• Job Description

  Req#: 210509849

  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 Vice President on the Wholesale Credit Stress Loan Loss Forecasting (LLF) team, you will manage two members in Plano and focus on many different aspects of loss forecasting of the firm’s Wholesale corporate loan portfolio. You will have the opportunity to understand losses under Comprehensive Capital & Analysis Review (CCAR) model framework, analyze losses and underlying drivers under the firm’s quarterly Risk Appetite exercise, perform analysis to support existing and new stress limits on the loan portfolio and contribute to advancing the group’s strategic data/analytical platform. The LLF team is responsible for implementing key credit risk practices across Wholesale businesses and ensuring consistency in methodologies within Wholesale Credit Risk. The team works across the Commercial and Investment Bank and Asset Management divisions, and will be aligned with firm-wide partners including Reporting, Finance, Model Risk & Development, Technology and the Regulatory Capital Management Office.

  Job Responsibilities

  • Provide leadership, coaching and guidance to the junior members of the Plano team
  • Support the production of regular stress testing exercises (CCAR, quarterly Risk Appetite) as well as more ad-hoc regional, Country, or portfolio-based exercises
  • Synthesize the information, perform analysis and interpret results in order to assist in making recommendations which impact the industries/ lines of business
  • Collaborate cross functionally with partner teams like Technology and Finance, along with other teams in Wholesale Credit Risk
  • Collaborate with model developers, technology and businesses on improving the stress loss methodologies applied in stress frameworks
  • Participate in risk reviews and make stress testing framework an essential component of different limits and industry portfolio management
  • Navigate or build analytics dashboards in Tableau to streamline the review process of model results and data inputs such as portfolio characteristics and macro-economic scenarios

  Required Qualifications, Capabilities and Skills

  • Bachelor’s degree in finance, economics, mathematics, or related quantitative discipline
  • 6+ years of experience working in financial services corporate credit risk or stress testing
  • Analytical skills in Tableau, MS Excel, to quickly leverage large complex data and synthetize findings
  • Strong ability to explain complex quantitative models clearly to audiences without a quantitative background
  • Effective communication skills with demonstrated experience managing client relationships and guiding business actions
  • Initiative - taking and proactive with proven ability to work accurately under pressure to meet deadlines

  Preferred Qualifications, Capabilities and Skills

  • Knowledge of Python or R

• About the company

  J.P. Morgan is a leader in financial services, offering solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available. We have been helping our clients to do business and manage their wealth for more than 200 years. Our business has been built upon our core principle of putting our clients'​ interests first.

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