At a Glance
- Tasks: Shape credit risk oversight and provide insights for informed decision-making.
- Company: Join a leading financial institution with a focus on consumer banking.
- Benefits: Competitive salary, career growth opportunities, and a dynamic work environment.
- Other info: Engage with industry leaders and enhance your professional network.
- Why this job: Make a real impact in the evolving landscape of consumer lending and risk management.
- Qualifications: Experience in credit risk and strong analytical skills required.
The predicted salary is between 58540 - 71548 £ per year.
Join International Consumer Banking (ICB) Risk Oversight and help shape how we understand and respond to the changing credit and consumer lending environment.
As Vice President for Credit Risk Oversight & Insights, you will bring together external market intelligence, portfolio analysis, regulatory developments and customer outcomes to help senior leaders make informed decisions.
You will represent Risk Oversight in relevant industry discussions and work across Risk and partner teams to strengthen oversight, challenge and strategic insight.
As a Vice President in International Consumer Banking (ICB) Risk Oversight, you will own credit, consumer and external market insights that help the CRO and Leadership Team understand the landscape in which ICB lending operates.
Your remit will span credit risk, fraud, collections, consumer behaviour, competitor activity, regulatory change, benchmarking and emerging risks, with a focus on their implications for customers, portfolio performance and lending strategy.
You will serve as the main Risk Oversight point of contact for relevant external engagement, including industry forums, trade body activity, regulatory discussions, vendor sessions and peer engagement.
You will coordinate ICB Risk participation, represent the firm where appropriate, and bring external themes and insights back to the organization in a structured, actionable way.
Working closely with Credit Risk, Fraud, Collections, Forecasting, Regulatory Affairs, Government Relations, Complaints, Legal, Compliance and firmwide Risk partners, you will connect external developments with internal portfolio performance and oversight priorities.
You will also provide oversight and challenge of lending mandates, manual underwriting, customer outcomes, product and strategy changes, and relevant commercial and strategic initiatives.
- Job Responsibilities
- Establish a regular market-insight and horizon-scanning process, including a monthly forum/publication, to give senior leaders a forward-looking view of trends, threats and developments affecting ICB lending, risk, customer outcomes and regulatory expectations.
- Own the external engagement calendar across credit risk, fraud, collections, consumer lending and the UK/EU lending market.
Coordinate ICB Risk attendance, attend key forums, represent the firm where appropriate, and maintain relationships with industry bodies, peer firms, vendors and relevant internal stakeholders.
- Analyze market, consumer, credit bureau, public, macroeconomic and internal portfolio data to assess borrowing, spending, product usage, balances, arrears, delinquencies, score distributions, collections performance and wider consumer behaviour.
Partner with Credit Risk and Forecasting teams to connect external trends to portfolio performance and oversight priorities.
- Monitor regulatory and policy developments in partnership with Regulatory Affairs, Government Relations and industry bodies.
Assess potential impacts, inform the CRO and Leadership Team, support impact analysis with 1LOD and other teams, and coordinate Risk input into advocacy, consultation responses and JPMorgan Chase positioning where relevant.
- Benchmark performance against industry, competitors and wider market trends, including loss rates, delinquency, collections roll rates, recoveries, customer outcomes and product performance.
Review competitor offerings and market developments to identify where ICB is aligned with, ahead of or different from the market.
- Assess ICB lending against regulatory expectations and customer-outcome standards through thematic reviews, sampling and case assessments.
Support oversight of manual underwriting, including controls, outcomes, mandate adherence, decision consistency and comparison with standard treatment.
- Partner with Complaints teams to identify themes relating to credit products, fraud and risk-based strategies, including internal and Financial Ombudsman Service outcomes, and identify potential areas for second-line challenge.
- Own Lending Authority mandate documentation and oversee and challenge changes to underwriter authority limits. Support oversight of manual underwriting.
- Provide oversight and challenge of relevant 1LOD product, strategy and roadmap changes, considering prioritization, Risk implications, market practice, competitor developments and regulatory expectations.
- Required Qualifications, Capabilities, and Skills
- Bachelor's degree or equivalent qualification.
- Significant experience in Credit Risk, Risk Oversight or a related discipline, ideally within consumer lending.
- Strong understanding of UK consumer lending, credit risk, collections and customer-outcome considerations.
- Advanced proficiency in Microsoft Excel, Word, and Power Point.
- Strong analytical and problem-solving skills.
- Strong written and verbal communication skills, with the ability to present analytical findings and business recommendations.
- Experience working in agile or fast-paced environments.
- Ability to manage change while delivering business value.
- Experience interpreting market, portfolio, consumer or macroeconomic data and translating analysis into clear insights and recommendations for senior leaders.
- Experience assessing regulatory developments and their potential implications for products, strategies, controls and customer outcomes.
- Ability to build relationships and influence across Risk, business, control, regulatory and external stakeholder groups.
- Preferred Qualifications, Capabilities, and Skills
- Experience engaging in industry forums, trade bodies, regulatory discussions or peer engagements.
- Familiarity with UK and EU consumer-credit markets, regulatory expectations and lending practices.
- Experience with credit bureau data, industry benchmarking, competitor analysis or external market intelligence.
- Knowledge of fraud risk management frameworks.
ICB Risk Oversight & Insights - Vice President in London employer: Security Capital Research
At JPMorgan Chase, we pride ourselves on being an exceptional employer, particularly for Software Engineers looking to make a significant impact in the Global Banking Platform. Our collaborative work culture fosters innovation and inclusivity, while our commitment to employee growth is evident through unique secondment opportunities with FinTech partners, allowing you to gain invaluable experience and insights. With access to cutting-edge technologies and a focus on professional development, you'll find a rewarding environment that supports your career aspirations in the heart of the financial industry.
StudySmarter Expert Advice🤫
We think this is how you could land ICB Risk Oversight & Insights - Vice President in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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We think you need these skills to ace ICB Risk Oversight & Insights - Vice President in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Security Capital Research.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Security Capital Research's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Security Capital Research
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Security Capital Research.
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✨Network with Industry Professionals
Before your interview, reach out to current or former Security Capital Research employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
