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HR at JP Morgan Chase

Job Views:  
301
Applications:  83
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Posted in

Consulting

Job Code

1388725

JP Morgan Chase - Associate - Loss Forecasting Risk Analytics - Home Lending

3 - 8 Years.Bangalore
Posted 2 months ago
Posted 2 months ago

Description: The Credit Forecast Team support the US credit forecasting home lending division in execution of their processes through analytical insights, new age technologies and predictive analysis.

As a Loss Forecasting Risk Analytics - Associate you will play a crucial role in overseeing and producing the credit forecast and loan loss reserve (LLR). You will actively help determine the loss forecasting results and levers, participate in cross-functional communications, lead advanced analyses, and produce the loss forecast. This role provides an opportunity to apply your strong analytical, interpretive, and problem-solving skills, and to contribute to our team's commitment to best in class documentation and operational risk and audit controls.

Job Responsibilities:

- Actively help determine the loss forecasting results and drivers. This information will be presented to executive management and other internal clients

- 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

Required qualifications, capabilities, and skills:

- A Bachelor's degree in a quantitative discipline (Finance/Stats/Econ/Math/Engineering) or equivalent work/training is required.

- 3+ years of Credit Risk Management, Statistical Modeling, Marketing Analytics and/or Consulting 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 amounts of data and its impact in both operational and financial areas

- Excellent oral and written communication and presentation skills

Preferred qualifications, capabilities, and skills

- Knowledge of regulatory modeling (IFRS9/CECL/CCAR preferred)

JPMorgan Chase & Co., 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 recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

Note : For your candidature to be considered on this job, you need to apply necessarily on the company's redirected page of this job. Please make sure you apply on the redirected page as well.

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Posted By

user_img

HR

HR at JP Morgan Chase

Job Views:  
301
Applications:  83
Recruiter Actions:  0

Posted in

Consulting

Job Code

1388725

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