Risk Management - Quality Assurance Analyst - Senior Associate

Bring your expertise to JPMorgan Chase.  As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient.  This function will reside within CCB Risk and is part of an established Quality Assurance team that will focus on continuous testing of Card and Business Banking credit decisions within the various portfolios. This function resides within CCB Risk and is part of an established Quality Assurance team that will focus on continuous testing of automated and judgmental credit decisions within the various Card portfolios as well as automated credit decisions in various Business Banking (BB) portfolios.  As an independent second line of defense function this role will work with senior business owners and other credit risk professionals within Card and BB Risk to assess, monitor, report and mitigate credit risk.

Job Responsibilities:

• Help drive the quality and effectiveness of risk controls established by business and process owners by independently testing the credit risk of lending decisions made within the first line with a focus on level of risk assumed in relation to risk appetite.
• Conduct both random and targeted reviews to provide an independent evaluation of Card and Business Banking approved and declined credit decisions to ensure the risk reward balance is properly maintained.
• Evaluate the strengths and weaknesses of existing controls and provide business direction on opportunities for improvement.
• Provide an independent, objective view of credit risk assessments, mitigation strategies and emerging risks.
• Actively participate in weekly team application review meetings to ensure the group is providing accurate/consistent/timely feedback to the first line business groups.
• Present findings to senior leaders as appropriate.

Required qualifications, capabilities, and skills:

• 5+ years of financial industry experience
• 5+ years of business lending experience 
• Extensive knowledge of small business lending including spreading/analyzing financial statements
• Ability to collaborate with business and functional experts to provide risk assessment guidance, recognize risks and design enhancements
• Proven ability to build relationships with key stakeholders
• Strong decision making, analytical and creative thinking skills

Preferred qualifications, capabilities, and skills:

• Prior experience in a quality control role reviewing Card or Business Banking credit decisions

 

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co., will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit including optional practical training (OPT) or curricular practical training (CPT). 

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. For those in eligible roles, discretionary incentive compensation which may be 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