Vice President, Core Modeling
Req #: 190102456
Location: Wilmington, DE, US
Job Category: Accounting/Finance/Audit/Risk
Duties: Responsible for end-to-end complex statistical model development and ad-hoc analysis to support Comprehensive Capital Analysis and Review (CCAR), Dodd-Frank Act Stress Test (DFAST), Current Expected Credit Loss (CECL), Loss Reserve, and internal Risk Appetite and Business Planning processes, and to drive innovation and research for new opportunities for revenue growth and risk mitigation.
Work with a team of decision science professionals to develop best-in-class core risk and profitability models and tools for all aspects of credit risk decision points across life-cycle of customers. Leverage advanced level statistical, mathematical, economics, and computer science knowledge in data collection, data mining, and model development. Ensure all the models are in compliance with regulatory requirements and/or the firm wide model risk policy.
Collaborate with business partners for all the model production and application. Effectively communicate model result, analytical finding, and insights to business partners and senior managers to support business decision. This position does not supervise employees.
Minimum education required: Master's degree or equivalent in Statistics, Econometrics, Economics, Operations Research, Mathematics, Computer Science, or related quantitative field.
Minimum experience required: 3 years of experience in statistical and machine learning modeling with programming languages such as Python, Scala, C# or SAS, or related experience.
Skills Required: Must have experience in statistical and machine learning model development.
Must have experience in data analysis / data mining techniques. Must have experience in dimensionality reduction and clustering. Must have experience communicating modeling and analysis results, insights, and recommendations to senior management and business partners to support business decisions.
Must have programming experience with Python, Scala, SAS/STATA, C#. Must have project management experience. Must have experience with Monte Carlo simulation. Must have experience in manipulating and analyzing big data.
Must have experience in consumer risk modeling and analytics. Must have experience in linear and non-linear optimization. Employer will accept any amount of professional experience with the required skills.
Jpmorgan Chase & Co.