Jpmorgan Chase & Co. Plano , TX 75023
Posted 2 weeks ago
JobID: 210509849
Category: Firmwide Risk and Compliance
JobSchedule: Full time
Posted Date: 2024-04-26T18:24:23+00:00
JobShift: Day
:
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
Jpmorgan Chase & Co.