Risk Management - Wealth Management Credit Forecasting - Vice President

JPMorgan Chase & Co. • Columbus, OH

1d

About The Position

As a Wealth Management Credit Forecasting Vice President, within Consumer & Community Banking (CCB) Risk, you will be responsible for managing a team of two Associates, reviewing the production of credit costs forecasts, leading analyses to assess the performance of our product portfolio and collaborating with a number of stakeholders in risk, finance and the business. This is an exciting opportunity to contribute to our team's success and develop your skills in a fast-paced environment.
The Credit Forecasting Team is at the heart of the firm’s financial strategy, driving pivotal processes around credit, capital, and climate risk. We estimate future credit losses for the consumers and small businesses across our Auto, Business Banking, Credit Card, Home Lending, Wealth Management and International Consumer Bank (ICB) portfolios. We provide critical insights and analysis on our credit losses across a range of macroeconomic scenarios and monitor key emerging risks while partnering closely internal teams such as Finance and Strategy.

Requirements

• Minimum 5 years of Risk Management, Finance and/or Consulting experience
• Ability to present complex and technical concepts in a clear, simple and concise manner to manage frequent interactions outside immediate team and senior management
• Ability to manage multiple priorities to high standards and to deliver high quality results within tight deadlines

Nice To Haves

• Programming languages like Python
• Knowledge of regulatory modeling (CECL / CCAR)
• Credit risk experience in one or more US consumer credit portfolios (i.e., Wealth Management, Private Banking)

Responsibilities

• Manage a team of 2 resources (India-based)
• Lead and review credit forecasts for internal and external exercises, such as budget, CECL, Firmwide Risk Appetite and CCAR (stress testing)
• Create presentations for senior management and present the forecast with a clear storyline and data support
• Lead cross-functional communications with Risk Management, Finance, Product and Collections to inform the forecast on current learnings and incorporate strategic initiatives
• Ensure appropriate documentation and controls are in place

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed