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 / Bachelor's 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

- Prior experience of working in risk management role for consumer/business banking

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 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.

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