Wholesale Credit Risk, Loan Loss Forecasting - Associate

JPMorgan Chase & Co.; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

JPMorgan Chase & Co. is seeking a dedicated professional to lead the integration of climate and nature risk into loss forecasting frameworks. This role requires collaboration with cross-functional stakeholders and effective communication skills, supported by a strong foundation in risk management and relevant educational qualifications. Join a leading financial institution committed to partnerships that achieve business objectives while valuing diversity and inclusion within the workplace.

Qualifications

• Solid understanding of financial risk management and capital regulatory requirements.
• Experience managing projects end-to-end with stakeholders.
• Quick learner with effective application of new knowledge.

Responsibilities

• Lead integration of climate and nature risk into loss forecasting frameworks.
• Present to senior management and regulators.
• Develop knowledge of climate risk within credit portfolios.

Skills

Risk management

Statistical modeling

Data processing

Critical thinking

Problem-solving

Communication

Education

Bachelor's degree in Economics

Bachelor's degree in Finance

Bachelor's degree in Math/Statistics

MBA/Master's degree in STEM or finance

Tools

Tableau

Python

SQL

Job description

Responsibilities:

• Lead the integration of climate and nature risk into the current loss forecasting frameworks.
• Align the global legal entity's climate and nature risk agenda with the firm's strategic roadmap.
• Act as the main point of contact for the climate and nature risk agenda, collaborating with cross-functional stakeholders to deliver solutions.
• Participate in the development of loss forecasting frameworks for JPMC's global legal entities.
• Support the production of ICAAP, Risk Appetite exercises, and ad-hoc loss assessment requests.
• Develop knowledge of implementing climate and nature risk within credit portfolios and various loss forecasting frameworks.
• Utilize critical thinking and problem-solving skills, leveraging LLM to transform and modernize daily work.
• Frequently present to senior management and regulators.

Required Qualifications, Capabilities, and Skills:

• Risk management or statistical modeling in major financial institutions.
• Solid understanding of financial risk management and capital regulatory requirements.
• Proficient in processing complex data sets; experience with Tableau, Python, or SQL.
• Creative and strategic mindset to develop solutions that align with long-term goals.
• Strong control sense and ability to anticipate future challenges.
• Experience managing projects end-to-end, coordinating with cross-functional stakeholders.
• Quick learner with the ability to effectively apply new knowledge in a short time.
• Excellent verbal and written communication skills.
• Bachelor's degree in Economics, Finance, Math/Statistics, or other STEM fields.

Preferred Qualifications, Capabilities, and Skills:

• Experience in credit or climate risk management is a plus.
• MBA/Master's degree in STEM or finance, FRM, or CFA is a plus.

About Us

Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals, and institutional investors. Our first-class business approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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 value diversity and inclusion. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, gender identity, age, marital or veteran status, pregnancy, disability, or other protected attributes. We also make reasonable accommodations for religious practices, mental health, or physical disabilities. For more information, see our FAQs about requesting accommodations.

About the Team

Morgan's Commercial & Investment Bank is a global leader in banking, markets, securities services, and payments. We serve corporations, governments, and institutions in over 100 countries, providing strategic advice, capital raising, risk management, and liquidity extension. Job ID 300067408363859