International Consumer Banking Risk - Credit Forecasting - Senior Associate

Greater London
Full time
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JP Morgan
Banking, investment & finance
10,001+ employees
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The ICB (International Consumer Banking) business within JPMorgan Chase has grown significantly since its launch in 2021, and we expect the business to expand further over the next few years. Join the expansion of Chase digital bank across the UK and Europe and help us continue to build our award-winning bank.

The ICB Credit Forecasting team maintains ownerships of production, reporting, analytics for business planning, ICAAP and Risk Appetite. In addition, this team is responsible for providing insights to key business partners on macroeconomic developments, risk appetite and capital adequacy.

As a Senior Associate in Credit Forecasting, you will be responsible for forecasting credit losses and allowance (IFRS9 and CECL) for internal and external reporting. You will support new business initiatives and regulatory submissions across risk stripes and geographies. You will have substantial interaction and collaborate closely with all key stakeholders within first line of defence, Finance, Risk, as well as colleagues within the Forecasting teams.

Job Responsibilities:

  • Prepare loss and allowance forecasts for business planning and regulatory submissions
  • Develop credit forecasting analytics to support new product development, including new Qualitative Models (QMs) for loss forecasting
  • Regularly prepare presentations for senior management and other key stakeholders
  • Act as subject matter expert on loss forecasting and serve as primary point of contact for stakeholders

Required qualifications, capabilities, and skills

  • Relevant experience
  • Coding expertise in Python
  • Strong analytical and problem solving skills
  • Ability to present complex and technical concepts in a clear, simple and concise manner to manage frequent interactions outside immediate team and senior management
  • Ability to manage multiple priorities to high standards and to deliver high quality results within tight deadlines
  • Proven ability to work in a fast-paced and dynamic growth environment