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Company:	JPMorgan Chase
Industry:	Banking / Financial Services
Job Type:	Full Time
Country:	United States
State/Province:	Texas
City:	Plano
Post Date:	04/16/2024 10:29 PM
Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Vice President on the Wholesale Credit Stress Loan Loss Forecasting (LLF) team, you will manage two members in Plano and focus on many different aspects of loss forecasting of the firm's Wholesale corporate loan portfolio. You will have the opportunity to understand losses under Comprehensive Capital & Analysis Review (CCAR) model framework, analyze losses and underlying drivers under the firm's quarterly Risk Appetite exercise, perform analysis to support existing and new stress limits on the loan portfolio and contribute to advancing the group's strategic data/analytical platform. The LLF team is responsible for implementing key credit risk practices across Wholesale businesses and ensuring consistency in methodologies within Wholesale Credit Risk. The team works across the Commercial and Investment Bank and Asset Management divisions, and will be aligned with firm-wide partners including Reporting, Finance, Model Risk & Development, Technology and the Regulatory Capital Management Office. Job Responsibilities Provide leadership, coaching and guidance to the junior members of the Plano team Support the production of regular stress testing exercises (CCAR, quarterly Risk Appetite) as well as more ad-hoc regional, Country, or portfolio-based exercises Synthesize the information, perform analysis and interpret results in order to assist in making recommendations which impact the industries/ lines of business Collaborate cross functionally with partner teams like Technology and Finance, along with other teams in Wholesale Credit Risk Collaborate with model developers, technology and businesses on improving the stress loss methodologies applied in stress frameworks Participate in risk reviews and make stress testing framework an essential component of different limits and industry portfolio management Navigate or build analytics dashboards in Tableau to streamline the review process of model results and data inputs such as portfolio characteristics and macro-economic scenarios Required Qualifications, Capabilities and Skills Bachelor's degree in finance, economics, mathematics, or related quantitative discipline 6+ years professional work experience, with demonstrated experience working in financial services, preferably in corporate credit risk or stress testing Analytical skills in Tableau, MS Excel, to quickly leverage large complex data and synthetize findings Strong ability to explain complex quantitative models clearly to audiences without a quantitative background Effective communication skills with demonstrated experience managing client relationships and guiding business actions Initiative - taking and proactive with proven ability to work accurately under pressure to meet deadlines Preferred Qualifications, Capabilities and Skills Knowledge of Python or R About us JPMorgan Chase & Co., 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 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. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veteran About the Team As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. We also take great pride in on our commitment to operating with integrity and discipline in all that we do. If you are a team player, are solutions-oriented and have an appetite for learning, you'll be a great fit for our team.

Wholesale Credit Risk Management - Loan Loss Forecasting Vice President

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