Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.
As Credit Risk Management Governance Lead - Vice President, you will help the firm grow its business in a responsible way by anticipating new and emerging risks and using your expert judgement to solve real-world challenges that impact our company, customers, and communities. You will strengthen the Private Bank credit risk governance framework by maintaining and enhancing policies, procedures, controls, committee governance, and issues management, as well as coordinate internal, external, and regulatory examinations, and provide constructive, independent challenge to stakeholders across locations and seniority levels. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo, and striving to be best-in-class.
The Wealth Management Risk Management Governance team manages Risk policies, due diligence reviews, adherence to regulatory requirements, and internal controls for Global WM Credit Risk. The team collaborates closely with the Global Credit Risk approval and analysis team, Audit, Compliance, Controls, Legal and Business partners to ensure efficient and effective process are in place.
Job Responsibilities:
• Drive Risk governance initiatives and change management.
• Support external regulatory examinations, internal audits, and independent reviews of the Credit Risk function and associated remediation.
• Partner with Wholesale Credit Risk and other Lines of Business in the firm to understand and benchmark Wealth Management processes.
• Evaluate Credit Risk controls and provide clear, well-supported observations and recommendations to stakeholders. Ensure timely remediation and sustainable control improvements for issues.
• Maintain a high standard of documentation, professionalism, and confidentiality while working with sensitive client and firm information.
• Contribute to special projects/initiatives that enhance the Credit Risk Governance program, reporting, and risk coverage.
• Identify material credit risks and assess their impact on Risk.
• Clearly define and document roles between business execution (1LOD), risk oversight (2LOD), and audit (3LOD).
• Perform risk assessment to address and appropriately escalate and remediate issues.
• Provide transparency into emerging risks and governance matters.
Required Qualifications, Capabilities, and Skills:
• 5+ years of experience in Auditing, Accounting, Internal Control, and/or Credit Analysis, with a focus on Credit Risk with Bachelor in Accounting or Finance is required.
• Strong knowledge of financial principles and procedures; demonstrated background in the Financial Services industry.
• Working understanding of credit risks and related controls.
• Ability to follow complex methods and procedures across diverse tasks and product types.
• Experience with Credit Risk infrastructure tools and applications (e.g., iCRD, Loan IQ, Connect, LLM, etc.).
• Working knowledge of Microsoft Office applications
• Highest level of professionalism; proven ability to manage highly confidential information appropriately.
• Strong time management, problem-solving, written, and verbal communication skills.
• Ability to work independently and collaboratively; shares information and supports colleagues.
• Flexibility and ability to succeed in a fast-paced environment with shifting priorities.
• Self-motivated and detail oriented with a willingness to take ownership of new projects/initiatives.
Preferred qualifications, capabilities, and skills
• Master’s in finance or business administration or similar preferred
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
Skills Required
- 5+ years of experience in auditing, accounting, internal control, and/or credit analysis, focused on credit risk
- Bachelor’s degree in Accounting or Finance
- Financial services industry experience
- Knowledge of financial principles and procedures
- Working understanding of credit risks and related controls
- Experience with credit risk infrastructure tools and applications, such as iCRD, Loan IQ, Connect, and LLM
- Working knowledge of Microsoft Office applications
- Strong time management, problem-solving, written, and verbal communication skills
- Ability to manage confidential information professionally
- Master’s degree in finance, business administration, or a similar field
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
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Healthcare Strength — Medical, dental, vision, and mental-health coverage are broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
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Parental & Family Support — Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
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Retirement Support — Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.
JPMorganChase Insights
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, 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. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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