Risk Management - Lead Credit Officer - Vice President (Merchant Services)

Job Description
Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You 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. 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.
As a Lead Credit Officer - Vice President within the Merchant Services Risk Management team, you will manage a team of credit officers and be responsible for the oversight, management and approval of existing extensions of credit and credit risk for Merchant Services. Responsibilities include analysis of credit, identifying risks, conducting due diligence, exerting credit approval authority, monitoring performance of counterparties and performing reviews of credit risk limits. In this role, you may also oversee one or more programs, projects or initiatives from conception to execution.
Job responsibilities

• Manage a team of credit officers providing guidance and thought leadership with meaningful and defined accountability.
• Perform credit assessments and reviews up to a designated approval authority limit and recognizes possible risks that an issuer/ client's business may pose to the organization while providing recommendations and escalations to mitigate such risks.
• Set the team's priorities, directs activities, monitors progress and drives for results.
• Monitor exception reporting for significant issues and works with appropriate stakeholders to understand issues, approve resolution plans and escalate potential problems to senior management.
• Perform collateral valuation and analysis, evaluation of accounting system controls and data integrity and managerial control reviews, elevating significant findings and areas of concerns.
• Partner effectively with stakeholders and display strategic thought leadership and accountability for results.
• Manage risk & controls, provide trend analysis, engage with senior leaders and drive process improvements.
• Create and maintain robust policies, procedures, standards, and job aids in line with document governance practices.
• Execute the department's strategic vision and agenda and works with stakeholders across functions to deliver on initiatives.
• Identify opportunities to enhance Risk processes and participates in projects and solutions.

Required qualifications, capabilities and skills

• Bachelor's degree in Business, Finance or related field
• 6+ years of experience in Wholesale Credit Risk and 3+ years of people management experience within financial services required
• Strong analytical skills with proven ability to analyze credit structures, identify and mitigate credit risks and make informed decisions
• Attention to detail and ability to learn complex processes that affect various functions and business units within Credit Risk Management
• Ability to identify problems and propose solutions
• Thinks strategically and creatively when faced with problems and opportunities
• Demonstrates leadership skills including willingness to own initiatives and drive projects to completion
• Strong sense of accountability with ability to operate independently with confidence, to interact credibly with business stakeholders and to build strong partnerships across a global organization
• Highly organized, self-motivated and hard working with exceptional communication skills, both written and verbal
• Self-starter with a collaborative mindset to foster teamwork

Preferred Qualifications, Capabilities and Skills

• Masters degree
• Excellent communication skills, both verbal and written
• Strong influencing skills to engage business leaders in a meaningful and actionable manner
• Strong technical skills including Excel and PowerPoint

About Us
JPMorgan Chase & Co., 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
About the Team
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You 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. 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. We also take great pride in on our commitment to operating with integrity and discipline in all that we do. If you are a team player, are solutions-oriented and have an appetite for learning, you'll be a great fit for our team.