JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase& Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at http://www.jpmorganchase.com/.

Chase Consumer & Community Banking (CCB) serves consumers and small businesses with a broad range of financial services, including personal banking, small business banking and lending, mortgages, credit cards, payments, auto finance and investment advice. Consumer & Community Banking Risk Management partners with each CCB sub-line of business to identify, assess, prioritize and remediate risk. Types of risk that occur in consumer businesses include fraud, reputation, operational, credit, market and regulatory, among others.

Our Firm-wide Risk Function is focused on cultivating a stronger, unified culture that embraces a sense of personal accountability for developing the highest corporate standards in governance and controls across the firm. Business priorities are built around the need to strengthen and guard the firm from the many risks we face, financial rigor, risk discipline, fostering a transparent culture and doing the right thing in every situation. We are equally focused on nurturing talent, respecting the diverse experiences that our team of Risk professionals bring and embracing an inclusive environment.

The Chase Consumer & Community Banking (CCB) Risk Appetite Team executes the quantitative Risk Appetite which is evaluated in the context of the Firm’s business strategy. Risk Appetite is designed to assess business performance under moderately stressed conditions in which business and performance insights are presented to senior leadership. Partnership across internal teams such as Finance, Strategy and Loss Forecasting is critical to the process and execution of Risk Appetite.

 

As an Associate in the Risk Appetite team, you will be responsible for driving the Risk Appetite strategy and quarterly analysis and communication of business results. The individual will have exceptional communication skills, capable of influencing others and articulating complex analyses in simple, business terms. Risk Appetite results and analysis are delivered to the Chief Risk Officer (and other senior leaders including the business CFO and CEO) driving to create risk insights into the portfolio. The individual will work to provide oversight and drive production of the credit loss forecast and loan loss reserve(LLR) for all Chase Consumer & Community Banking (CCB) products. The person will exemplify a continuous improvement mentality to enhance the efficiency of the process and quality of insights.

In this highly visible role, you'll:

Deliver insightful quarterly analysis of business results to senior leaders across CCB, ensuring risks are quickly identified and escalated  Participate in cross-functional communications with Risk Management, Finance, Marketing and Collections to inform the forecast on current learnings and incorporate strategic initiatives Foster an environment of continuous improvement and enhance the existing platform via automation or new technology to deliver faster, deeper analytical insights Drive thought leadership in a sub-lines of business regarding risk appetite framework, business strategies, and emerging risks Foster collaborative relationships with Finance and Risk to ensure strategy alignment and seamless execution

Qualifications:

A Bachelor's degree in a quantitative discipline (Finance/Stats/Econ/Math/Engineering) or equivalent work/training is required. Advanced degree preferred 6+ years of Credit Risk Management, Statistical Modeling, Marketing Analytics and/or Consulting experience Strong knowledge of Python, SAS, SQL and MS Office required Strong P&L knowledge and understanding of drivers of profitability Strong analytical, interpretive, and problem solving skills with the ability to interpret large amounts of data and its impact in both operational and financial areas Excellent oral and written communication and presentation skills