Job title:
Consumer Banking Risk Senior Associate (Bangalore)
Short description (Internal):
Join the consumer banking risk management team and support deposit risk initiatives thereby advancing your career with the bank.
Job summary:
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.
You will be responsible for deposit risk management developing and maintaining process standards and performing complex activities with the objective of reducing losses balancing risk reward trade-off and enhancing efficiencies in the system. Identify key risk drivers and assess concentrations and exposures while analytically segmenting the portfolio along these factors.
You would be required to interact frequently with cross-functional partners and make presentation to senior managers and executives. You will also be expected to demonstrate thorough understanding of the business and ensure robust controls environment.
Job responsibilities:
Responsible for the analysis and execution of specific projects/analytics for assigned functional area
High degree of judgment and independent decision making for complex issues and problem solving
Acquire deep understanding of the operational processes key performance metrics and profitability drivers enabling the delivery of insights encompassing the full account lifecycle
Work independently on analytical tasks starting with problem identification defining objectives data discovery and analysis of large & complex data points formulating concise conclusions with actionable recommendations creating presentations to pitch findings and risk proposals
Ability to work collaboratively with cross-functional partners to understand and address key business challenges
Providing clear/concise oral and written communication across various functions and levels inclusive of Operations IT and Risk Management
Required qualifications capabilities and skills:
MS / Bachelors degree in a quantitative discipline; Math Finance Statistics Economics or equivalent work/training is required; advanced degree is preferred
Strong communication and interpersonal skills with ability to interact with individuals across departments / functions
Knowledge of the banking products origination portfolio management sale/servicing default management / loss mitigation
In depth knowledge of risk management policies control processes metrics & review
Strong understanding of SAS programming SQL programming MS Word PowerPoint and Excel (graphs charts formulas etc.)
Preferred qualifications capabilities and skills
Required Experience:
Senior IC
JPMorganChase, 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 ov ... View more