Wholesale Credit Risk Intraday Payments Vice President

Location: LONDON, United Kingdom

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 and client service. As a Vice President in Wholesale Credit Risk Intraday Payments, you will play a pivotal role in our Corporate & Investment Bank division, based in our state-of-the-art London office. This position involves making critical credit decisions that enable secure and efficient intraday payments for our wholesale clients, including major corporations and financial institutions. You will contribute to strategic outcomes by balancing risk and opportunity in a fast-paced environment, ensuring JP Morgan remains at the forefront of the payments ecosystem while adhering to stringent regulatory standards. Your day-to-day responsibilities will include evaluating real-time credit exposures, approving intraday facilities, and collaborating with cross-functional teams to optimize liquidity and mitigate potential disruptions. Leveraging your expertise in credit risk, you will analyze complex portfolios, perform stress tests, and recommend policy enhancements to support business growth. This role demands a keen understanding of global payment systems like CHAPS and TARGET2, as well as the ability to navigate evolving regulations such as those from the Bank of England and the European Central Bank. At JP Morgan, you will have access to cutting-edge tools and data analytics to drive informed decisions that protect our clients and the firm. We value professionals who thrive in dynamic settings and are passionate about financial risk management. Joining JP Morgan Chase means becoming part of a collaborative culture that fosters innovation, diversity, and professional growth. You will work alongside top talent in a supportive environment that offers opportunities for advancement across our global network. If you are ready to make a tangible impact on one of the world's largest financial institutions, apply today to help shape the future of wholesale payments.

Key Responsibilities

• Assess and approve intraday credit lines for wholesale clients to support seamless payment flows
• Monitor real-time credit exposures and mitigate risks in high-volume payment environments
• Collaborate with trading desks, treasury, and compliance teams to ensure regulatory adherence
• Develop and implement credit risk policies for intraday payments in line with JP Morgan's global standards
• Conduct stress testing and scenario analysis for payment system disruptions
• Provide strategic advice on credit optimization to achieve business growth objectives
• Analyze client portfolios to identify emerging risks in wholesale lending and payments
• Liaise with regulators and internal audit to support JP Morgan's risk governance framework
• Mentor junior analysts and contribute to team development in the Credit Risk function
• Report on key risk metrics and present findings to senior management in London

Required Qualifications

• Bachelor's degree in Finance, Economics, Business, or a related field
• Minimum of 7-10 years of experience in credit risk management, preferably in wholesale banking or payments
• Deep knowledge of intraday liquidity and payment systems, including RTGS and CHAPS in the UK market
• Proven track record in making high-stakes credit decisions under time pressure
• Strong understanding of regulatory frameworks such as Basel III, PRA rules, and EMIR
• Experience with credit risk modeling and analysis in a global financial institution
• Professional certification such as CFA, FRM, or equivalent in risk management

Preferred Qualifications

• Advanced degree (Master's or MBA) in Finance or Risk Management
• Prior experience at a tier-1 investment bank like JP Morgan Chase
• Familiarity with intraday collateral management and stress testing
• Knowledge of emerging payment technologies like ISO 20022 and real-time gross settlement systems
• Experience in cross-border payments and FX risk in the EMEA region

Required Skills

• Expertise in credit risk assessment and quantitative analysis
• Proficiency in financial modeling using Excel and VBA
• Strong knowledge of payment systems and liquidity risk management
• Analytical thinking and problem-solving under pressure
• Excellent communication and stakeholder management skills
• Regulatory compliance and risk framework expertise
• Data analysis tools like SQL, Python, or R for risk reporting
• Attention to detail in high-stakes financial decisions
• Team collaboration and leadership abilities
• Adaptability to dynamic market conditions
• Understanding of wholesale banking products and derivatives
• Project management for risk initiative implementation
• Ethical judgment in credit decision-making
• Technical proficiency in risk management software (e.g., Murex or Calypso)

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance coverage
• Generous pension contributions and retirement savings plans
• Hybrid work model with flexibility for work-life balance
• Professional development programs including tuition reimbursement and leadership training
• Employee stock purchase plan and financial wellness resources
• Paid time off, parental leave, and family support benefits
• Access to JP Morgan's global wellness initiatives and employee assistance programs

JP Morgan Chase is an equal opportunity employer.