Risk Management

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 Risk Management - Risk Modeling - Senior Associate in the Consumer & Business Banking (CBB) Risk Management group, you will be responsible for helping the larger Auto Loss Forecasting team by driving process and Governance excellence in designing high quality automated solutions to help analyze different risk metrics for each forecasting cycle and make certain bank wide governance is followed. The role 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 ResponsibilitiesLead production of the credit reserve loss forecast for Chase’s Auto Finance portfolio Analyze underlying reasons and quantification of emerging risk inclusive of macro-economic trends and industry riskWork with Finance, Collections, and Risk strategy to understand changes in the portfolio or strategies and apply overlays as neededWork with Risk modeling team to make sure model is working as desired and provide inputs for the improvement on a regular basisCreate presentations for the senior management and present the forecast with a clear storyline and data supportEnhance consistency and efficiency across existing processes and reporting to meet changing needs of the businessDemonstrate self-motivation with the ability to work on multiple projects with limited guidanceMentor and coach junior analysts to help them develop their risk management skills and loss forecasting knowledgePartner closely with other strategy areas of Risk, Modeling, Marketing, Finance, Legal & Compliance to coordinate integration of risk appetite framework into credit reserve strategiesSupport launch of new products and channels by evaluating potential credit reserve scenarios given loss projections Support ongoing internal and external audits by maintaining strong controls and documentationRequired qualifications, capabilities, and skills5+ years of relevant loss forecasting, statistical modeling, credit risk management or related analytical experienceBachelor’s degree in a quantitative discipline (. Finance, Mathematics, Statistics, Economics), or related field Strong analytical and problem-solving skillsStrong communication skills to present to and collaborate with business partners and model end-users and interpersonal skills a must including the ability to explain and/or present analysisAbility to think outside the box to tackle emerging risk and help influence and shape decisions for senior executivesData mining skills, specifically: SAS, SQL, Python, Excel, Microsoft Office, and database software applicationsFlexible and able to handle multiple tasks and a changing environmentIndependent decision-making skillsDemonstrated experience in applying analytics to solve business problems efficiently and pragmatically through structured problem-solving approachesPreferred qualifications, capabilities, and skillsPrior financial services experience in credit card, home lending or auto preferredAdvanced degree consideredKnowledge of consumer credit risk management; Auto business preferredTo be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co., will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit including optional practical training (OPT) or curricular practical training (CPT).