustainable growth by expertly managing the intake and utilization of external data sources. Based in Wilmington, DE, this role within the Risk Support category involves foreseeing potential risks associated with third-party data, solving complex challenges in data integration, and driving innovative approaches that exceed traditional norms. You will contribute to a dynamic team that ensures our data-driven decisions align with regulatory standards and enhance our competitive edge in the banking industry. Your primary focus will be on leading the strategic consumption of data from third-party bureaus, such as credit reporting agencies, to inform risk assessments across consumer and commercial banking divisions. This includes evaluating data quality, implementing robust governance protocols, and collaborating with technology and compliance partners to streamline processes. At JPMorgan Chase, you will leverage cutting-edge tools to analyze vast datasets, identify vulnerabilities in external data feeds, and develop mitigation strategies that protect against financial, operational, and reputational risks. Your work will directly support our commitment to ethical data practices and regulatory compliance, including adherence to frameworks like Basel III and U.S. banking regulations. In this high-impact position, you will innovate beyond conventional risk management by exploring advanced analytics and AI-driven insights to anticipate market shifts and third-party disruptions. Reporting to senior risk leadership, you will provide executive-level reporting and recommendations that influence firm-wide strategies. Joining JPMorgan Chase means becoming part of a world-class institution dedicated to excellence, where your expertise in financial services risk will help us navigate an ever-evolving landscape. If you thrive in a collaborative, forward-thinking environment and are passionate about leveraging data for resilient growth, this role offers an unparalleled opportunity to make a lasting impact.

Key Responsibilities

• Lead the evaluation and integration of third-party data sources to support risk management initiatives at JPMorgan Chase
• Develop and implement strategies for efficient data consumption from external bureaus, ensuring compliance with internal policies and regulatory standards
• Conduct risk assessments on third-party data quality, accuracy, and reliability to mitigate potential financial and operational risks
• Collaborate with cross-functional teams, including technology, compliance, and business units, to innovate data usage for risk forecasting
• Monitor and report on key risk indicators related to third-party data, providing actionable insights to senior leadership
• Drive process improvements in data bureau consumption workflows to enhance efficiency and scalability in a high-volume banking environment
• Ensure adherence to JPMorgan Chase's risk appetite framework while identifying emerging risks in third-party data ecosystems
• Support the development of governance policies for third-party data partnerships, aligning with global financial services best practices
• Analyze data trends to foresee potential risks and recommend innovative solutions beyond standard protocols

Required Qualifications

• Bachelor's degree in Finance, Risk Management, Business Administration, or a related field; advanced degree (MBA or Master's in Risk Management) preferred
• Minimum of 7-10 years of experience in risk management, third-party data analysis, or financial services compliance
• Proven track record in managing data consumption from third-party bureaus in a banking environment
• Strong understanding of regulatory requirements such as Dodd-Frank, Basel III, and data privacy laws (e.g., GDPR, CCPA)
• Experience with data governance frameworks and risk assessment methodologies in financial institutions
• Ability to work collaboratively in cross-functional teams within a large-scale organization like JPMorgan Chase

Preferred Qualifications

• Certification in risk management (e.g., FRM, CRISC) or data analytics
• Prior experience at a major financial institution with exposure to third-party vendor risk management
• Familiarity with JPMorgan Chase's internal risk management systems and tools
• Advanced proficiency in data visualization and reporting tools specific to financial risk

Required Skills

• Expertise in risk management principles and financial regulations
• Proficiency in data analysis tools such as SQL, Python, or R
• Strong knowledge of third-party data sources (e.g., credit bureaus like Equifax, Experian)
• Analytical thinking and problem-solving abilities
• Excellent communication and stakeholder management skills
• Experience with data governance and compliance frameworks
• Familiarity with financial modeling and risk quantification techniques
• Project management skills for leading data integration initiatives
• Attention to detail in auditing data accuracy and integrity
• Adaptability to fast-paced, innovative environments
• Technical proficiency in visualization tools like Tableau or Power BI
• Understanding of cybersecurity risks in data consumption
• Leadership skills for mentoring junior team members
• Strategic foresight in identifying emerging market risks

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company matching
• Paid time off, including vacation, sick days, and parental leave
• Professional development opportunities through JPMorgan Chase's internal training programs and tuition reimbursement
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness programs at select locations
• Flexible work arrangements, including hybrid options in Wilmington, DE

JP Morgan Chase is an equal opportunity employer.