Credit Risk Sr Associate

JPMorgan Chase & Co.; Bengaluru; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

J.P. Morgan is seeking a Senior Associate for Credit Risk in Bengaluru, India.

You will define and oversee credit risk mandates for lending product launches and ongoing management, designing and maintaining risk criteria while leveraging data analytics and market insights to ensure responsible lending and strong portfolio quality. You will collaborate with Risk, Product, Marketing, Finance, Operations, Legal, Compliance, Core Banking, and Technology teams to build robust risk capabilities and

Qualifications

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

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 the Modelling team to enhance models.
• Participate in Credit Forums and Risk Committees according to governance requirements.
• Ensure risk criteria implementation is assessed and delivered per change governance requirements.
• Collaborate with data platform teams to ensure data availability for risk evaluation and process management.
• Establish monitoring processes to identify emerging risks and assess portfolio performance.
• Assist audit, governance, and documentation related to credit risk frameworks.
• Contribute to ongoing enhancement of credit risk policies and controls.

Skills

Data analysis

Team collaboration

Education

Bachelor's degree or equivalent

Job description

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. Youll 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.
• Bachelors 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.

J.P. 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 in a first-class way 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 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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

Our Consumer & Community Banking 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 growth and have the most-used digital solutions - all while ranking first in customer satisfaction.

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.