Wealth Management Credit Risk Management Governance Lead -Vice President

Posted 18 Days Ago
Be an Early Applicant
2 Locations
Remote or Hybrid
Senior level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Lead credit risk governance for Wealth Management by maintaining policies, controls, committees, and issue-management processes. Coordinate regulatory exams, audits, and testing; manage regulator and auditor inquiries; draft responses; assess controls; drive remediation; and provide independent challenge. Prepare senior-management reporting and committee materials while partnering with Credit Risk, Legal, Compliance, Audit, and business teams to address risks and strengthen lending governance.
Summary Generated by Built In

Risk Management and Compliance plays a central role in keeping JPMorganChase strong and resilient—helping the firm grow responsibly by anticipating new and emerging risks and applying sound judgment to solve real-world challenges affecting the company, customers, and communities. The culture emphasizes thinking beyond convention, constructively challenging the status quo, and striving to be best-in-class. 

As a Credit Risk Management Governance Lead (Vice President), you will strengthen the Private Bank credit risk governance framework by maintaining and enhancing policies, procedures, controls, committee governance, and issues management, while coordinating internal, external, and regulatory examinations and providing independent challenge across locations and seniority levels. The Wealth Management Risk Management Governance team oversees regulatory requirements and internal controls for Global WM Credit Risk and partners closely with Credit Risk approval/analysis, Audit, Compliance, Controls, Legal, and the business to drive efficient, effective processes; you will also lead responses to audit and regulatory inquiries, run exam-related meetings, and deliver clear reporting and communications to senior management in a highly visible role. 


Job Responsibilities:

  • Lead credit risk governance initiatives and associated change management efforts.
  • Coordinate end-to-end regulatory exam, audit, and testing for PB Credit Risk.
  • Serve as a key point of contact for regulators/auditors and testing team, including leading meetings and coordinating responses to inquiries.
  • Draft high-quality written responses to exam requests and consultation papers aligned to firm policies, procedures, and practices.
  • Assess credit risk controls, document observations, and provide clear, actionable recommendations to stakeholders.
  • Drive timely remediation and sustainable control enhancements for identified issues and findings.
  • Strengthen committee and forum governance, including preparing materials, agendas, and minutes.
  • Maintain transparent tracking, reporting, and escalation of audit/exam matters, including emerging risks and governance concerns.
  • Build working knowledge of end-to-end lending/credit processes, partnering with front office, middle office, Legal, Compliance, and Risk/Control teams to address risk and regulatory exposure.
  • Participate actively in the Firm’s innovation programs.

Required Qualifications, Capabilities, and Skills:

  • 8+ years in auditing/accounting/internal controls/reg strategy/compliance/legal or consulting and/or credit analysis, with a credit risk focus.
  • Strong understanding of credit risk concepts and controls; underwriting and/or credit approval experience preferred.
  • Familiarity with Wealth Management business model, processes, and operating model; able to navigate complex methods across products/tasks.
  • Strong written/verbal communication (including self-editing) with regulators and senior management; maintains professionalism and confidentiality.
  • Strong project/time management and problem-solving; works independently and collaboratively, adapts to shifting priorities, takes ownership, performs under pressure, and delivers accurate results to tight deadlines.
  • Experience in building relationships across all levels, collaborates across teams, providing credible challenge on initiatives/processes/products, and translating complex analysis into actionable, data-driven insights.

Preferred qualifications, capabilities, and skills

  • Written and spoken German is a plus.
  • Advanced degree in finance, business administration, or a related field.
  • Proficiency with Microsoft Office and credit risk infrastructure tools.
About UsJ.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
  
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.
About the TeamOur professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

Skills Required

  • 8+ years of experience in auditing, accounting, internal controls, regulatory strategy, compliance, legal, consulting, or credit analysis with a credit risk focus
  • Strong understanding of credit risk concepts and controls
  • Familiarity with the Wealth Management business model, processes, and operating model
  • Strong written and verbal communication skills, including communication with regulators and senior management
  • Strong project management, time management, problem-solving, and organizational skills
  • Ability to work independently and collaboratively, adapt to shifting priorities, take ownership, perform under pressure, and meet tight deadlines
  • Experience building relationships across organizational levels and providing credible challenge on initiatives, processes, and products
  • Ability to translate complex analysis into actionable, data-driven insights
  • Underwriting and/or credit approval experience
  • Written and spoken German
  • Advanced degree in finance, business administration, or a related field
  • Proficiency with Microsoft Office and credit risk infrastructure tools

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.

  • Healthcare Strength — Health coverage is considered comprehensive, including medical, dental, and vision, alongside wellness and mental health resources. Some locations add onsite health centers and related wellbeing support.
  • Retirement Support — Retirement offerings include a 401(k)-type savings plan and related financial benefits, with options such as employee stock purchase participation. Financial planning resources are also highlighted to support long-term savings.
  • Parental & Family Support — Paid parental leave of 16 weeks for birth or adoption is available for all parents. Child care and back-up child care resources further reinforce family support.

JPMorganChase Insights

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The Company
HQ: New York, NY
289,097 Employees
Year Founded: 1799

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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