J.P. Morgan Wealth Management - Vice President, Wealth Management Credit Decisioning Unit

Job Description

Shape how systematic credit risk is taken across a growing wealth platform. Join a foundational team building new decisioning frameworks and scalable first-line controls across bank and broker-dealer lending products.

Introductory marketing language

Shape how systematic credit risk is taken across a growing wealth platform. Join a foundational team building new decisioning frameworks and scalable first-line controls across bank and broker-dealer lending products.

Job summary

As a Vice President in the JPMorgan Wealth Management Credit Decisioning Unit (a First Line Unit), you will help build and operationalize an innovative Marginal Decisioning Framework (MDF) to balance risk and reward across securities-based lending, margin, and other credit exposures. This individual contributor role partners closely with front line teams, Product, Independent Risk (2LOD), Technology, and support functions to strengthen portfolio decisioning, analytics, solutions structuring, and governance.

Job responsibilities

• Support lending portfolio risk-taking and decisioning using the Marginal Decisioning Framework (MDF)
• Help manage the margin adequacy framework, coordinating market coverage and market-driven actions with 1LOD and 2LOD partners
• Design and/or extend quantitative models, frameworks, and metrics, including governance as needed
• Maintain analytics quality to ensure credibility and robustness of decisioning frameworks
• Partner with front line teams and 2LOD to structure innovative credit solutions and support non-standard asset lending requests
• Support front line teams with complex queries, learning forums, and client discussions; publish market-facing commentary and research as needed
• Produce compliant documentation and reporting; support governance, escalations, and presentations to relevant forums

Required qualifications, capabilities, and skills

• Undergraduate degree
• 6+ years in an analytical, technical, trading, or research-oriented role in capital markets
• Broad financial product knowledge
• Practical Python experience and familiarity with data analytics packages in a professional environment
• Practical experience with Tableau or other BI/data visualization tools and Microsoft Office (Excel, PowerPoint, Word)
• Strong communication and interpersonal skills, including explaining technical capital markets concepts to non-technical audiences
• Team-oriented mindset with a strong sense of ownership

Preferred qualifications, capabilities, and skills

• Academic concentration in a technical discipline
• Graduate degree and/or professional designations
• Background in (or experience with) financial mathematics, financial engineering, quantitative risk methodologies, and/or data science
• Experience in credit risk/market risk, derivatives/hedging strategies, and/or credit portfolio management/lending businesses

About Us

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

About the Team

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.

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.