Risk Management - Card Loss Forecasting - Senior Associate

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 Modeling Analytics - Senior Associate in Credit Card Loss Forecasting, you will be responsible for leading credit forecasting for the $240B credit card portfolio. This role requires strong data analytical knowledge and skills to generate short- and long-term loss forecasts and perform attribution analysis. The role encompasses all aspects of loss forecasting, including CCAR, CECL, Budgets, and Risk Appetite.

This is an exciting opportunity to work on high-impact strategy initiatives as they become the key focus of the firm and across the financial services industry. You will excel at creative thinking and problem-solving, be self-motivated, confident, and ready to work in a fast-paced, energetic environment.

** Job Responsibilities*
* + Support the end-to-end completion of annual CCAR and quarterly Risk Appetite

+ Support analytical tools for risk assessment and stress credit evaluations to support annual stress testing, the Risk Appetite framework, and strategy integrations

+ Collaborate with the central loss forecasting team to manage process timelines and provide necessary information

+ Work with Finance, Collections, and Risk Strategy to understand changes in the portfolio or strategies and apply overlays as needed

+ Partner with the Risk Modeling team to ensure the model functions as desired and provide regular inputs for improvement

+ Create and present forecasts to senior management with a clear storyline and data support

+ Enhance consistency and efficiency across existing processes and reporting to meet the changing needs of the business

+ Be a self-motivated individual with the ability to work on multiple projects with limited guidance

+ Help spearhead best-in-class documentation and operational risk and audit controls surrounding the CCAR and Risk Appetite Process

** Required qualifications, capabilities, and skills*
* + Master's/Bachelor's degree in a quantitative discipline (Finance/Statistics/Economics/Mathematics/Engineering) from an accredited college/university required

+ 1+ years of experience in Credit Risk Management, Statistical Modeling, Marketing Analytics, and/or Consulting

+ 3+ years of related analytical experience

+ Strong knowledge of Python, SAS, SQL, and MS Office required

+ Strong analytical, interpretive, and problem-solving skills with the ability to interpret large data sets and their impact in both operational and financial areas

+ Excellent oral and written communication and presentation skills

** Preferred qualifications, capabilities, and skills*
* + Advanced degree is preferred

+ Strong P&L knowledge and understanding of drivers of profitability

Chase is a leading financial services firm, helping nearly half of America's households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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…