Risk Management - Wholesale Credit Risk Senior Associate

JPMorganChase • Jersey City, NJ

12h

About The Position

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 Risk Management - Wholesale Credit Risk Senior Associate in Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. The position requires the knowledge/experience in quantitative modeling, preferably in wholesale credit risk models such as probability of default (PD), loss given default(LGD) and exposure at default (EAD) models.

Requirements

• PhD or MS in quantitative field: finance, statistics, econometrics, mathematics, physics, engineering.
• 1 plus years of relevant experience.
• Strong Programming skills (preferably in Python/SQL), unit testing, efficient & scalable code.
• Quick learner & knowledge of use of LLMs.
• Strong Communication skills

Nice To Haves

• Hands on programming in Python.
• Quick learner & knowledge of use of LLMs.
• Prior experience in wholesale credit is preferred.
• Prior experience in PD/LGD/EAD modeling is strongly preferred.

Responsibilities

• Build PD/LGD/EAD models for CCAR/CECL Stress testing for model review cycle.
• Possess a solid theoretical and practical knowledge of statistical methods and models: generalized linear models, time-series analysis, clustering, decision trees, logistic regression.
• Handling large amount of panel data, and data cleaning/filtering.
• Provide data analytics and insights for business stakeholders
• Design and program frameworks for efficient analytics and modeling.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Ph.D. or professional degree