JP Morgan Chase & Co.

Risk Management - Wealth Management Credit Forecasting - Vice President

JP Morgan Chase & Co.$130K — $180K *
Plano, TX 75024In-Person
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 7 years of experience in Risk Management, Finance, or Consulting.
  • Strong presentation skills to convey complex concepts clearly to stakeholders.
  • Proven ability to manage multiple high-priority tasks effectively under tight deadlines.

Responsibilities

  • Manage a team of 2 associates based in India.
  • Own credit forecasts for key organizational processes like budget and stress testing.
  • Create and present detailed analytical presentations for senior management.
  • Facilitate cross-functional communications across Risk, Finance, and other departments.
  • Ensure proper documentation and controls for the credit forecasting processes.
  • Lead initiatives for innovation through automation and process improvement.

Benefits

  • Opportunity to develop skills in a fast-paced environment.
  • Exposure to senior management and cross-functional teams.
  • Chance to lead and mentor a small team.
Full Job Description
JOB DESCRIPTION

The Credit Forecasting Team is at the heart of the firm’s financial strategy, driving pivotal processes around credit, capital, and climate risk.  We estimate future credit losses for the consumers and small businesses across our Auto, Business Banking, Credit Card, Home Lending, Wealth Management and International Consumer Bank (ICB) portfolios. We provide critical insights and analysis on our credit losses across a range of macroeconomic scenarios and monitor key emerging risks while partnering closely internal teams such as Finance and Strategy.

As a Wealth Management Credit Forecasting Vice President, within Consumer & Community Banking (CCB) Risk,  you will be responsible for managing a team of two Associates, owning the quarterly allowance process, leading analyses to assess the performance of our product portfolio and collaborating with a number of stakeholders in risk, finance, legal and the business. This is an exciting opportunity to contribute to our team's success and develop your skills in a fast-paced environment. 

Job Responsibilities  

  • Manage a team of 2 resources (India-based)
  • Own credit forecasts and analysis for internal and external exercises, such as budget, CECL, Firmwide Risk Appetite and CCAR (stress testing)
  • Create presentations for senior management and present the analysis with a clear storyline and data support
  • Lead cross-functional communications with Risk Management, Finance, Product, Legal and Collections on portfolio performance and strategic initiatives 
  • Ensure appropriate documentation and controls are in place
  • Drive innovation agenda through automation and process enhancement

 

Required qualifications, capabilities, and skills 

  • Minimum 7 years of Risk Management, Finance and/or Consulting experience 
  • 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

 

Preferred qualifications, capabilities, and skills 

  • Experience in Wealth Management or Private Banking

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

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JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

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Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

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Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

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