Credit Line Increase - Associate

Credit Line Increase Risk Strategy - Associate

Jersey City, NJ

Job Description:

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 are actively seeking a credit risk associate to be a part of Chase Card Credit Line Increase (CLI) Risk Management strategy team. As a strategy associate, you will be responsible for tracking, assessing and recommending changes to Portfolio Risk Management CLI strategies, policies and controls. You will ensure that CLI strategies drive strong financial performance, while maintaining strong risk controls. You will regularly meet with leaders and team members in Risk Management, Finance, Lending and Marketing to drive business forward. key responsibilities and activities that the role will be responsible for:

• Conduct complex analysis including data collection, analysis, summarization and presentation of results to management.
• Develop portfolio analytics using internal and external behavioral data along with macro-economic trends.
• Monitor the performance of existing Credit Line Increase strategies and develop new strategies by analyzing large data and using strong analytical skills.
• Work with cross functional areas including IT, Operations and other Credit Risk groups to ensure successful implementation of new strategies.

Minimum Skills, Experience and Qualifications

We are looking for someone excited to join our organization. If you meet the requirements below, you are encouraged to apply to be considered for this role.

• A Bachelor's degree in a quantitative discipline (Finance/Statistics/Economics/Mathematics/Operations Research) or equivalent work/training is required. Master's degree preferred
• 2+ years of Credit Risk Management and/or Marketing Analytics in financial industry, preferably credit cards.
• Strong P&L knowledge and understanding of profit drivers
• Excellent oral and written communication skills
• Ability to develop common-sense solutions to complex business challenges
• Ability to logically structure analyses using strong analytical, interpretive and problem solving skills
• Ability to translate complex analysis into concise presentations with sound business conclusions.
• Strong knowledge of SAS, SQL and MS Office required

Chase is a leading financial services firm, helping nearly half of America's households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs.

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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

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, discretionary incentive compensation which may be awarded in recognition of 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.

Equal Opportunity Employer/Disability/Veterans

Base Pay/Salary
Jersey City,NJ $90,250.00 - $150,000.00 / year