Wholesale Credit Risk Associate - Stress Testing

JPMorgan Chase & Co. • Plano, TX

4d

About The Position

As a Wholesale Credit Risk Loan Loss Forecasting Associate in the Commercial & Investment Bank Risk organization, you will help ensure the integrity and quality of the firm's wholesale credit loan loss estimates, which span more than $1 trillion in client exposure across lines of business and industry segments. You will collaborate with senior executives and partners across Risk, Finance, and the broader firm to deliver analytics and methodology insights and modernize how those insights are produced. The role applies advanced analytics and a resourceful, tool-agnostic mindset to processes that inform quarterly allowance and stress testing exercises. You will join a diverse, global team whose work has a direct impact on firmwide risk and finance programs.

JPMorganChase is a global financial institution offering financial solutions to consumers, businesses, and institutional and government clients. Its Commercial & Investment Bank provides strategic advice, raises capital, manages risk, and extends liquidity in markets around the world.

Requirements

• Bachelor's degree in Business, Finance, Accounting, Economics, Statistics, Engineering, or a related quantitative discipline.
• At least 3 years of experience in credit risk, loan loss forecasting, financial analysis, or a quantitative function within financial services.
• Familiarity with Commercial and Industrial and Commercial Real Estate loans and lending-related commitments.
• Working knowledge of CECL credit loss accounting standards and familiarity with the CCAR regulatory framework and stress testing requirements.
• Proficiency in SQL and Python for extraction, transformation, and analysis of large datasets across Risk, Finance, or related functions.
• Experience with modern data and analytics platforms such as Alteryx, Databricks, ThoughtSpot, or VSCode.
• Hands-on experience with Tableau Desktop.
• Proficiency in Microsoft Excel, PowerPoint, and other Office applications.
• Ability to collaborate across diverse groups, build consensus, execute agreed plans, and manage multiple concurrent workstreams in a fast-paced environment.
• Strong oral and written communication skills, including the ability to explain complex topics clearly and concisely to senior management.

Nice To Haves

• Advanced degree, such as an MBA or a master's degree in Finance, Economics, or a quantitative discipline, or a professional certification such as CFA or FRM.
• Hands-on experience with quantitative credit risk modeling or model validation within a wholesale lending environment.
• Experience applying AI/LLM tooling within a regulated or control-focused environment.

Responsibilities

• Review top-level and loan-level allowance and stress testing results for reasonability, accuracy, and alignment with portfolio trends.
• Assess risks and support estimation of qualitative loan loss reserves, incorporating management judgment, industry data, and emerging or idiosyncratic risk factors.
• Calculate, analyze, and communicate modeling parameters, including Probability of Default, Loss Given Default, Exposure at Default, and Rating Migration, and translate them into actionable loss estimates.
• Develop expertise in CECL allowance estimation methodology and maintain working knowledge of CCAR stress testing to support consistency of assumptions and results across both exercises.
• Perform portfolio trend and sensitivity analyses across macroeconomic scenarios, portfolio stress tests, and assumption changes, building reusable, query-driven analytics to support strategic decision-making.
• Prepare and present materials to senior management and firmwide stakeholders, adapting messaging and detail to diverse audiences.
• Collaborate across lines of business and with partners in Corporate Finance, External Reporting, Quantitative Research, Model Risk, and Technology to build consensus and execute shared objectives.

Benefits

• Competitive total rewards package, including base salary determined by role, experience, skill set, and location.
• Eligible roles may receive commission-based pay and/or discretionary incentive compensation in cash and/or forfeitable equity.
• Comprehensive health care coverage.
• On-site health and wellness centers.
• Retirement savings plan.
• Backup childcare.
• Tuition reimbursement.
• Mental health support.
• Financial coaching.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level