CCB-Risk-Consumer Credit Emerging Risk-Vice President
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Wilmington, DE 19806
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 Firm-wide 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 & CommunityBanking (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
The CCB Consumer Credit Emerging
Credit Risk – Vice President will be accountable for consumer credit analysis
across industry product types and CCB portfolios – informed by changes in the
competitive landscape, consumer behavior, and macro-economic influences. The credit views are used to support the
Chief Risk Officer (and other senior leaders including the firm CRO, CCB CFO,
firm CFO, Investor Relations and Regulators) with a proactive viewpoint on
consumer credit trends. The role will be more than an aggregator of views
produced within line of business product teams and a strategic architect
of compelling views of consumer and wholesale credit across CCB. Specific
+ Data Analysis:
+ Directing analysis and interpretation of big data andits impact in consumer credit performance, strategy, and otheroperational / financial areas.
+ Performing ad-hoc analytics to research credit trends,understand their drivers, and conduct impact assessments on consumercredit portfolios.
+ Data visualization experience, distilling keyinformative messages clearly from large amounts of data.
+ Evaluating how changes in the consumer credit environment(including macroeconomic & competitor trends) impact the performanceof credit portfolios.
+ Partnering with internal teams such as Chase 360,Marketing Analytics and Research groups to complement existing credit viewswith innovative uses of data.
+ Creative use of big data sourced from various externalagencies (Federal Reserve, Bureau of Labor Statistics, etc.) to informanalytics across the industry and Chase products, where applicable.
+ Researching Trends:
+ Contributing creatively to research topics sourcedfrom the media, investor questions, and general industry trends.
+ Creating and monitoring different mechanisms ofdetecting emerging risks including but not limited to delinquency, lossand roll rate trends, forecast misses and breakages incorrelations.
+ Partner with quantitative teams and various lines ofbusiness to understand potential leading indicators of the credit cyclewhich could have a broader impact across credit portfolios.
+ Creating Outside-In views of consumer credit includingpartnerships with Credit Bureaus for off us Credit information andEconometric firms such as Moody’s.
+ Participate in forums to promote the dialogue aroundcredit trends within the risk community at both the analyst and executivelevels.
+ Document findings into compelling reports for seniormanagement risk dialogue and escalation.
+ Contribute to next generation executive levelcommunication with a variety of C-level audiences with respect to thecredit risk outlook for all CCB lines of business
+ Deep credit experience, in one or more consumer creditportfolios
+ Ability to influence technical subject-matter-expertteams to collaborate on trends that originate from macroeconomic orcompetitive intelligence: The rolewill require partnership with product-specific analytic teams to digdeeper into trends in their portfolios when these trends are detected at amore global level.
+ Demonstrated ability to innovate: Since a large part ofthe role will be working with teams such as Chase 360 (big data), as wellas with quantitative teams, the person in the role must demonstrateopen-mindedness and the willingness to explore new views and ways ofevaluating the health of existing credit portfolios. They shouldpossess data and analytical skills including the ability to pull datausing SAS or SQL, manipulate big data into manageable data sets, andutilize analytic skills to identify and explain data trends.
+ The ability to conduct complex risk analyses andprovide senior management with business insights of consumer creditquality and behavior trends, and portfolio performance.
+ Must have an orientation towards creating views anduncovering risks that drive action for CCB and JPMC, i.e., the ability tofocus on material measures of success for CCB Risk.
+ Demonstrated experience in communicating withregulatory and investor relations teams to convey risk management results,outlooks and cross-consumer points of view
+ Executive level communication skills, both verbal andwritten/presentation.
+ Ability to develop an auditable control framework forthe research completed by the team
+ Econometric experience (e.g., competence inunderstanding key macro drivers of credit risk, customer behavior andlending strategy)
+ Quantitative experience (e.g., partnering with modelingor deep analytic teams to drive practical results and points of view)
+ Experience with Hadoop, Hive for big data analysis
+ Development & use experience with Tableau and datavisualization
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.