1+ months

CCB-Risk-Auto Finance Credit Forecasting-Executive Director

JPMorgan Chase & Co.
Wilmington, DE 19801
  • Job Code
    190083806_1

CCB-Risk-Auto Finance Credit Forecasting-Executive Director

Req #: 190083806_1
Location: Wilmington, DE, US
Job Category: Accounting/Finance/Audit/Risk
Potential Referral Amount: 5000 US Dollar (USD)

CCB-Risk-Auto Finance- Credit Forecasting-Vice President

 

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.7 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 customers 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

 
 

Our Firmwide Risk Function is focused on cultivating a stronger, unified culture that embraces a sense of personal accountability for developing the highest corporate standards in governance and controls across the firm. Business priorities are built around the need to strengthen and guard the firm from the many risks we face, financial rigor, risk discipline, fostering a transparent culture and doing the right thing in every situation. We are equally focused on nurturing talent, respecting the diverse experiences that our team of Risk professionals bring and embracing an inclusive environment.

 

Chase Consumer & Community Banking (CCB) serves consumers and small businesses with a broad range of financial services, including personal banking, small business banking and lending, mortgages, credit cards, payments, auto finance and investment advice. Consumer & Community Banking Risk Management partners with each CCB sub-line of business to identify, assess, prioritize and remediate risk. Types of risk that occur in consumer businesses include fraud, reputation, operational, credit, market and regulatory, among others

The Vice President in Credit and Loss Forecasting will be responsible for the oversight and production of the Credit loss forecast and loan loss reserve (LLR) for the Chase Auto Finance portfolio.

 
Responsibilities

In this highly visible role, the successful candidate will be able to communicate the loss forecasting results and drivers to executive management and other internal clients.

  • Manage cross functional commutations with Risk Management, Finance, Marketing and Collections to inform the forecast on current learnings and incorporate strategic initiatives

  • Manage a high-performing team

  • Manage and lead advanced analyses to assess relationships and patterns driving loss performance

  • Manage a team to produce  the loss forecast and maintenance of associated loss models

  • Manage interaction and communication with both internal and external regulators (i.e. FED, OCC, PWC, Internal Audit) on all aspects of the loss forecast and LLR

  • Development of best in class documentation and operational risk and audit controls surrounding the loss forecasting and LLR


The candidate must have strong:
  • Analytical and project management skills (creative, risk taker, willing to think different, comfortable playing with data)

  • Strong Leadership Skill with the ability to think, communicate and act like a Business General Manager (decisive, business oriented and quick)

  • Good balance of the ability to manage people and processes and be hands on and get into the details

  • MS or PhD degree in Statistics, Economics/Econometrics, Applied Economics, Decision Science, Operations Research, Mathematics (or equivalent quantitative field)

  •  A minimum of 8 years of relevant analytics/modeling experience. Experience  in statistical modeling, risk management and Business Insights in financial firm/credit card industry is preferred

  • Experience managing high-performing teams

  • Proficient in the following applications:  Microsoft Word, Excel, and PowerPoint

  •  Strong analytical, interpretive and problem solving skills, which will require the ability to synthesize / analyze diverse information and develop strategy recommendations from observed outcomes.

  • Experience in advanced analytic techniques applied to customer and risk valuation, marketing ROI, design of experiment, and segmentation

  • Written and oral communication skills to clearly present analytical findings and influence across all levels of the organization

  • Strong Leadership Skill with the ability to think, communicate and act like a Business General Manager (creative, risk taker, willing to think different, comfortable playing with data ,decisive, business oriented and quick)

  • Good balance of the ability to manage people and processes and be hands on and get into the details

 


Keyword: consumer%20banking

Categories

Posted: 2019-09-13 Expires: 2019-11-10

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CCB-Risk-Auto Finance Credit Forecasting-Executive Director

JPMorgan Chase & Co.
Wilmington, DE 19801

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