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 in the Credit Card Loss Forecasting within the Consumer & Community Banking (CCB) Risk Management group, you will be responsible for credit forecasting for the $220B credit card portfolio. The role encompasses important aspects of loss forecasting like, CECL, Budget, and Model analytics. This is an exciting opportunity to work in a high-impact team 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: 

Lead the quarterly ACL process for the Card portfolio using CECL approachProvide attribution analysis for quarterly changes as well as impact analysis of latest Macroeconomic forecastIdentify emerging risks and be creative in sizing the potential impact on the portfolio using alternate data sourcesCollaborate with the central loss forecasting team to manage process timelines and provide necessary information.Work with Finance, Modeling, and Risk Strategy teams to understand changes in the portfolio, model, or strategies and apply adjustments as neededPartner with the Risk Modeling team to ensure the model functions as desired and provide regular inputs for improvementCreate and present quarterly ACL to senior management with a clear storyline and data support.Support annual stress testing (CCAR), the Risk Appetite framework, and strategy integrationsEnhance consistency and efficiency across existing processes and reporting to meet the changing needs of the businessDemonstrate initiative and the ability to work on multiple projects with limited guidance, while mentoring and coaching junior analysts to develop their risk management skills and finance knowledge.Confidently defend the loss forecasting numbers in front of senior management, the Model Review Group, and internal/external auditors/regulators.

 

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.5+ years of experience in Credit Risk Management, Statistical Modeling, Marketing Analytics, and/or Consulting.7+ years of related analytical experience.Strong knowledge of Python, SAS, SQL, and MS Office required.Strong P&L knowledge and understanding of drivers of profitabilityStrong 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.