Add office photos
i
JPMorgan Chase & Co.
CompareProud winner of ABECA 2024 - AmbitionBox Employee Choice Awards
All Filters
623 JPMorgan Chase & Co. Jobs
Credit Risk Loss Forecasting - Associate
2-8 years
₹ 10 - 44L/yr (AmbitionBox estimate)
Bangalore / Bengaluru
1 vacancy
Credit Risk Loss Forecasting - Associate
JPMorgan Chase & Co.
posted 1mon ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
- Execute credit loss forecasting models to forecast credit losses and allowance for the Chase Business Banking portfolio supporting regulatory exercises like CCAR, CECL, firmwide Risk Appetite and Budget
- involve in determining the loss forecasting results and levers. This information will be presented to executive management and other internal clients
- Diagnose Model and liaison with modelling team to propose changes to model for accuracy at granular segments; Maintenance of existing models, identification of opportunities and issues, and proposing effective solutions
- 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
- Manage Process automation, using Excel / VBA and/or programming languages like Python/SAS
- Spearhead best in class documentation for audit controls surrounding loss forecasting and reserves
- Work on multiple projects with limited guidance
- A Bachelors or Masters Degree in a quantitative discipline (Finance / Stats / Econ / Math / Engineering) or equivalent work/training is required
- Minimum 3 yrs of credit risk analytics, loss forecasting, statistical modeling, model execution and/or consulting experience
- Proficient in programming languages like Python/SAS /SQL
- Expertise in SAS and/or SQL programming (ORACLE, Teradata) is required.
- Highly proficient 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 both operational and financial areas
- Well-organized and structured with strong communication and presentation skills
- Experience working with partners in different geographical locations, particularly in India and the US, is a plus.
- Advance degree in Finance, Economics, Statistics, Mathematics, Computer Science, or a related field is preferred.
- Programming language experience including Python/ R is a plus.
- Knowledge of regulatory standards (IFRS9/CECL/CCAR is preferred).
- Experience in mortgage, performing mortgage servicing, or risk analytics is highly desirable.
Employment Type: Full Time, Permanent
Read full job descriptionJPMorgan Chase & Co. Interview Questions & Tips
Prepare for JPMorgan Chase & Co. Associate roles with real interview advice
Top JPMorgan Chase & Co. Associate Interview Questions
What people at JPMorgan Chase & Co. are saying
Rating based on 611 Associate
reviews
Anonymous · Software Development
in Bangalore/Bengaluru
A good banking application knowledge.
People don't like to help and but they do like to create dependency. People are isolated. Toxic culture . Team members are not at all supportive.
Read 611 reviewsAssociate salary at JPMorgan Chase & Co.
What JPMorgan Chase & Co. employees are saying about work life
JPMorgan Chase & Co. Benefits
Employee Programs Wellness Programs Health Care and Insurance Plans Family Care Retirement Savings Programs 
Compare JPMorgan Chase & Co. with
Morgan Stanley
Goldman Sachs
TCS
Bank of America
Amazon
Accenture
Deloitte
Deutsche Bank
Oracle
Capgemini
Barclays
Infosys
Microsoft Corporation
Citigroup
Wells Fargo
HSBC Group
UBS
Bajaj Finserv
Cholamandalam Investment & Finance
Similar Jobs for you
JPMorgan Chase & Co. Bangalore / Bengaluru Office Location
Karnataka 560056
Model Risk Quality Assurance (Policy Practice & Governance) Associate
3-8 Yrs
₹ 20 - 35L/yr
Mumbai
Risk Strategic Analytics, Cards, Associate, Bangalore / Mumbai
3-8 Yrs
₹ 20 - 35L/yr
Bangalore / Bengaluru, Mumbai
JP Morgan Chase - Senior Director - Software Engineering (10-15 yrs)
10-15 Yrs
JP Morgan Chase - Solutions Analyst/Technical Business Analyst - Payments Segment (3-7 yrs)
3-7 Yrs
JP Morgan Chase - Manager/Associate - Payment Lifecycle (10-15 yrs)
10-15 Yrs
JP Morgan Chase - Manager - CIB Risk Analyst - Asia Hedge Funds & Asset (6-10 yrs)
6-10 Yrs
