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Bring your expertise to JPMorgan Chase. 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.

As a Wholesale Credit Risk Loan Loss Forecasting - Associate, you will develop value added risk analytics solutions through the deployment of advanced analytical frameworks on top of the firm's big data resources. In this role, you will focus on leveraging data to enhance the current end-to-end credit risk process across all of Credit Risk.

Job Responsibilities

• Stay up to date on the latest Risk related news and trends across the financial services industry, markets, politics, etc. and have the thought space to anticipate potential impact(s) on the Firm.

• Review top level and loan level detailed allowance results for reasonability and accuracy

• Exercise analytical skills to assess risks and support estimation of the qualitative allowance, which considers management's judgment of industry and portfolio-specific data, and captures emerging and/or idiosyncratic risks

• Calculate, analyze, and communicate modeling behaviors and parameters (including Probability of Default, Loss Given Default, Exposure at Default, and Rating Migration) and how these translate into loss estimates

• Develop a deep understanding of the allowance estimation process and inform methodology alignment across CECL, IFRS 9, and stress testing loss forecasting exercises

• Support portfolio trend and sensitivity analysis to various macroeconomic scenarios, portfolio 'what-if' stresses, and assumption changes

• Prepare and present materials to senior management and other Firm wide stakeholders, adapting messages to different audiences

• Collaborate with partners across the Firm, including the lines of business, and the Risk Finance, Quantitative Research, Model Risk, and Technology organizations

Required Qualifications, Capabilities and Skills

• Bachelor's degree in Business, Finance, Accounting, or related field

• 3+ years' experience within the financial services industry

• Knowledge with Commercial and Industrial (C&I) and Commercial Real Estate (CRE) loans and lending related commitments

• Knowledge of CECL / IFRS 9 credit loss accounting standards.

Preferred Qualifications, Capabilities and Skills

• Strong organizational skills including attention to detail and multitasking skills

• Excellent written and verbal communication skills and ability to synthetize results and share with a senior audience as needed

• Ability to work and solve problems independently and excel in a high-pressure, deadline oriented environment

• Excellent relationship management skills and ability to facilitate communication between teams

• Mindset for continuous improvement and to challenge the status quo

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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.

JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans