Jamel Balti, Chief Risk Officer, Auto
Professional Overview
Jamel Balti is a seasoned finance executive with over 15 years of experience in risk management, capital planning, and credit loss forecasting. As the Chief Risk Officer for the Auto division at JPMorgan Chase & Co., he is responsible for developing and implementing comprehensive risk management strategies to ensure the bank's auto loan portfolio remains resilient and aligned with the company's risk appetite.
Experience Summary
Current Role
As the Chief Risk Officer, Auto at JPMorgan Chase & Co., Jamel is responsible for overseeing the risk management practices across the bank's auto lending business. He leads a team of risk professionals in identifying, assessing, and mitigating various risks, including credit, market, and operational risks. Jamel's expertise in data analytics and predictive modeling has enabled him to enhance the bank's credit loss forecasting capabilities, leading to improved portfolio performance and better-informed decision-making.
Career Progression
Prior to his current role, Jamel held several leadership positions within JPMorgan Chase & Co., including Managing Director - Head of Consumer Credit Loss Forecasting and Head of CCB Capital Stress Testing - Consumer & Business Banking. In these roles, he played a pivotal role in enhancing the bank's credit risk management practices, implementing advanced analytics solutions, and strengthening the organization's regulatory compliance and reporting capabilities.
Earlier in his career, Jamel held senior risk management positions at Bank of America and Indymac Federal Bank, where he gained extensive experience in credit risk analysis, capital planning, and project management.
Academic Background
Jamel holds a Bachelor of Science in Computer Science from the University of California, Los Angeles (UCLA), where he also served as a Database and ASP Programmer at the UCLA Events Office.
Areas of Expertise
- Credit risk management
- Capital planning and stress testing
- Consumer credit loss forecasting
- Data analytics and predictive modeling
- Regulatory compliance and reporting
- Risk management strategy development and implementation
- Cross-functional team leadership and collaboration
Professional Impact
During his tenure at JPMorgan Chase & Co., Jamel has played a pivotal role in enhancing the bank's credit risk management practices and improving the performance of the auto loan portfolio. His innovative use of data analytics and predictive modeling has enabled the bank to better anticipate and mitigate potential credit losses, leading to significant cost savings and improved overall risk management.
Jamel's expertise and contributions have been recognized within the industry, and he is often invited to speak at risk management conferences and participate in industry working groups focused on advancing best practices in the field.
Conclusion
Jamel Balti is a seasoned finance executive with a proven track record of driving strategic risk management initiatives and delivering measurable results. His deep expertise in credit risk analysis, capital planning, and data-driven decision-making, combined with his strong leadership skills, makes him a valuable asset to JPMorgan Chase & Co. as the company continues to navigate the evolving auto lending landscape.
