As a Wealth Management Credit Forecasting (Associate) within the Consumer and Community Banking (CCB) Credit Forecasting team you will be responsible for executing credit forecasting models, diagnosing model accuracy, and leading analyses to assess the performance of our product portfolio. This is an exciting opportunity to contribute to our team's success and develop your skills in a fast-paced environment. You will be responsible for execution of the processes through analytical insights, predictive analysis and newer technology applications.

Job Responsibilities

In this role, you will:

Execute credit forecasting models to forecast credit losses and allowance for the JPM Wealth Management portfolio, supporting regulatory exercises like CCAR, CECL, firmwide Risk Appetite and Budget
Conduct macro sensitivity analytics, loss and allowance attribution, deep dives and story-boarding
Create presentations for senior management and present the forecast with a clear storyline and data support.
Diagnose the Model parameters and liaison with modelling team to propose changes to model for accuracy at granular segments
Participate in cross-functional communications with Risk Management, Finance, Product and Collections to inform the forecast on current learnings and incorporate strategic initiatives
Prepare and maintain documentation for audit controls surrounding loss forecasting and reserves
Partner with Finance and Risk to ensure strategy alignment and seamless execution

Required qualifications, capabilities, and skills

Bachelor's degree in a quantitative discipline (Finance/Stats/Econ/Math/Engineering) or equivalent work/training
3+ years of Credit Risk Management, Statistical Modeling, Financial Analysis and/or Consulting experience
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
Strong communication and interpersonal skills, ability to interact with individuals across departments/functions
Proficiency in Microsoft Office suite of products (Advanced Excel, VBA and PowerPoint)
Programming languages like Python/SAS/SQL

Preferred qualifications, capabilities, and skills

Knowledge of regulatory modeling (CECL / CCAR)
Credit risk experience in one or more US consumer credit portfolios, preferably JPMWM products (i.e., Wealth Management, Private Banking)

Modelling Analytics -Sr Associate