Plano, TX, United States
10 hours ago
Risk Management - Business Banking Forecasting - Vice President

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 Vice President in the Loss Forecast and Portfolio Analytics team, you will have the opportunity to provide oversight and promote production of the credit loss forecast and loan loss reserve (LLR) for all Business Banking portfolio. You will be responsible for coordinating with multiple groups and promoting the forecasting and reporting Business Banking (BB) credit losses for processes including budgeting, allowances (CECL), risk appetite and stress testing (including CCAR). This is a highly visible role where you will interact with partners in risk strategy, finance, accounting, model validation, controls and technology, and communicate results to senior management in BB Lending and CCB.

Job Responsibilities:

Oversee forecasting and analytics for the BB portfolio to support allowances, budgeting, and regulatory stress testing (CCAR/Risk Appetite) processes. Compile, interpret, and summarize data to provide information, prepare reports, and present findings, analyses, and recommendations to Senior Management. Explain the model behavior and results, offering insights to support the outcomes from a business perspective. Understand the credit forecast process, including the needs and rationale behind business decisions. Coordinate interactions and partner with Controllers, Finance, P&A, Modeling, and MRGR to ensure consistency in the loss forecast. Mentor and coach junior analysts to enhance their risk management skills and financial knowledge. Implement and adhere to best practices, controls, and standards for all production processes. Provide thought leadership on complex problems, guiding and influencing others to achieve results.

Required qualifications, capabilities, and skills 

Master's degree in a quantitative discipline (e.g., Finance, Mathematics, Statistics, Economics). Minimum 5+ years of related experience in Risk and/or Finance  Strong communication and interpersonal skills, essential for presenting to and collaborating with business partners and model end-users, including the ability to explain and present analyses. Strong analytical, interpretive, and problem-solving skills, with the ability to synthesize and analyze diverse information. Experience managing complex processes that leverage data and models. Self-motivated and proactive, with the ability to work accurately under pressure to meet deadlines. Proven ability to communicate effectively within a team environment and interact across departments. Ability to clearly summarize and explain large and complex information to a wide range of audiences, including senior leaders, audit, controllers, finance, model developers, regulators, and controls.

Preferred qualifications, capabilities, and skills 

Proficiency in analytical languages (e.g., SAS, Python, R) is a plus.
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