Wholesale Credit Risk Loan Loss Forecasting Risk Associate

Responsibilities

• Review and challenge stress forecasts for hedge P&L and loss-mitigation benefit under internal and regulatory scenarios.
• Support end-to-end stress testing production cycles for Quality Stress Testing (QST) and Comprehensive Capital Analysis and Review (CCAR).
• Develop management presentations summarizing stress results, key drivers, and narratives for business and risk stakeholders.
• Partner with Quantitative Research to refine modeling treatments and assumptions regarding credit loss forecast parameters.
• Lead UAT and implementation support for model enhancements, system migrations, and new functionality releases.
• Conduct ad hoc, transaction-level risk and stress estimates and perform ongoing portfolio monitoring.
• Drive process efficiency through automation initiatives, including the responsible use of LLMs and AI.
• Build and sustain strong stakeholder relationships across Business, Risk, Finance, Quantitative Research, and Technology teams.

Requirements

• Bachelor’s degree in Business, Finance, Mathematics, or a related field.
• Minimum 3 years of experience in credit risk, stress testing, risk analytics, model development, or similar roles.
• Demonstrated ability to build effective working relationships across First Line and Second Line stakeholders.
• Strong quantitative and analytical skills with the ability to manipulate and analyze large datasets.
• Strong written and verbal communication skills, with experience preparing materials for senior management.
• Ability to work independently and perform under pressure to deliver under tight deadlines.

Preferred Qualifications

• Strong technical skills in Excel and Tableau.
• Experience applying LLMs/AI to improve workflow efficiency.
• Proficiency in Python and automation.
• Strong knowledge of loan and derivative products, including credit hedging instruments like CDS, indices, and options.

About the Company

JPMorgan Chase is a leading global financial services firm with over 200 years of history. We offer innovative financial solutions to millions of consumers, small businesses, and prominent corporate, institutional, and government clients under the J.P. Morgan and Chase brands.