Duties: Develop and support quantitative modeling for Corporate Credit Risk grading frameworks, including Obligor grading, Loss Given Default, and regulatory capital. Develop methodologies to incorporate emerging risks within the Wholesale Credit Risk framework at both client-level and portfolio-level. Design periodic analytical reports related to Wholesale loan portfolio and contribute to ad hoc risk grading-related projects. Participate in the research, development, and implementation of risk models. Collaborate with global teams on various projects, such as implementation of policies, systems, and grading frameworks. Design and develop flexible, extendible, and highly performant software frameworks and related tools that integrate grading and forecast models into a strategic platform.
Minimum education and experience required: This position requires a Master’s Degree in Financial Engineering, Finance, Mathematics, or related field of study plus three (3) years of experience in the job offered or three (3) years of experience as Wholesale Credit Analytics and Solutions or related occupation. The employer will alternatively accept a Bachelor’s degree and five (5) years of experience in lieu of a Master’s degree and three (3) years of experience.
Skills Required: This position requires experience in the following: wholesale credit risk frameworks for Obligor grading and Loss Given Default; governance and development of wholesale credit risk grading policies; analyzing large datasets related to Obligor grading and financial performance and Basel, Comprehensive Capital Analysis and Review, and Current Expected Credit Losses regulatory frameworks; working with technology teams, including defining target operating model, business process implementation, and business requirements for technology implementation; statistical concepts, including Logistic Regression, Linear Regression, and Time Series Analysis; Python; R; Tableau; and Visual Basic for Applications.
Job Location: 383 Madison Avenue, New York, NY 10179
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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the “WELL Health-Safety Rating” for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.
As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm’s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm’s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.
Equal Opportunity Employer/Disability/Veterans