JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, 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. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com
Chase Consumer & Community Banking serves nearly 66 million consumers and 4 million small businesses with a broad range of financial services through our 137,000 employees. Consumer & Community Banking Risk Management partners with each CCB sub-line of business to identify, assess, prioritize and remediate risk. Our Risk Management professionals work directly with Consumer Banking, Business Banking, Auto/Student Loan, Card and Commerce Services, Chase Wealth Management and Mortgage Banking to minimize, monitor and control the probability of risk events and mitigate the impact of risk events that do occur.
The Executive Director will manage a staff of professionals responsible for assessing and recommending changes to Risk Management strategies, policies, practices and controls for Chase Card Services. The Director will lead team of process and analytic professionals responsible for the management of Acquisition Risk judgmental lending strategies, all acquisition risk strategy and requirement documentation, and our control infrastructure. The Director will play a key role in the delivery of acquisition risk management process changes including changes to the application and the method by which Chase interacts with the Customer on credit decisions. The Director will ensure that proper oversight of Judgmental Lending decisions is in place, and will optimize the delivery of work. As the lead over the controls and documentation for Acquisitions, the Director will play a prominent role in the review and prioritization of technology changes for Acquisition Risk, and lead the function’s readiness and response to internal and regulatory audits. The Director will meet regularly with leadership of Risk Management, Compliance, Legal, Operations, Finance, Acquisitions, and the Card Business Units. In addition, he/she will interact regularly with external regulators to review Risk Management practices.
Specifically, the Risk Director will:
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