Location: Wilmington, DE, United States

The Executive Director will be responsible for developing and optimizing Authorization Risk Management strategies, policies, practices and controls for Chase Business Cards.  The Director will ensure that these strategies drive strong financial performance, achieve loss mitigation objectives, and enable strong risk controls.  The Director will meet regularly with leadership of Risk Management, Finance, Lending, and the Card Business Units.  In addition, they will interact regularly with internal constituents and external regulators to review Risk Management practices. 

 Specifically, the Risk Director will:

• Drive risk strategy and innovation working with cross functional teams and partners
• Develop and implement decision rules for overlimit and delinquent authorizations, including cash line thresholds
• Develop and manage business exposure strategies, including waterfall revenue across all portfolio treatment
• Collaborate with senior leaders to drive strategic initiatives and influence key decisions
• Lead inclusively, with purpose and integrity, and strong focus on continuous professional development and talent management
• Sit at the Portfolio Management Risk leadership table for Business Card
• Work with other areas of Risk, Lending and IT to support the launch of risk strategies and capabilities with an emphasis on strong testing and controls, while keeping customer experience at top of mind
• Mange risk strategies to drive financial performance and risk mitigation improvements while innovating to ensure optimal strategy performance
• Work closely with Risk Governance, Legal and Compliance to ensure policies are in compliance with laws and regulations

 Qualifications:

The role requires a deep understanding of the card business.  Specific qualifications include:

• Bachelor's degree in a quantitative discipline from an accredited college/university required; Masters degree preferred
• 5+ years of experience leading a proficient analytic organization
• 10+ years of experience in the consumer/business lending industry
• Strong knowledge and understanding of Consumer and Business Credit laws and regulations
• Proven ability to develop effective controls and manage risk
• Excellent communication and interpersonal skills
• Display expertise in exposure management and risk mitigation strategies
• Proven ability to evaluate the business climate, anticipate change and develop compensating strategies
• Ability to efficiently manage concurrent assignments and quickly react to changing or competing priorities
• Demonstrated leadership in solving business problems through structured analytics
• Strong project management skills and attention to detail to deliver new strategies in a complex decision technology environment

Join an exciting analytical role in a highly functional team. 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.