As a Credit Risk Modelling Analyst / Associate within the Risk Management team, you will be involved in macro as well as micro-economic concepts, risk drivers, global/local risk scenarios and the diversity of business present in JP Morgan SE. You will be a part of the team, which is the legal entity owner of the IFRS credit model and works on model and stress topics for wholesale credit.
Job responsibilities
- Perform IFRS modelling topics and allowance calculation
- Interact with firmwide modelling teams, local risk management and finance function and the regulator
- Improve existing risk models
- Leverage the firm’s infrastructure to perform quantitative analysis on the JP Morgan SE portfolio
- Analyze the implications of firmwide solutions as well as the appropriateness for the local portfolio
- Work on the delivery of Stress test exercises
- Cooperate closely with quantitative research teams around the globe
- Present the results and risk analysis to senior management
Required qualifications, capabilities, and skills
- Master’s in Statistics, Data Analytics, Economics, Math, Computer Science or equivalent discipline
- Proficiency in Python
- An understanding of SQL, data manipulation and extraction
- Strong interpersonal skills in communication as well as collaboration
- Deep understanding of statistical methods and modelling approaches
- Strong quantitative, analytical and problem solving skills
- Eagerness to learn about Credit Risk, Risk Parameters, Regulatory and Accounting concepts
Preferred qualifications, capabilities, and skills
- First working experiences in modelling / credit risk
- Data Visualization tools like Tableau, Qlik View, Power BI etc.
- Knowledge on IFRS 9 credit risk topics
- Experience with banking regulation