Consumer and Credit Risk - Business Lending Account Management and Collection Strategy - Vice President

Job Description

{“description”: ” Job Description 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 a Strategic Analytics Vice President on the Business Banking team, you will be responsible for working with the business banking risk team to generate thoughtful analytics and recommendations concerning account management and collection strategy development, implementation, operational controls, and performance monitoring. Job Responsibilities Conduct thoughtful analysis of borrowers, their demographics, and risk/profit performance with the firm’s products. Generate strategic recommendations for strategy development based on quantitative analytics and business intuition. Strategies are optimized to maximize profitability while minimizing risk. Develop and maintain periodic reporting and analytics on key metrics to provide management with emerging trends including (but not limited to) volumes, modification/settlement rates and recovery rates of delinquent accounts. Acquire an understanding of the operational processes (i.e. manual underwriting, portfolio management, collections, etc.) which will aid in understanding past due account collection performance drivers. Conduct pre-implementation and post-implementation testing & analysis to ensure strategic changes produce expected impacts. Contribute to the team’s ‘audit-ready’ state by keeping organized documentation, following established control processes, and developing draft responses to internal