Modeling Analytics Vice President
Modeling Analytics Vice President
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Salary Not Disclosed
1 Vacancy
Job Description
Bring your expertise to JPMorgan Chase. As part of Risk Management and Complianceyou 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 approach
- Provide attribution analysis for quarterly changes as well as impact analysis of latest Macroeconomic forecast
- Identify emerging risks and be creative in sizing the potential impact on the portfolio using alternate data sources
- Collaborate 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 needed
- Partner with the Risk Modeling team to ensure the model functions as desired and provide regular inputs for improvement
- Create 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 integrations
- Enhance consistency and efficiency across existing processes and reporting to meet the changing needs of the business
- Demonstrate 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:
- Masters/Bachelors 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 profitability
- 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.
To 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).
Required Experience:
Chief
Employment Type
Full-Time
