
Loss Forecasting Model Analytics Associate
4 days ago
Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.
Within the broader Consumer Credit Risk Management is the Loss Forecasting team. Our team provides reasonable forecasts of delinquencies, charge off and recovery of charged off assets throughout the year for Regulatory (CCAR and Risk Appetite), capacity planning and year-end budget in partnership with P&A, collections, recovery teams by means of various macro-economic scenarios. The team is also responsible for monitoring the health of the portfolio and updating stakeholders and senior management on emerging trends.
**Job responsibilities**
- Execute credit loss forecasting models to forecast credit losses and allowance for our product portfolio supporting regulatory exercises like CCAR, CECL, firmwide Risk Appetite and Budget
- Determine the loss forecasting results and levers. You will be required to present to senior management and other internal stakeholders
- Diagnose the Model parameters and liaison with modelling team to propose changes to model for accuracy at granular segments
- Participate in cross-functional communications with Risk Management, Finance, Marketing and Collections to inform the forecast on current learnings and incorporate strategic initiatives
- Conduct macro sensitivity analytics, loss and allowance attribution, deep dives and story-boarding
- Lead advanced analyses to assess relationships and patterns driving loss performance
**Required qualifications, capabilities, and skills**
- A Bachelor's or Master's Degree in a quantitative discipline (Finance/Stats/Econ/Math/Engineering) or equivalent work/training
- Minimum 4 yrs of banking analytics, product / revenue analytics, FP&A, and/or consulting experience for a Associate role
- Minimum 2 yrs of banking analytics, product / revenue analytics, and/or consulting experience for Associate role
- Proficiency in Microsoft Office suite of products (Advanced Excel, VBA and PowerPoint)
- Strong analytical and problem solving skills with the ability to interpret large amounts of data and its impact in either operational and financial areas
- Well-organized and structured with strong communication and presentation skills
**Preferred qualifications, capabilities, and skills**
- Working Knowledge of regulatory modeling (IFRS9 / CECL / CCAR)
- Credit risk experience in one or more US consumer credit portfolios (i.e. U.S. Mortgage, Credit Card, Automotive, Business Banking, Wealth Management, Private Banking)
- Working knowledge of P&A, product analytics, statistical modeling, model execution
-
Loss Forecasting Model Analytics Associate
6 days ago
Varthur, Bengaluru, Karnataka, India JPMorganChase Full time**JOB DESCRIPTION** Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view. Within the broader Consumer Credit Risk Management is the Loss Forecasting team. Our team provides...
-
Loss Forecasting Risk Analytics
6 days ago
Varthur, Bengaluru, Karnataka, India JPMorgan Chase & Co Full time**JOB DESCRIPTION** The Business Banking Credit Forecast and Portfolio Analytics team provides oversight and derive production of the credit forecast and loan loss reserve (LLR). The role is in the model diagnostic and model execution team and complete regular projects for these two sub teams. **Responsibilities**: - Actively help determine the loss...
-
Loss Forecasting and Risk Analytics
2 days ago
Bengaluru, India JPMorgan Chase & Co Full time**JOB DESCRIPTION** The Business Banking Credit Forecast and Portfolio Analytics team provides oversight and drive production of the credit forecast and loan loss reserve (LLR). The role is in the model diagnostic and model execution team and complete regular projects for these two sub teams. **Responsibilities**: - Actively help determine the loss...
-
Credit Risk Loss Forecasting
13 hours ago
Bengaluru, Karnataka, India JPMorganChase Full time**JOB DESCRIPTION** Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view. As an Associate in the Consumer Credit Forecasting team, you will be executing credit risk loss...
-
Loss Forecasting Transformation Associate
1 week ago
Bengaluru, Karnataka, India JPMorganChase Full time**JOB DESCRIPTION** Organization Description** Our Consumer & Community Banking (CCB) division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We’re proud to lead the U.S. in credit card sales and deposit...
-
Risk Credit Forecasting Associate
6 days ago
Bengaluru, Karnataka, India JPMorganChase Full time**JOB DESCRIPTION** Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view. As an Risk Credit Forecasting Associate in the Loss Forecast and Portfolio Analytics team, you will...
-
Home Lending Risk Forecasting Analytics
13 hours ago
Varthur, Bengaluru, Karnataka, India JPMorganChase Full time**JOB DESCRIPTION** The Credit Forecast Team support the US credit forecasting home lending division in execution of their processes through analytical insights, new age technologies and predictive analysis. **Responsibilities**: - Actively help determine the loss forecasting results and drivers. This information will be presented to executive management...
-
Director ECL Management and Loss forecasting
3 weeks ago
Bengaluru, India Lendingkart Full timeRole & responsibilities Lead and manage the ECL Management and Loss Forecasting process * Develop, maintain and manage all ECL models in compliance with IFRS 9 / INDAS standards.* Oversee the implementation of ECL models ensuring proper calibration, validation, and documentation of models.* Manage all ECL audits incl. stat audits and regulatory...
-
Director ECL Management and Loss forecasting
1 week ago
Bengaluru, Karnataka, India Lendingkart Full time ₹ 15,00,000 - ₹ 25,00,000 per yearRole & responsibilitiesLead and manage the ECL Management and Loss Forecasting process * Develop, maintain and manage all ECL models in compliance with IFRS 9 / INDAS standards.* Oversee the implementation of ECL models ensuring proper calibration, validation, and documentation of models.* Manage all ECL audits incl. stat audits and regulatory inspections*...
-
Credit Risk Loss Forecasting Analytics
2 days ago
Bengaluru, India JPMorgan Chase & Co Full time**JOB DESCRIPTION** This an excellent opportunity for an individual who thrives in a fast-paced and team-oriented environment where strong analytical skills, business acumen, and superior communication skills are leveraged to support our company's ability to accurately forecast our losses and identify early signs of credit risks. The Consumer and Community...