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JPMorganChase

Credit Risk Management Governance Lead

Posted One Month Ago
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Hybrid
Mumbai, Maharashtra, IND
Senior level
Hybrid
Mumbai, Maharashtra, IND
Senior level
Leads credit risk governance for Wealth Management by maintaining policies, controls, procedures, committee governance, and issue remediation. Coordinates regulatory examinations, audits, and independent reviews; evaluates controls; identifies emerging and material credit risks; documents accountability across business, risk, and audit functions; and provides independent challenge and recommendations. The role also drives governance initiatives, reporting improvements, risk assessments, and special projects while partnering with stakeholders across the firm.
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Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.
As Credit Risk Management Governance Lead - Vice President, you will 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. You will strengthen the Private Bank credit risk governance framework by maintaining and enhancing policies, procedures, controls, committee governance, and issues management, as well as coordinate internal, external, and regulatory examinations, and provide constructive, independent challenge to stakeholders across locations and seniority levels. 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. 
The Wealth Management Risk Management Governance team manages Risk policies, due diligence reviews, adherence to regulatory requirements, and internal controls for Global WM Credit Risk.   The team collaborates closely with the Global Credit Risk approval and analysis team, Audit, Compliance, Controls, Legal and Business partners to ensure efficient and effective process are in place.  

Job Responsibilities:
•    Drive Risk governance initiatives and change management.
•    Support external regulatory examinations, internal audits, and independent reviews of the Credit Risk function and associated remediation.
•    Partner with Wholesale Credit Risk and other Lines of Business in the firm to understand and benchmark Wealth Management processes.
•    Evaluate Credit Risk controls and provide clear, well-supported observations and recommendations to stakeholders.  Ensure timely remediation and sustainable control improvements for issues.
•    Maintain a high standard of documentation, professionalism, and confidentiality while working with sensitive client and firm information.
•    Contribute to special projects/initiatives that enhance the Credit Risk Governance program, reporting, and risk coverage.
•    Identify material credit risks and assess their impact on Risk.
•    Clearly define and document roles between business execution (1LOD), risk oversight (2LOD), and audit (3LOD).
•    Perform risk assessment to address and appropriately escalate and remediate issues.
•    Provide transparency into emerging risks and governance matters.

Required Qualifications, Capabilities, and Skills:
•     5+ years of experience in Auditing, Accounting, Internal Control, and/or Credit Analysis, with a focus on Credit Risk with Bachelor in Accounting or Finance is required. 
•    Strong knowledge of financial principles and procedures; demonstrated background in the Financial Services industry.
•    Working understanding of credit risks and related controls.
•    Ability to follow complex methods and procedures across diverse tasks and product types.
•    Experience with Credit Risk infrastructure tools and applications (e.g., iCRD, Loan IQ, Connect, LLM, etc.).
•    Working knowledge of Microsoft Office applications
•    Highest level of professionalism; proven ability to manage highly confidential information appropriately.
•    Strong time management, problem-solving, written, and verbal communication skills.
•    Ability to work independently and collaboratively; shares information and supports colleagues.
•    Flexibility and ability to succeed in a fast-paced environment with shifting priorities.
•    Self-motivated and detail oriented with a willingness to take ownership of new projects/initiatives.

Preferred qualifications, capabilities, and skills
•    Master’s in finance or business administration or similar preferred

About Us

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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.

About the Team
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.​

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.

JPMorganChase Mumbai, Maharashtra, IND Office

B11, B9, B10, Nirlon Knowledge Park, near Mrinal Tai Gore Flyover, Cama Industrial Estate, Mumbai, Maharashtra, India, 400063

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