What are the responsibilities and job description for the Risk Management - Wholesale Credit Risk Senior Associate position at JPMorgan Chase?
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.
Replace the first sentence with "As a Risk Management - Wholesale Credit Risk Senior Associate in Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. The position requires the experience in modeling of either balance forecasting (commitment, utilization, prepayment) and/or spread/GII/NII.
Job Responsibilities
- Possess a solid theoretical and practical knowledge of statistical methods and models: generalized linear models, time-series analysis, clustering, decision trees, logistic regression.
- Handling large amount of panel data, and data cleaning/filtering.
- Perform basic credit risk modeling both at single-obligor level and portfolio level.
Required qualifications, skills and capabilities
- PhD or MS in quantitative field: finance, statistics, econometrics, mathematics, physics, engineering.
- Previous experience in writing documents for regulatory reviews.
Preferred qualifications, skills and capabilities
- Strong new graduate candidate will be considered. 1 plus years of relevant experience is preferred.
- Hands on programming in Python. R is good to have.
- Prior experience in wholesale credit is preferred.
- Prior experience in PPNR modeling is strongly preferred.