Risk Management - Wholesale Credit Risk Vice President
Job Responsibilities
Lead model development: analyze conceptual soundness of complex forecasting models, engines, and reserve methodologies; assess model behavior and suitability of forecasting models/engines for Wholesale Credit.
Develop Stress Capital modeling: To support exercises such as Comprehensive Capital Analysis and Review (CCAR), Internal Capital Adequacy Assessment Process (ICAAP), and CECL.
Utilize and implement Machine Learning: AI/ML techniques for risk monitoring, predictive modeling, and analyzing large, complex, structured/unstructured datasets.
Work with model implementation team, data team and production
Evaluate model performance on a regular basis
Required Qualifications, Capabilities, And Skills
- Solid theoretical and practical knowledge of statistical methods and models: generalized linear models, time-series analysis, clustering, decision trees, logistic regression.
- Experience in handling large amount of panel data, and data cleaning/filtering.
- Hands on programming in Python.
- Basic knowledge on credit risk modeling both at single-obligor level and portfolio level.
- Previous experience in writing documents for regulatory reviews.
About Us
JPMorgan Chase, 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 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, 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 support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
About The Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.