Risk Management - Wholesale Credit Risk Vice President
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 part of the Risk Management - Wholesale Credit Risk Vice President team, you are at the center of keeping JPMorgan Chase strong and resilient. The position requires the experience in modeling of either balance forecasting (commitment, utilization, prepayment) and/or spread/GII/NII.
Requirements
- Solid theoretical and practical knowledge of statistical methods and models: generalized linear models, time-series analysis, clustering, decision trees, logistic regression.
- Experience in handling large amount of panel data, and data cleaning/filtering.
- Hands on programming in Python.
- Basic knowledge on credit risk modeling both at single-obligor level and portfolio level.
- Previous experience in writing documents for regulatory reviews.
Nice To Haves
- Prior experience in wholesale credit is preferred.
- Prior experience in PPNR modeling is strongly preferred.
- R is good to have.
Responsibilities
- Lead model development: analyze conceptual soundness of complex forecasting models, engines, and reserve methodologies; assess model behavior and suitability of forecasting models/engines for Wholesale Credit
- Design & Develop Models: Create, enhance, and maintain sophisticated statistical and econometric models for forecasting and risk management
- Develop Stress Capital modeling: To support exercises such as Comprehensive Capital Analysis and Review (CCAR), Internal Capital Adequacy Assessment Process (ICAAP), and CECL.
- Utilize and implement Machine Learning: AI/ML techniques for risk monitoring, predictive modeling, and analyzing large, complex, structured/unstructured datasets.
- Work with model implementation team, data team and production
- Evaluate model performance on a regular basis
Benefits
- We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
