Job Information
JPMorgan Chase Risk Management - Home Lending Credit Forecasting - Associate in Plano, Texas
Bring your expertise to JPMorgan Chase. As a 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 an Associate in Risk Management and Compliance, you are at the heart of JPMorgan Chase's resilience and strength. You will play a crucial role in helping the firm grow responsibly 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 encourages innovative thinking, challenging the status quo, and striving for excellence. You will enhance the forecasting analytics by creating and automating benchmarks or high-level approaches to ensure the accuracy and soundness of default servicing forecasts. Additionally, you will assist with Automation, Controls, and Forecast Reporting, including providing effective challenges for different forecast cycles.
Job Responsibilities:
Provide information by assembling, interpreting, and summarizing data, preparing reports, making presentations of findings, along with analyses and recommendations to Senior Management
Develop/ Support qualitative model for simplified forecast estimation process, designing the workflows and assisting with technical requirements for implementation.
Investigate industry data to check loan performance through data analysis, data mapping and data migration.
Build/develop overlays as necessary to improve the accuracy of forecast by identifying issues, suggesting enhancements that address underlying model deficiencies.
Analyze forecast results to identify and recommend improvement opportunities based on business requirements.
Manage various monthly and quarterly reporting and commentary including slide and deck preparation with attention to accuracy and deadlines. Also, develop enhanced reporting through use of automation, if required, such as excel macros or SAS programming as needed.
Manage interactions and communication with Operations, Finance, P&A, Modeling, and MRGR to ensure consistency of the forecast.
Required qualifications, capabilities and skills:
A Bachelor's degree in a quantitative discipline (Finance, Mathematics, Statistics, Economics, Engineering) or equivalent work/training is required.
Experience in default mortgage banking experience, risk management, loss forecasting analytics.
Strong programming skills that include experience with Tableau, Python, R, Teradata, SAS/ SQL and related analytical experience.
Strong communication skills to present and collaborate with business partners, model end-users and interpersonal skills a must including the ability to explain and/or present analyses.
Strong analytical, interpretive, and problem-solving skills, which will require the ability to synthesize / analyze diverse information and develop strategy recommendations from observed outcomes.
Must have good judgment with the demonstrated ability to think creatively and strategically.
Ability to work independently & manage projects and deadlines.
Preferred qualifications, capabilities, and skills:
Advanced degree preferred.
Modeling experience preferred.
To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co., will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit including optional practical training (OPT) or curricular practical training (CPT).
Chase is a leading financial services firm, helping nearly half of America's households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
Equal Opportunity Employer/Disability/Veterans