Loss Forecasting Risk Analytics

1 month ago


Bengaluru, India JPMorgan Chase Bank, N.A. Full time

In the Loss Forecast team, y ou will be responsible for providing capital analysis numbers for various macroeconomic scenarios that directly impact the firm's P&L. You will also performs in-depth analysis of the portfolio to draw insights on existing and emerging risks, analyses model performance and limitations, develops strategic overlays, and has a strong handle on end-to-end controls for the processes they run. You will be responsible for performing measurement and capture of idiosyncratic risks for capital planning purposes, both internal and regulatory. Additionally you may be responsible in designing stress scenarios and shocks, managing the end-to-end scenario analysis, framework, performing detailed analysis of stress drivers, and responding to regulatory requests (e.g. CCAR). You would be required to collaborate with Technology team to further enhance the stress framework, and work in close concert with controllers, finance, and other stakeholders.

**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. Advanced degree preferred
- 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 skill**
- Regulatory Concepts or CCAR Experience

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.



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