Credit Risk Sr. Associate

JPMorgan Chase & Co.; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

JPMorgan Chase & Co. in Bengaluru is seeking a Senior Associate to define, refine and oversee credit risk criteria for new lending products.

You will design, implement and maintain risk rules tailored to offerings, leveraging data analytics and market insights to support responsible lending and portfolio quality. The role involves collaborating with Risk, Product, Marketing, Finance, Operations, Legal, Compliance, Core Banking, and Technology teams to build robust risk capabilities and

Qualifications

• Data extraction, manipulation and analysis using SQL, Python, R, SAS, Java or C#.
• Ability to collaborate effectively in a team.

Responsibilities

• Perform in-depth analysis, including default rate analysis, to develop optimal credit risk criteria and documentation.
• Drive deep-dive analytics on risk criteria effectiveness and partner with Modelling team to enhance models.
• Participate in Credit Forums and Risk Committees per governance requirements.
• Ensure risk criteria implementation aligns with change governance requirements.
• Collaborate with delivery partners and establish monitoring for new controls.
• Partner with data platform teams to ensure availability of key data for risk evaluation.
• Establish monitoring to identify emerging risks and portfolio performance.
• Support audit and governance requirements related to credit risk frameworks.
• Contribute to enhancement of credit risk policies and decisioning.

Skills

SQL

Python

R

SAS

Java

C#

Teamwork

Education

Bachelor's degree or equivalent

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. Join our Credit Risk team and help launch and grow innovative lending products for Chase. You'll use data, analytics, and market insights to develop risk criteria that support responsible lending, while delivering an excellent customer experience. This is an opportunity to influence the future of digital banking and contribute to products that reach millions of customers.
As a Senior Associate in our Credit Risk team, you will define, refine, and oversee the execution of credit risk management mandates and risk criteria for the launch and ongoing management of Chase lending products.
You will play a key role in launching and managing lending products by designing, implementing, and maintaining credit risk rules tailored to these offerings. You will leverage data analytics and market insights to develop and optimize risk criteria, helping ensure responsible lending and strong portfolio quality. Working closely with teams across Risk, Product, Marketing, Finance, Operations, Legal, Compliance, Core Banking, and Technology, you will help create robust risk capabilities and monitoring processes that support portfolio performance, regulatory compliance, and sustainable business growth.

Job Responsibilities

• Perform in-depth analysis, including default rate analysis, to develop optimal credit risk criteria, including rules, cut-offs, policies, data mapping, and documentation.
• Drive deep-dive analytics on risk criteria effectiveness and partner with the Modelling team to enhance models that support core risk management decisions.
• Participate in Credit Forums and Risk Committees in accordance with governance and risk management requirements.
• Ensure risk criteria implementation is assessed and delivered according to relevant change governance requirements.
• Collate, document, and communicate requirements to delivery partners and establish monitoring processes to ensure new controls operate as intended.
• Partner with data platform teams to ensure availability of key data required for risk criteria evaluation, optimization, and process management.
• Establish and maintain monitoring processes to identify emerging risks and assess portfolio performance.
• Support audit, governance, and documentation requirements related to credit risk frameworks.
• Contribute to the ongoing enhancement of credit risk policies, controls, and decisioning.

Required Qualifications, Capabilities, and Skills

• Experience extracting, manipulating, and analyzing data using programming languages such as SQL, Python, R, SAS, Java, or C#.
• Ability to work effectively in a collaborative team environment.

Preferred Qualifications, Capabilities, and Skills

• Experience supporting the launch of new lending products.
• Knowledge of consumer lending products and credit risk frameworks.
• Experience working within a digital banking environment.
• Familiarity with credit risk model development and monitoring processes.
• Advanced proficiency in Microsoft Excel, Word, and PowerPoint.
• Bachelor's degree or equivalent qualification.
• Strong analytical and problem-solving skills.
• Strong written and verbal communication skills, with the ability to present analytical findings and business recommendations.
• Experience working in agile or fast-paced environments.
• Ability to manage change while delivering business value.
• Experience with process improvement or process re-engineering initiatives.

Preferred Experience

• Knowledge of UK consumer lending products and credit risk framework
• Experience in Credit Risk within consumer lending products, such as personal loans, credit cards, or similar products.
• Experience developing or managing credit risk policies and criteria.