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JPMorganChase

Wholesale Credit Risk Forecasting Associate

Posted 8 Days Ago
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Hybrid
Mumbai, Maharashtra, IND
Mid level
Hybrid
Mumbai, Maharashtra, IND
Mid level
Executes quarterly credit stress and allowance testing, supports forecasting architecture and dataflow enhancements, develops Python, SQL, Tableau, and AI-based automation tools, and performs portfolio analysis, reconciliation, governance, and model library updates. The role partners with technology teams, lines of business, modelers, developers, and stakeholders to improve wholesale credit risk forecasting platforms and translate model changes into forecast implications.
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Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.
As an associate in the Wholesale Credit Risk Forecasting Team, candidate will focus on execution and framework testing, delivering credit risk modeling and credit risk strategic innovation for the technology platforms to meet the requirements of CCAR/Stress Testing, Credit Stress Framework, and Economic Credit Capital. You will play a key role in monthly/quarterly model preparation and execution, as well as collaborate closely with developers, modelers and technology to design and implement strategic enhancements to wholesale credit projects including technology platforms, operating model, data pipeline, and analytics framework. Additionally, you'll coordinate model library updates, assess the impact of model and implementation changes on forecast outputs and clearly translate those implications to Analytics and other stakeholders.

Job Responsibilities

- Execute and deliver the quarterly stress and allowance SDLC testing across all execution workstreams
- Design and develop tools (Python/SQL/Tableau/AI based) to automate development and testing solutions
- Support the strategic build-out of stress testing workflow/dataflow for future initiatives 
- Intimate understanding of the implementation of the forecasting architecture, systems, dataflow, hardware, and model libraries 
- Identify issues and streamline data flow from acquisition to results production 
- Liaise with technology partners and LOBs to improve and enhance the forecasting process 
- Help to plan and perform for all production/testing needs 
- Work in an Agile framework to write business requirements in the form of JIRA epics & user stories to develop data and system requirements for credit risk modelling platform 
- Perform control and reconciliation against deliveries in addition to creating/enhancing formal governance 
- Perform portfolio analysis, data segmentation, data transformation and database interaction to prepare various datasets

Required qualifications, skills, and capabilities

- BA/BS degree in computer science, mathematics, engineering, data analytics, economics
- Minimum 3+ years of experience working in a finance organization with data analytics and/or credit risk, Wholesale Risk Management, Quantitative Research, Data Analytics, Model Testing
- Technologically savvy with an ability to understand systems and their internal functionality; Coding knowledge and experience in Python/SQL is required
- Ability to organize work and solve problems independently and excel in a deadline-oriented environment
- Strong communications skills, written and verbal – significant interaction with LOBs, risk streams, senior managers, and external stakeholders
- Proactive, self-starter with ability to work in a collaborative environment
- Must be familiar with the software development lifecycle
- Excellent written and verbal communication skills, ability to engage and work with internal and external stakeholders

About Us

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

About the TeamJ.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. 

JPMorganChase Mumbai, Maharashtra, IND Office

B11, B9, B10, Nirlon Knowledge Park, near Mrinal Tai Gore Flyover, Cama Industrial Estate, Mumbai, Maharashtra, India, 400063

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