J.P. Morgan Wealth Management - Executive Director, Credit Decisioning Unit
New York, New York, United States · On-site
$157k–$285k/yr
Senior+$1.6B raised
Help build a new, high-impact Credit Decisioning Unit that will shape how JPMorgan Chase takes systematic risk across wealth credit products using industry-leading market, credit, and analytics capabilities. You will app…
Skills: Capital markets, Credit risk management, Quantitative analysis, Python, Tableau
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J.P. Morgan Wealth Management - Vice President, Wealth Management Credit Decisioning Unit
New York, New York, United States · On-site
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J.P. Morgan Wealth Management - Executive Director, Credit Decisioning Unit
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$157k–$285k/yr
Full-time
bachelor degree, postgraduate degree
Health care coverage, Retirement savings plan, Backup childcare, Tuition reimbursement, Mental health support, Financial coaching
Posted 5d ago
~40 hrs/week
Responsibilities
The Executive Director will build and manage a new Credit Decisioning Unit to oversee systematic risk-taking across wealth lending and broker-dealer credit products. Responsibilities include designing quantitative frameworks, managing margin adequacy, and coordinating risk-reducing portfolio actions with internal stakeholders.
Requirements
Candidates must possess an undergraduate degree and at least 12 years of experience in analytical, technical, or trading roles within capital markets. Proficiency in Python, data analytics tools, and strong communication skills for managing senior executive stakeholders are required.
Full job description
Help build a new, high-impact Credit Decisioning Unit that will shape how JPMorgan Chase takes systematic risk across wealth credit products using industry-leading market, credit, and analytics capabilities. You will apply deep capital markets expertise, quantitative thinking, and strong partnership skills while gaining meaningful career growth and mobility across a broad stakeholder ecosystem and product suite.
As a Credit Decisioning Unit Risk Manager in the JPMorgan Wealth Management Credit Decisioning Unit (CDU), you will help build a new first line function formed as part of a Consumer & Community Bank (CCB) wide initiative to manage systematic risk-taking across the full suite of bank and broker-dealer credit products. This Executive Director individual contributor role will manage lending portfolios comprised of securities-based lending, margin trading, and other credit exposures originated through Self-Directed Investing (SDI), Chase Wealth Management (CWM), and JPMorgan Advisors (JPMA) channels. You will coordinate a comprehensive first line of defense (1LOD) capability and partner closely with Independent Risk (2LOD), Product, Technology, and support functions to deliver disciplined growth objectives. You will bring an entrepreneurial mindset, operate at the pace of markets, adapt to changing priorities, and turn ambiguity into practical solutions.
Job responsibilities
Manage risk-taking through the Marginal Decisioning Framework (MDF) across CDU lending portfolios
Maintain the margin adequacy framework and drive margin factor changes as market and portfolio dynamics evolve
Coordinate market coverage and market-driven actions with first line of defense (1LOD) and second line of defense (2LOD) partner functions
Interpret evolving market and portfolio dynamics into actionable risk-reducing portfolio actions
Design new models and quantitative frameworks and extend existing metrics with appropriate governance
Ensure analytics quality and credibility of quantitative frameworks
Partner with front line teams and Independent Risk to structure innovative credit solutions and advise partners on complex portfolio queries
Publish market-facing commentary and research
Produce policies, procedures, and model documentation aligned with documentation guidelines
Manage governance, escalations, forum materials, and report production for CDU and related committees
Required qualifications, capabilities, and skills
Undergraduate degree
12+ years in an analytical, technical, trading, or research-oriented role in capital markets
Broad financial product knowledge
Practical knowledge of Python and associated data analytics packages in a professional environment
Practical knowledge of Tableau or other business intelligence and data visualization tools
Proficiency in Microsoft Office including Excel, PowerPoint, and Word
Excellent communication and interpersonal skills with ability to translate technical capital markets concepts to non-technical audiences
Demonstrated ability to manage and influence senior executive stakeholders and diverse partner teams
Strong sense of ownership and collaborative team orientation
Comfort working at the fast pace of markets and adapting to changing priorities
Preferred qualifications, capabilities, and skills
Academic concentration in a technical discipline
Graduate degree or professional designation
Academic background or professional experience in financial mathematics, financial engineering, quantitative risk methodologies, or data science
Professional experience in credit risk management, market risk management, derivatives, or hedging strategies
Professional experience in a credit portfolio management function or lending business
Experience with JPMorganChase proprietary risk methodologies, models, and frameworks
Experience building or scaling new processes and frameworks during a foundational build-out phase
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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, 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.
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.
Equal Opportunity Employer/Disability/Veterans
Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We’re proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions – all while ranking first in customer satisfaction.
The CCB Data & Analytics team responsibly leverages data across Chase to build competitive advantages for the businesses while providing value and protection for customers. The team encompasses a variety of disciplines from data governance and strategy to reporting, data science and machine learning. We have a strong partnership with Technology, which provides cutting edge data and analytics infrastructure. The team powers Chase with insights to create the best customer and business outcomes.
Related keywords
Capital marketsCredit riskWealth managementPythonTableauQuantitative frameworksMargin decisioning frameworkPortfolio managementRisk governanceFinancial mathematicsFinancial engineeringData scienceDerivativesHedgingStakeholder managementMarket research
With a history tracing its roots to 1799 in New York City, JPMorganChase is one of the world's oldest, largest, and best-known financial institutions—carrying forth the innovative spirit of our heritage firms in global operations across 100 markets.
We serve millions of customers and many of the world’s most prominent corporate, institutional, and government clients daily, managing assets and investments, offering business advice and strategies, and providing innovative banking solutions and services.
Social Media Terms and Conditions: https://bit.ly/JPMCSocialTerms
JPMorgan Chase & Co. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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