Risk Management - Wholesale Credit Risk Vice President

Testing Site - JPMC; Jersey City (NJ); On-site; USD 200,000 - 260,000; Full time

Job summary

JPMorgan Chase is seeking a Risk Management - Wholesale Credit Risk VP to lead model development, design advanced forecasting models, and support CCAR, ICAAP, and CECL initiatives. The role requires strong statistical methods knowledge, Python programming, and experience with credit risk at both single-obligor and portfolio levels.

Responsibilities include building ML-enabled risk models, data processing, and ongoing performance evaluation, with collaboration across model, data, and

Qualifications

• Solid theoretical and practical knowledge of statistical methods and models (GLM, time-series, clustering, logistic regression).
• Hands-on Python programming experience and data cleaning/filtering of large datasets.
• Experience with credit risk modeling at single-obligor and portfolio levels.
• Experience writing documents for regulatory reviews.

Responsibilities

• Lead model development: evaluate forecasting models and risk engines for Wholesale Credit.
• Design, enhance, and maintain statistical and econometric models for forecasting and risk management.
• Develop Stress Capital modeling for CCAR/ICAAP/CECL programs.
• Utilize and implement AI/ML techniques for risk monitoring and large datasets.
• Collaborate with data and model implementation teams; monitor model performance regularly.

Skills

Statistical modeling

Python

Time-series

GLM

Machine Learning

Data cleaning

Credit risk

Regulatory documentation

Tools

R

Job description

Bring your expertise to JPMorgan Chase.As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase 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 a part of the Risk Management - Wholesale Credit Risk Vice President team, you are at the center of keeping JPMorgan Chase strong and resilient. The position requires the experience in modeling of either balance forecasting (commitment, utilization, prepayment)and/or spread/GII/NII.

Job responsibilities

• Leadmodel development:analyzeconceptualsoundnessof complex forecasting models,engines,andreservemethodologies;assessmodelbehaviorandsuitabilityof forecasting models/enginesfor Wholesale Credit
• Design & Develop Models: Create, enhance, and maintain sophisticated statistical and econometric models for forecasting and risk management
• Develop Stress Capital modeling: To support exercises such as Comprehensive Capital Analysis and Review (CCAR), Internal Capital Adequacy Assessment Process (ICAAP), and CECL.
• Utilize and implement Machine Learning: AI/ML techniques for risk monitoring, predictive modeling, and analyzing large, complex, structured/unstructured datasets.
• Work with model implementation team, data team and production
• Evaluate model performance on a regular basis

Required qualifications, capabilities, and skills

• Solid theoretical and practical knowledge of statistical methods and models: generalized linear models, time-series analysis, clustering, decision trees, logistic regression.
• Experience in handling large amount of panel data, and data cleaning/filtering.
• Hands on programming in Python.
• Basic knowledge on credit risk modeling both at single-obligor level and portfolio level.
• Previous experience in writing documents for regulatory reviews.

Preferred qualifications, capabilities, and skills

• Prior experience in wholesale credit is preferred.
• Prior experience inPPNR modeling is strongly preferred.
• R is good to have.