Loss Forecasting Risk Analytics Associate

Year    Bangalore, Karnataka, India

Job Description


:

The Business Banking Credit Forecast and Portfolio Analytics team provides oversight and derive production of the credit forecast and loan loss reserve (LLR). The role is in the model diagnostic and model execution team and complete regular projects for these two sub teams.

Job Responsibilities:

  • Actively help determine the loss forecasting results and levers. This information will be presented to executive management and other internal clients
  • Participate in cross-functional communications with Risk Management, Finance, Marketing and Collections to inform the forecast on current learnings and incorporate strategic initiatives
  • Lead advanced analyses to assess relationships and patterns driving loss performance
  • Produce the loss forecast and maintenance of associated loss models
  • Help spearhead best in class documentation and operational risk and audit controls surrounding the loss forecasting and LLR
Required qualifications, capabilities, and skills
  • A Bachelor\'s degree in a quantitative discipline (Finance/Stats/Econ/Math/Engineering) or equivalent work/training is required. Advanced degree preferred
  • 5+ years of Credit Risk Management, Statistical Modeling, Marketing Analytics and/or Consulting experience
  • Strong knowledge of Python, SAS, SQL and MS Office required
  • Strong P&L knowledge and understanding of levers of profitability
  • 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
  • Excellent oral and written communication and presentation skills
Preferred qualifications, capabilities, and skills
  • Knowledge of regulatory modeling (IFRS9/CECL/CCAR preferred)
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 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 for more information about requesting an accommodation.

About the Team:

Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We\'re proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions - all while ranking first in customer satisfaction.

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.

JPMorgan Chase

Beware of fraud agents! do not pay money to get a job

MNCJobsIndia.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Related Jobs

Job Detail

  • Job Id
    JD3254908
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year