Stress Testing Lead - Vice President

JP Morgan Chase; New York (NY); Presencial; USD 120.000 - 180.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Comprehensive health care coverage

On-site health and wellness centers

Retirement savings plan

Tuition reimbursement

Mental health support

Financial coaching

Descripción de la vacante

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.

Formación

• 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.

Responsabilidades

• 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

Conocimientos

5+ years exp in financial services

CECL knowledge

CCAR knowledge

Excel & PowerPoint

Strong communication

Cross-functional collaboration

Educación

Bachelor's degree in Business/Finance/Accounting

Descripción del empleo

At JPMorgan Chase, risk professionals don't just manage risk - they anticipate it, challenge assumptions, and help the firm grow responsibly. As part of our Risk Management and Compliance organization, you will be at the center of keeping JPMorgan Chase strong and resilient, using your expert judgment to solve real-world challenges that impact our company, customers, and communities. This is a high-visibility opportunity to influence wholesale credit loan loss estimation while collaborating with senior executives and cross-functional partners across one of the world’s leading financial institutions. Our culture is all about thinking outside the box, challenging the status quo, and striving to be best-in-class - and we're looking for someone who shares that mindset.

Job 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 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 these into actionable loss estimates
• Develop and continuously 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
• Facilitate the Quarterly Capital Stress Testing scenario design process and support annual stress testing risk theme selection and scenario design for the wholesale credit portfolio
• Prepare and present materials to senior management and firmwide stakeholders, tailoring messaging and level of detail to diverse audiences
• Collaborate across lines of business and with partners in Corporate Finance, External Reporting, Quantitative Research, Model Risk and Technology to drive consensus and execute on shared objectives

Required qualifications, capabilities, and skills

• Bachelor's degree in Business, Finance, Accounting, or a related field
• 5+ years of experience within the financial services industry, preferably within the banking sector
• Familiarity with Commercial and Industrial and Commercial Real Estate loans and lending-related commitments
• 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 on agreed plans while managing multiple concurrent workstreams in a fast-paced environment
• Strong oral and written communication skills, including the ability to distill complex topics into clear, concise messaging for senior management
• Proficiency in Microsoft Excel, PowerPoint, and other Office applications

Preferred qualifications, capabilities, and skills

• Advanced degree (e.g., MBA, Master's in Finance, Economics, or a quantitative discipline) or professional certification such as Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM)
• Hands-on experience with quantitative credit risk modeling or model validation within a wholesale lending environment
• Experience working within a large, matrixed financial institution across Risk, Finance or related functions
• Proficiency in data analysis and visualization tools such as Tableau or Alteryx
• Familiarity with regulatory reporting frameworks and external financial disclosures related to credit loss estimation

ABOUT US

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. Additional details about total compensation and benefits will be provided during the hiring process.

• base salary determined based on the role, experience, skill set and location
• 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
• a range of benefits and programs to meet employee needs, based on eligibility
• comprehensive health care coverage
• on-site health and wellness centers
• a retirement savings plan
• backup childcare
• tuition reimbursement
• mental health support
• financial coaching
• 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

ABOUT THE TEAM

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.