Modelling Analytics -Sr Associate

Testing Site - JPMC; Bengaluru; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Testing Site - JPMC in Bengaluru invites an Associate to join Wealth Management Credit Forecasting. You will execute credit forecasting models for the Wealth Management portfolio, support regulatory exercises, and drive analyses to evaluate portfolio performance.

The role requires 3+ years in credit risk management or statistical modeling, strong analytical and communication skills, and proficiency in Excel, VBA, PowerPoint, and programming languages such as Python, SAS, or SQL.

Qualifications

• Bachelor’s degree in a quantitative discipline or equivalent.
• 3+ years of Credit Risk Management, Statistical Modeling, Financial Analysis or Consulting experience.
• Strong analytical and problem-solving skills; able to interpret large data sets and its financial impact.
• Strong communication and interpersonal skills; ability to interact with stakeholders across departments.
• Proficiency in Microsoft Office (Advanced Excel, VBA, PowerPoint).
• Programming languages like Python, SAS, SQL.

Responsibilities

• Execute credit forecasting models for forecasted losses and allowances for the Wealth Management portfolio.
• Conduct macro sensitivity analytics, attribution analyses, and deep dives; present findings to senior management.
• Prepare polished presentations with a clear forecast storyline and data support.
• Diagnose model parameters and liaise with modelling team to enhance accuracy at granular segments.
• Collaborate with Risk Management, Finance, Product and Collections to incorporate learnings into forecasts.
• Prepare and maintain audit documentation around loss forecasting and reserves.
• Partner with Finance and Risk to ensure strategy alignment and execution.

Skills

Analytical skills

Communication skills

Advanced Excel

VBA

PowerPoint

Python

SQL

SAS

Cross-functional collaboration

Education

Bachelor's degree in a quantitative discipline (Finance/Stats/Econ/Math/Engineering) or equivalent work/training

Tools

SQL

Python

SAS

Job description

As a Wealth Management Credit Forecasting (Associate) within the Consumer and Community Banking (CCB) Credit Forecasting team you will be responsible for executing credit forecasting models, diagnosing model accuracy, and leading analyses to assess the performance of our product portfolio. This is an exciting opportunity to contribute to our team's success and develop your skills in a fast-paced environment. You will be responsible for execution of the processes through analytical insights, predictive analysis and newer technology applications.

Job Responsibilities

In this role, you will:

• Execute credit forecasting models to forecast credit losses and allowance for the JPM Wealth Management portfolio, supporting regulatory exercises like CCAR, CECL, firmwide Risk Appetite and Budget

• Conduct macro sensitivity analytics, loss and allowance attribution, deep dives and story-boarding

• Create presentations for senior management and present the forecast with a clear storyline and data support.

• 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, Product and Collections to inform the forecast on current learnings and incorporate strategic initiatives

• Prepare and maintain documentation for audit controls surrounding loss forecasting and reserves

• Partner with Finance and Risk to ensure strategy alignment and seamless execution

Required qualifications, capabilities, and skills

• Bachelor's degree in a quantitative discipline (Finance/Stats/Econ/Math/Engineering) or equivalent work/training
• 3+ years of Credit Risk Management, Statistical Modeling, Financial Analysis and/or Consulting experience
• Strong analytical, interpretive, and problem-solving skills with the ability to interpret large amounts of data and its impact in both operational and financial areas
• Strong communication and interpersonal skills, ability to interact with individuals across departments/functions
• Proficiency in Microsoft Office suite of products (Advanced Excel, VBA and PowerPoint)
• Programming languages like Python/SAS/SQL

Preferred qualifications, capabilities, and skills

• Knowledge of regulatory modeling (CECL / CCAR)
• Credit risk experience in one or more US consumer credit portfolios, preferably JPMWM products (i.e., Wealth Management, Private Banking)