JPMorgan UK Credit Strategy Associate – Cards Acquisition Line Management 

United Kingdom, England, London 

782381185

As the UK Credit Cards Acquisition and Line Management Associate in our Credit Strategy team, you will spend every day defining, refining and overseeing the execution of credit risk management mandates and credit strategies, including requirements to ensure robust credit controls are in place, for the launch of our first Chase credit card product in the UK, with work continuing at pace thereafter, as the portfolio grows and with new products, features and customer segments being launched. You will leverage your experience of credit strategy, operations and regulations, alongside a strong oversight and monitoring mindset, to make informed strategy optimisation decisions and risk assessment recommendations intended for the management of credit risk exposure.

Job Responsibilities

• Is responsible for all credit granting decisions (new applications, credit line increase, cross-sell, limit re-underwriting) for credit card products from a credit risk perspective - this includes analytics, strategy, and capabilities, across creditworthiness, indebtedness and affordability decisions
• Partners with 1LOD product owners to support new customer acquisition and existing customer profitable growth; including pre-approval with affiliate partners, and usage of new data, such as Open Banking, Internal Chase relationship data, bureau data, to drive incremental approvals
• Understands cross functional dependencies between 1LOD product owners and Credit Strategy to support and challenge product development in line with risk appetite, FCA responsible lending and consumer duty
• Ensures control, compliance, and operational risk mitigation in all credit strategy processes and partner with 1LOD to ensure platforms, products and services are seamlessly integrated into delivering effective execution of credit strategy decisions; being able to articulate the impact of risks and issues on the business function if they are not
• Drives deep-dive analytics on credit strategy effectiveness and partner with the Modelling team to enhance economic logic that supports core risk management decisions
• Ensures all credit strategy implementation is assessed and delivered according to relevant Change Governance, and that requirements are collated, documented and well understood by all delivery partners, including ways to monitor the new process to ensure they work as intended

Required qualifications, capabilities and skills

• Experience in credit risk management at financial service company, preferably with knowledge of consumer credit card lending or risk capabilities
• Experience in performing analytics, strategy implementation and process management
• Strong analytical skills and an innovative approach to solving both practical and theoretical problems
• Intellectual curiosity, adaptability in a dynamic environment, and ability to reinvent processes and infrastructure relevant to a digital platform and digital consumer
• Ability to build working relationships, operate across cross-functional teams, and influence colleagues to lead change
• Ability to communicate and interact effectively across teams as well as with external partners, such as credit bureaus
• Enthusiastic, self-driven individual with proactive approach to learning, identifying emerging industry trends, and generating innovative solutions

Preferred qualifications, capabilities and skills

• Experience of how to perform data extraction, manipulation and analysis in a programming language is a plus (such as SQL, Python)
• Able to work effectively in agile environments, delivering value whilst managing and adapting quickly to fast paced change