Risk Management - Home Lending Correspondent Counterparty Risk - Vice President

JPMorgan Chase

3.3

(115)

Multiple Locations

Why you should apply for a job to JPMorgan Chase:

  • 61% say women are treated fairly and equally to men
  • 77% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.

    #210644099

    Position summary

    risk standards. Additionally, you will oversee ongoing risk management and performance monitoring of key credit and portfolio strategies. Collaborating closely with various departments, you will develop comprehensive risk management strategies, monitor risk exposure, and implement effective mitigation measures to safeguard the organization's interests.

    Job Responsibilities:

    • Lead strategic assessments and decision-making for new Correspondent Seller applications, ensuring alignment with organizational goals and policies.

    • Drive innovation in risk management practices and monitor loan performance, financial stability, and industry intelligence of Correspondent Sellers

    • Spearhead comprehensive industry intelligence research, including monitoring negative media, mergers and acquisitions, and regulatory actions, utilizing insights to inform strategic decisions and risk management strategies.

    • Build partnerships with JPMC counterparts to address common counterparty risks and facilitate cross-functional collaboration for risk management.

    • Develop and implement communication strategies to convey risk insights and decisions, promoting transparency and dialogue within the organization.

    • Lead ad hoc analyses and represent Risk Management in high impact projects, driving process and efficiency improvements.

    • Stay abreast of industry trends, regulatory changes, and risk management best practices.

    • Provide indirect leadership to cross-functional teams, fostering alignment and collaboration to achieve strategic goals, while mentoring and developing team members to enhance their capabilities and drive organizational success.

    • Provide independent risk oversight for Correspondent Lending Transformation initiatives, assessing the need for new processes and overseeing their development and implementation.

    • Lead and contribute to key projects and process improvement initiatives.

    • Champion Correspondent Risk modernization and automation efforts, enhancing the system of record for efficiency and effectiveness.

    Required Qualifications, Capabilities and Skills

    • Minimum 7+ years of experience in Home Lending and Correspondent lending, with a proven track record in corporate financial statement analysis and Counterparty Risk management within financial services.

    • Exceptional communication skills, with the ability to articulate complex risk management concepts and effectively influence stakeholders through communication and high emotional intelligence.

    • Knowledge and understanding of Secondary and Capital Markets

    • Comprehensive knowledge of mortgage underwriting, quality control and servicing

    • Ability to analyze multiple data points and communicate decisions to management

    • Strong team player with exceptional analytical and financial assessment skills. Proven ability to build strong relationships and lead teams to achieve strategic objectives.

    Preferred Qualifications, Capabilities and Skills

    • Strong Microsoft PowerPoint (PitchPro) and Excel skills

    • Knowledge of Agile Methodology

    • Intellectual curiosity with a proven ability to learn quickly

    • Direct work with regulators a plus

    • Proven experience in stakeholder engagement with strong communication skills and high emotional intelligence

    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).

    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.

    Why you should apply for a job to JPMorgan Chase:

  • 61% say women are treated fairly and equally to men
  • 77% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.