Credit Risk Forecasting Analytics

2 days ago


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

As an Associate in the Auto Loss Forecasting team, you'll work to provide best in class analytics and develop production of the credit loss forecast and loan loss reserve (LLR) for all JPMorgan Chase & Co. Auto Loans & Leases. You will be required to innovate solutions leveraging data ensuring solutions developed is future ready, optimal and creates ease of use for end consumer. You will also be expected to ensure delivery of comprehensive & feasible data model and dashboards keeping needs of key stakeholder together.

**Responsibilities**:

- Actively determine the loss forecasting results and drivers, backed by thorough analysis
- Manage storyboarding of different forecasts, including deck preparation with attention to accuracy and deadlines
- Conduct loss attribution analysis based on economic scenario, portfolio trends, planned business actions and model components/assumptions
- Participate in cross-functional communications with Risk Management, Finance, Marketing and Collections to inform the forecast on current learnings and incorporate strategic initiatives
- Recommend and size overlays; P roduce thorough documentation for audit and controls
- Understand model inputs and outputs; conduct model back testing and sensitivity analysis to inform future model development actions
- Manage ad hoc analysis; starting with identifying opportunities and proposing effective solutions followed by presentation to senior management

**Required qualifications, capabilities, and skills**
- Bachelor's degree in a quantitative discipline or equivalent work/training is required. Advanced degree preferred
- 3+ years of experience in Credit Risk, Statistical Modeling, Modelling Analytics
- Understanding of the US consumer credit products and the US Auto Industry is a plus
- Strong analytical, problem solving and story boarding skills
- Proficient in SAS, Python, Tableau and Alteryx
- Highly proficient in Microsoft Office suite (Advanced Excel, VBA and PowerPoint)
- Well-organized and structured with good communication and interpersonal skills

**Preferred qualifications, capabilities, and skills**

The following additional items will be considered but are not required for this role
- Experience of working in an Agile framework
- Experience in risk strategy, risk modelling, automation

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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