Credit Risk Modelling Analyst / Associate (all genders)

Job Description
If you have a quantitative profile, are strong in communication, willing to learn and ready to make an impact, we are looking for you. We encourage junior applications with a strong academic track record. This is an opportunity to work in a highly international environment with main collaboration partners in New York, London, and Mumbai.
As a Credit Risk Modelling Analyst / Associate within the Risk Management team, you will be involved in quantitative modelling topics, macro- and micro-economic concepts, risk driver analysis, global/local risk scenarios and the diversity of business present in JP Morgan SE. You will be a part of the team, which is the legal entity owner of the IFRS credit model and works on model and stress topics for wholesale credit.
Job responsibilities

• Perform IFRS modelling topics and allowance calculation
• Interact with firmwide modelling teams, local risk management and finance function and the regulator
• Improve existing risk models
• Leverage the firm's infrastructure to perform quantitative analysis on the JP Morgan SE portfolio
• Analyze the implications of firmwide solutions as well as the appropriateness for the local portfolio
• Work on the approach / methodology for Stress test exercises
• Cooperate closely with quantitative research teams around the globe
• Interact with regulators on all aspects counterparty credit risk modelling

Required qualifications, capabilities, and skills

• Master's in Statistics, Data Analytics, Economics, Math, Computer Science or equivalent discipline
• Experience in Python and/or R
• An understanding of SQL, data manipulation and extraction
• Strong interpersonal skills in communication as well as collaboration
• Deep understanding of statistical methods and modelling approaches
• Strong quantitative, analytical and problem solving skills
• Eagerness to learn about Credit Risk, Risk Parameters, Regulatory and Accounting concepts

Preferred qualifications, capabilities, and skills

• First working experiences in modelling / credit risk
• Data Visualization tools like Tableau, Qlik View, Power BI etc.
• Knowledge on IFRS 9 credit risk topics
• Experience with banking regulation

About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.
About the Team
As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase 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. We also take great pride in on our commitment to operating with integrity and discipline in all that we do. If you are a team player, are solutions-oriented and have an appetite for learning, you'll be a great fit for our team.