JPMorgan Chase CCB Risk - Auto Finance - Consumer Credit Risk - Vice President in Wilmington, Delaware
JP Morgan Chase
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at http://www.jpmorganchase.com/ .
Our Firmwide Risk Function
Our Firmwide Risk function is focused on cultivating a stronger, unified culture that embraces a sense of personal accountability for developing the highest corporate standards in governance and controls across the firm. Business priorities are built around the need to strengthen and guard the firm from the many risks we face, financial rigor, risk discipline, fostering a transparent culture and doing the right thing in every situation. We are equally focused on nurturing talent, respecting the diverse experiences that our team of Risk professionals bring and embracing an inclusive environment.
Chase Consumer & Community Banking (CCB) serves consumers and small businesses with a broad range of financial services, including personal banking, small business banking and lending, mortgages, credit cards, payments, auto finance and investment advice. Consumer & Community Banking Risk Management partners with each CCB sub-line of business to identify, assess, prioritize and remediate risk. Types of risk that occur in consumer businesses include fraud, reputation, operational, credit, market and regulatory, among others
In the full spectrum of the finance service Chase offers, the Chase Auto business generates great profit and owns a large market share. Risk management in Chase Auto is a critical functional to control the risk and contribute to revenue generation. Chase Auto Finance Risk is a strategic group with innovative initiatives to shape the new acquisition and contribute to the bottom line.
As Vice President of Strategic Analytics in support of the Chase Auto Judgmental Lending Risk group, you will conduct complex risk analysis in order to facilitate the oversight of over 14,000 Auto Dealers presently in the Dealer Network. As a leader within this team, you will analyze risk inputs and conduct research and analysis of the performance and profitability of existing strategies while working with the Chase Auto business unit to ensure adherence to regulatory based initiatives, procedural alignment with Risk Policy while ensuring an appropriate and strong control environment.
Key responsibilities will include developing analysis and criteria for establishing and maintaining the Governance Process for the oversight of Chase Auto’s Dealership network as well as the Aftermarket Product program. This role will represent Chase Auto Risk leadership in established oversight and governance routines with members of the Chase Auto Leadership team. This role will have a thorough understanding of underwriting risk strategies and risk evaluation framework, and use risk evaluation to forecast and provide loss related inputs.
This role will conduct sophisticated risk analysis to evaluate and enhance the risk framework, and provide risk inputs to investment process. In addition, this role will work collaboratively with Chase Auto Business Unit (e.g. underwriting, marketing, finance) and other risk teams. Strong analytical skill, presentation and interpersonal skills are required. Candidate will demonstrate strong strategic thinking, operational excellence leadership, high quality focus and control oriented mentality. Finally, an ideal candidate for this role will be extremely adept at developing and presenting material for Executive Leadership across the Risk and CCB organizations.
B.S. in relevant technical or quantitative fields (e.g., Finance, Statistics, Operations Research, Computer Science, Information Technology and Economics) or relevant experience
5+ year’s relevant experience required
Strong analytical, interpretive and problem solving skills with the ability to decipher large amounts of data and its impact on risk, operational and financial disciplines
Strong P&L knowledge and understanding of drivers of profitability
Ability to implement strategic initiatives within Operational areas
Excellent strategic thinking and have the ability to structure analysis and develop sophisticated and common-sense solutions to complex business challenges
Strong analytical, interpretive and problem solving skills with the ability to interpret analysis and its impact in both operational and financial areas
Excellent oral and written communication skills with the ability to work across functions and influence stakeholders
Ability to develop elegant and common-sense solutions to complex business challenges
Ability to efficiently compress large amounts of data into short and concise presentations with sound business conclusions
Demonstrated Partnership & Relationship building skills
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.