Wholesale Credit Risk Associate - Stress Testing

JPMorgan Chase & Co. • New York, NY

18h • $135,000 - $150,000

About The Position

As a Wholesale Credit Risk Loan Loss Forecasting Associate in the Commercial & Investment Bank Risk organization, you will help shape the integrity and quality of the firm's wholesale credit loan loss estimates, spanning more than $1 trillion in client exposure across diverse businesses and industry segments. You will work with senior executives and partners across Risk, Finance, and the broader firm to deliver analytics and methodology insights for quarterly allowance and stress testing exercises. The role contributes to firmwide risk and finance programs and includes work on CECL and CCAR forecasting.

Requirements

• Bachelor's degree in Business, Finance, Accounting, or a related field.
• At least 3 years of experience within the financial services industry.
• Familiarity with Commercial and Industrial and Commercial Real Estate loans and lending-related commitments.
• Knowledge of CECL credit loss accounting standards.
• Knowledge of the CCAR regulatory framework and stress testing requirements.
• 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 distill complex topics into clear, concise messaging for senior management.
• Proficiency in Microsoft Excel, PowerPoint, and other Office applications.

Nice To Haves

• Advanced degree, such as an MBA or master's degree in Finance, Economics, or a quantitative discipline, or professional certification such as CFA or FRM.
• Hands-on experience with quantitative credit risk modeling or model validation within a wholesale lending environment.
• Experience working across Risk, Finance, or related functions at a large, matrixed financial institution.
• Proficiency in data analysis and visualization tools such as Tableau or Alteryx.
• Familiarity with regulatory reporting frameworks and external financial disclosures related to credit loss estimation.

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.
• Build expertise in allowance and stress testing estimation processes and inform methodology across CECL and CCAR forecasting exercises.
• Conduct portfolio trend and sensitivity analyses across macroeconomic scenarios, portfolio stress tests, and assumption changes to support strategic decision-making.
• Prepare and present materials to senior management and firmwide stakeholders, tailoring messaging and detail to different audiences.
• Collaborate with lines of business and 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 and, for eligible roles, 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