Strategic Stress Testing Lead VP, Wholesale Risk

JP Morgan Chase; New York (NY); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Comprehensive health care coverage

On-site health and wellness centers

Retirement savings plan

Tuition reimbursement

Mental health support

Financial coaching

Job summary

JPMorgan Chase in New York seeks an experienced risk professional to influence wholesale credit loan loss estimation. You will review stress testing results, quantify losses, and collaborate with executives and cross-functional teams to strengthen risk management and forecasting capabilities.

The role emphasizes CECL and CCAR methodologies, with opportunities to impact senior-level decisions and drive cross-divisional initiatives.

Qualifications

• Bachelor's degree in Business, Finance, Accounting, or a related field.
• 5+ years in the financial services industry, preferably within banking.
• Familiarity with Commercial & Industrial and CRE loans and lending-related commitments.
• Knowledge of CECL credit loss accounting standards.
• Knowledge of CCAR regulatory framework and stress testing requirements.
• Demonstrated ability to collaborate across diverse groups, build consensus and execute plans while managing multiple workstreams.
• Strong oral and written communication skills, distilling complex topics for senior management.
• Proficiency in Microsoft Excel, PowerPoint, and other Office applications.

Responsibilities

• 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 risk factors
• Calculate, analyze, and communicate key modeling parameters — including Probability of Default, Loss Given Default, Exposure at Default, and Rating Migration
• 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
• Facilitate the Quarterly Capital Stress Testing scenario design process and support annual stress testing risk theme selection and scenario design
• Prepare and present materials to senior management and firmwide stakeholders
• Collaborate across lines of business and with partners in Corporate Finance, External Reporting, Quantitative Research, Model Risk and Technology to drive consensus

Skills

5+ years exp in financial services

CECL knowledge

CCAR knowledge

Excel & PowerPoint

Strong communication

Cross-functional collaboration

Education

Bachelor's degree in Business/Finance/Accounting

Job description

JPMorgan Chase in New York seeks an experienced risk professional to influence wholesale credit loan loss estimation. You will review stress testing results, quantify losses, and collaborate with executives and cross-functional teams to strengthen risk management and forecasting capabilities.

The role emphasizes CECL and CCAR methodologies, with opportunities to impact senior-level decisions and drive cross-divisional initiatives.