DescriptionAs a Lead in the Loss Forecast and Portfolio Analytics team youll work to provide oversight and drive production of the credit loss forecast and CECL forecast for all JPMorgan Chase & Co. credit cards.
In this highly visible role youll:
- Manage a team of risk modeling analysts
- Actively help determine the loss forecasting results and drivers. This information will be presented to executive management and other internal clients
- Understand the impact of model updates and drive creation of overlays
- Identify and size the impact of emerging risks in Card portfolio
- Identify key trends happening in the card portfolio and its impact on the losses and profitability and baseline and stress scenarios
- Participate in cross-functional communications with Risk Management Finance Marketing and Collections to inform the forecast on current learnings and incorporate strategic initiatives
- Lead advanced analyses to assess relationships and patterns driving loss performance
- Produce the loss forecast and maintenance of associated loss models
- Help spearhead best in class documentation and operational risk and audit controls surrounding the loss forecasting and LLR
Qualifications:
- A Bachelors degree in a quantitative discipline (Finance/Stats/Econ/Math/Engineering) or equivalent work/training is required. Advanced degree preferred
- 10 years of Credit Risk Management Statistical Modeling Marketing Analytics and/or Consulting experience
Essential skills:
- Strong knowledge of Python SAS or SQL required
- Strong analytical interpretive and problem solving skills with the ability to interpret large amounts of data and its impact in both operational and financial areas
- Excellent oral and written communication and presentation skills
Preferred skills:
- Prior exposure to credit forecasting or underwriting of unsecured lending products like credit card personal loans or BNPL
- Some exposure to automation and dashboard creation
- Strong P&L knowledge and understanding of drivers of profitability
Required Experience:
Exec