Wholesale Credit Risk Senior Associate: Modeling & Forecasting

Testing Site - JPMC; Jersey City (NJ); On-site; USD 120,000 - 180,000; Full time

Job summary

JPMorgan Chase is seeking a Risk Management - Wholesale Credit Risk Senior Associate to join Risk Management and Compliance in Jersey City. You will contribute to modeling balance forecasting and/or spread, GII, and NII, applying rigorous statistical methods to real-world credit risk challenges.

Required qualifications include a PhD or MS in a quantitative field and hands-on Python programming (R is a plus). Prior wholesale credit experience and regulatory-document writing are preferred.

Qualifications

• PhD or MS in a quantitative field (finance, statistics, econometrics, mathematics, physics, engineering).
• Previous experience in writing documents for regulatory reviews.

Responsibilities

• Possess a solid theoretical and practical knowledge of statistical methods and models: generalized linear models, time-series analysis, clustering, decision trees, logistic regression.
• Handling large amount of panel data, and data cleaning/filtering.
• Perform basic credit risk modeling both at single-obligor level and portfolio level.

Skills

Generalized linear models

Time-series analysis

Clustering

Decision trees

Logistic regression

Data cleaning/filtering

Credit risk modeling

Education

PhD or MS in quantitative field

Tools

Python

R

Job description

JPMorgan Chase is seeking a Risk Management - Wholesale Credit Risk Senior Associate to join Risk Management and Compliance in Jersey City. You will contribute to modeling balance forecasting and/or spread, GII, and NII, applying rigorous statistical methods to real-world credit risk challenges.

Required qualifications include a PhD or MS in a quantitative field and hands-on Python programming (R is a plus). Prior wholesale credit experience and regulatory-document writing are preferred.