Risk Management - Stress Testing - Executive Director

Next Frontier Capital; Jersey City (NJ); On-site; USD 180,000 - 240,000; Full time

Benefits offered by this job

Commission-based pay/Discretionary pay

Comprehensive health care coverage

On-site health and wellness centers

Retirement savings plan

Backup childcare

Tuition reimbursement

Mental health support

Financial coaching

Job summary

JPMorganChase in Risk Management and Compliance seeks an Executive Director to lead the Loan Loss Forecasting team in Plano, shaping wholesale credit loss estimates for CECL and CCAR processes. You will provide portfolio-level analytics and guidance across risk, finance, and quantitative research.

You will oversee modeling parameter development, stress testing, and scenario analysis, partnering with senior leaders to inform risk strategy and regulatory reporting.

Qualifications

• Bachelor’s or Master’s degree in Business, Finance, Accounting, or related quantitative field.
• 8+ years in financial services or banking.
• Strong familiarity with credit products.
• Knowledge of CECL and CCAR.
• Strong collaboration and communication skills.
• Proficiency in Excel, PowerPoint, and Office apps.
• Experience with data analysis using Tableau, Python, or Alteryx.

Responsibilities

• Oversee C&I exposure at a portfolio level and monitor trends.
• Review loan-level and top-level allowance and stress testing results.
• Assess risks and support qualitative loss reserves estimation.
• Calculate and translate modeling parameters into loss estimates.
• Develop expertise in allowance and stress testing processes.

Skills

Credit products knowledge

CECL

CCAR

Communication skills

Excel

PowerPoint

Data analysis

Python

Tableau

Alteryx

Education

Bachelor’s or Master’s degree in Business, Finance, Accounting, or related quantitative field

Tools

Tableau

Python

Alteryx

Job description

Bring your Expertise to JPMorganChase. As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As an Executive Director in the Loan Loss Forecasting team, you will lead the Commercial and Industrial (C&I) Portfolio team based in Plano and shape the integrity and quality of the firm’s wholesale credit loan loss estimates. You provide portfolio-level monitoring and guidance across a diverse C&I exposure base, supporting stress testing, allowance estimation, and methodology development. You collaborate with senior executives and partners across Risk, Finance, Treasury, Controllers, and Quantitative Research to deliver high-quality analytics and insights. You help us inform firmwide risk and finance programs, including CECL (Current Expected Credit Loss), IFRS 9 (International Financial Reporting Standard 9), quarterly stress testing, and CCAR (Comprehensive Capital Analysis and Review).

Job responsibilities:

• Oversee C&I exposure at a portfolio level across held-for-investment (HFI) and fair value option (FVO), monitoring trends and estimating impacts to allowance and limits for large deals
• Review top-level and loan-level allowance and stress testing results for reasonability, accuracy, and alignment with portfolio trends
• Assess risks and support estimation of qualitative loan loss reserves, incorporating management judgment, industry data, and emerging or idiosyncratic risk factors
• Calculate, analyze, and communicate key modeling parameters, including probability of default, loss given default, exposure at default, and rating migration, and translate them into actionable loss estimates
• Develop and deepen expertise in allowance and stress testing estimation processes, informing methodology across CECL and CCAR forecasting exercises
• Lead portfolio trend and sensitivity analyses across macroeconomic scenarios, portfolio stress tests, and assumption changes to support strategic decision-making
• Support monitoring of monthly stress testing output across scenarios and coordinate limit usage reviews with Credit Officers
• Provide stress estimates for large and complex deals and run ad-hoc scenarios for senior management based on market conditions

Required qualifications, capabilities, and skills:

• Bachelor's or Master's degree in Business, Finance, Accounting, or a related quantitative field
• 8 years plus of experience in the financial services industry, and/or in the banking sector
• Strong familiarity with credit products
• Knowledge of CECL credit loss accounting standards
• Knowledge of the CCAR regulatory framework and stress testing requirements
• Demonstrated ability to collaborate across diverse groups, build consensus, and execute plans while managing multiple concurrent workstreams
• Strong oral and written communication skills, including distilling complex topics into clear messaging for senior management
• Proficiency in Microsoft Excel, PowerPoint, and other Office applications
• Experience with data analysis and manipulation using analytical tools such as Tableau, Python, or Alteryx, including use of large language models

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

• commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions
• comprehensive health care coverage
• on-site health and wellness centers
• a retirement savings plan
• backup childcaretuition reimbursement
• mental health support
• financial coaching and more

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Promote risk strategy by anticipating threats, challenging assumptions, and guiding responsible growth for the firm.