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Chase · 4 months ago

Risk Management - Wholesale Credit Risk Intraday Payments - Vice President

383 Madison Ave, New York, NY, 10179, US

Full-time

Onsite

Mid, Senior Level

$108K/yr - $180K/yr

7+ years exp

JPMorgan Chase is a leading financial institution that offers innovative financial solutions. The Intraday Payments Risk Vice President will monitor and conduct real-time credit decisions for intraday payments, utilizing expert judgment to manage risks while ensuring compliance with company policies.

BankingFinancial Services

Responsibilities

Daily review and approval of Intraday overdrafts using Credit authority

Advise Credit Officers and the Business for large and/or complex intraday situations

Learn client behaviors in relation to underlying business activity to identify abnormal behavior and proactively prepare for events based on market activity or upcoming events

Participate in client, event and country crisis management/Rapid Exposure Drills (RED) risk mitigation actions including first line of contact with the Payments Command Center

Develop strong working relationships with Sales, Client Service, Operations, Risk Stripes and functional partners (finance) as needed

Work with senior team leads to make decisions balancing the best interests of the firm and clients, to maximize beneficial outcomes

Develop a working knowledge of how products help clients achieve their goals while at time creating Risk for the firm that needs to be monitored, controlled and reported

Assist in developing policy and procedure to drive governance, awareness and control across Credit Risk with regards to Payments and line resizing recommendations during annual client reviews on Cash Products

Own executing against daily deliverables and own and contribute to medium/long-term projects (with opportunities to run and participate in committees, working groups and help drive the technology agenda)

Continually challenge and improve Risk reports and views and support the Payments Chief Risk Officer as needed

Qualification

Credit Risk ManagementData AnalysisDecision MakingRegulatory KnowledgeTechnical KnowledgeCommunication SkillsOrganizational SkillsTime ManagementRelationship BuildingSelf-driven

Required

Bachelor's degree

7+ years of direct experience in Credit or translatable risk disciplines

Possess qualitative and quantitative knowledge of Credit Risk management (policy and some level of technical knowledge), to identify key information and drivers across complex businesses and products

Ability to review regulation versus existing policy and procedure, in order to assess impact to Credit Risk and to translate any short comings into actionable deliverables

Ability to work autonomously and be self-driven, while working in a time sensitive environment, capable of using data and critical thinking to make real-time decisions

Ability to make decisions and defend actions executing against daily tasks and time based deadlines

Strong communication, organizational and time management skills are critical for this role, including performing data analysis and translating messages into higher level presentations for broader often senior audiences

Ability and desire to develop understanding of various lines of business, including learning and helping to develop advances in technology platforms

Connecting the pieces in siloed structures and foster productive relationships across the lines of business, in a large matrixed organization

Strong control mind-set, demonstrable partnership skills