JPMorgan Risk Management - Wealth Credit Forecasting Associate 

India, Karnataka, Bengaluru 

398322647

As a Risk Management - Wealth Management Credit Forecasting Associate in Wealth Management Credit Forecasting, within Consumer & Community Banking (CCB) Risk, you will be responsible for executing credit forecasting models, diagnosing model accuracy, and leading analyses to assess the performance of our product portfolio. This is an exciting opportunity to contribute to our team's success and develop your skills in a fast-paced environment. You will be responsible for execution of the processes through analytical insights, predictive analysis and newer technology applications.

Job Responsibilities

• Execute credit forecasting models to forecast credit losses and allowance for the JPMChase Wealth Management portfolio, supporting regulatory exercises like CCAR, CECL, firmwide Risk Appetite and Budget
• Conduct macro sensitivity analytics, loss and allowance attribution, deep dives and story-boarding
• Create presentations for senior management and present the forecast with a clear storyline and data support.
• Diagnose the Model parameters and liaison with modelling team to propose changes to model for accuracy at granular segments
• Participate in cross-functional communications with Risk Management, Finance, Product and Collections to inform the forecast on current learnings and incorporate strategic initiatives
• Prepare and maintain documentation for audit controls surrounding loss forecasting and reserves
• Partner with Finance and Risk to ensure strategy alignment and seamless execution

Required qualifications, capabilities, and skills

• Bachelor's degree in a quantitative discipline (Finance/Stats/Econ/Math/Engineering) or equivalent work/training
• Minimum 3 years of Credit Risk Management, Statistical Modeling, Financial Analysis and/or Consulting experience
• Strong analytical, interpretive, and problem-solving skills with the ability to interpret large amounts of data and its impact in both operational and financial areas
• Strong communication and interpersonal skills, ability to interact with individuals across departments/functions
• Proficiency in Microsoft Office suite of products (Advanced Excel, VBA and PowerPoint)
• Programming languages like Python/SAS/SQL

Preferred qualifications, capabilities, and skills

• Knowledge of regulatory modeling (IFRS9 / CECL / CCAR)
• Credit risk experience in one or more US consumer credit portfolios (i.e., U.S. Mortgage, Credit Card, Automotive, Business Banking, Wealth Management, Private Banking)