Wholesale Credit Risk, Loan Loss Forecasting – Vice President
Wholesale Credit Risk, Loan Loss Forecasting – Vice President

Wholesale Credit Risk, Loan Loss Forecasting – Vice President

Full-Time 72000 - 108000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead climate risk integration into loss forecasting and collaborate with stakeholders.
  • Company: Join JPMorgan Chase, a leading global financial institution focused on resilience and growth.
  • Benefits: Enjoy a dynamic work culture that values your growth and offers opportunities for impact.
  • Why this job: Make a real difference in risk management while developing expertise across diverse operations.
  • Qualifications: Bachelor’s degree in Economics, Finance, Math/Statistics, or related STEM fields required.
  • Other info: Experience in credit or climate risk management is a plus; MBA or relevant certifications preferred.

The predicted salary is between 72000 - 108000 £ per year.

Step into a pivotal role at JPMorgan Chase, where your expertise in risk management will be at the forefront of our global operations. As part of the Wholesale Credit Loss Forecasting team, you'll gain unparalleled exposure to our diverse operations and develop expertise across multiple risk areas. Be part of a dynamic team that values your growth and success, and contribute to keeping JPMorgan Chase strong and resilient. This is your opportunity to make a significant impact in a leading financial institution.

As a Vice President in the Wholesale Credit Loss Forecasting team, you are at the center of keeping JPMorgan Chase strong and resilient. You will help the firm grow its business responsibly by anticipating new and emerging risks and using your expert judgment 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.

Job Responsibilities:

  • Lead the integration of climate and nature risk into the current loss forecasting frameworks.
  • Align the global legal entity's climate and nature risk agenda with the firm's strategic roadmap.
  • Act as the main point of contact for the climate and nature risk agenda, collaborating with cross-functional stakeholders to deliver solutions.
  • Participate in the development of loss forecasting frameworks for JPMC’s global legal entities.
  • Support the production of ICAAP, Risk Appetite exercises, and ad-hoc loss assessment requests.
  • Develop knowledge of implementing climate and nature risk within credit portfolios and various loss forecasting frameworks.
  • Utilize critical thinking and problem-solving skills, leveraging LLM to transform and modernize daily work.
  • Frequently present to senior management and regulators.

Required Qualifications, Capabilities, and Skills:

  • Risk management or statistical modeling in major financial institutions.
  • Solid understanding of financial risk management and capital regulatory requirements.
  • Proficient in processing complex data sets; experience with Tableau, Python, or SQL.
  • Creative and strategic mindset to develop solutions that align with long-term goals.
  • Strong control sense and ability to anticipate future challenges.
  • Experience managing projects end-to-end, coordinating with cross-functional stakeholders.
  • Quick learner with the ability to effectively apply new knowledge in a short time.
  • Excellent verbal and written communication skills.
  • Bachelor’s degree in Economics, Finance, Math/Statistics, or other STEM fields.

Preferred Qualifications, Capabilities, and Skills:

  • Experience in credit or climate risk management is a plus.
  • MBA/Master’s degree in STEM or finance, FRM, or CFA is a plus.
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Contact Detail:

J.P. Morgan Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Wholesale Credit Risk, Loan Loss Forecasting – Vice President

Tip Number 1

Familiarise yourself with the latest trends in climate and nature risk management. Understanding how these factors integrate into financial forecasting will not only enhance your knowledge but also demonstrate your commitment to the role.

Tip Number 2

Network with professionals in the risk management field, especially those who have experience at JPMorgan Chase or similar institutions. Engaging in conversations can provide insights into the company culture and expectations for the Vice President role.

Tip Number 3

Prepare to discuss your experience with data processing tools like Tableau, Python, or SQL. Be ready to share specific examples of how you've used these tools to solve complex problems in previous roles.

Tip Number 4

Practice your presentation skills, as you'll need to frequently present to senior management and regulators. Being able to communicate complex ideas clearly and confidently will set you apart from other candidates.

We think you need these skills to ace Wholesale Credit Risk, Loan Loss Forecasting – Vice President

Risk Management
Statistical Modelling
Financial Risk Management
Capital Regulatory Requirements
Data Processing
Tableau
Python
SQL
Creative Problem-Solving
Project Management
Cross-Functional Collaboration
Communication Skills
Analytical Thinking
Climate and Nature Risk Knowledge
Loss Forecasting Frameworks

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in risk management and statistical modelling. Emphasise any specific projects or roles that align with the responsibilities outlined in the job description.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and how your skills can contribute to JPMorgan Chase's goals. Mention your understanding of climate and nature risk integration and how you can lead initiatives in this area.

Showcase Technical Skills: Clearly demonstrate your proficiency in tools like Tableau, Python, or SQL within your application. Provide examples of how you've used these skills in previous roles to process complex data sets or develop forecasting frameworks.

Highlight Communication Skills: Since the role involves presenting to senior management and regulators, emphasise your verbal and written communication skills. Include examples of past experiences where you effectively communicated complex information to diverse audiences.

How to prepare for a job interview at J.P. Morgan

Understand the Role and Responsibilities

Make sure you thoroughly understand the job description and responsibilities of the Vice President role in Wholesale Credit Risk. Familiarise yourself with key concepts like climate and nature risk integration, loss forecasting frameworks, and the importance of risk management in financial institutions.

Showcase Your Technical Skills

Be prepared to discuss your experience with data processing tools such as Tableau, Python, or SQL. Highlight specific projects where you've used these skills to solve complex problems, especially in risk management or statistical modelling.

Demonstrate Your Strategic Thinking

During the interview, illustrate your creative and strategic mindset by discussing how you've developed solutions that align with long-term goals in previous roles. Be ready to provide examples of how you've anticipated challenges and implemented effective strategies.

Prepare for Senior Management Presentations

Since the role involves presenting to senior management and regulators, practice articulating your ideas clearly and confidently. Prepare a few key points about your past experiences that demonstrate your ability to communicate complex information effectively.

Wholesale Credit Risk, Loan Loss Forecasting – Vice President
J.P. Morgan
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  • Wholesale Credit Risk, Loan Loss Forecasting – Vice President

    Full-Time
    72000 - 108000 £ / year (est.)
  • J

    J.P. Morgan

    10,000+
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