Wholesale Credit Risk Associate - Stress Testing

Job Description

As a Wholesale Credit Risk Loan Loss Forecasting Associate in the Commercial & Investment Bank Risk organization, you will play a critical role in shaping the integrity and quality of the firm's wholesale credit loan loss estimates, spanning over $1 trillion in client exposure across diverse lines of business and industry segments. You will collaborate with senior executives and partners across Risk, Finance, and the broader firm to deliver high-quality analytics and methodology insights, and to modernize how those insights are produced, applying advanced analytics and bringing a resourceful, tool-agnostic mindset to a process that directly informs quarterly allowance and stress testing exercises. You will be part of a diverse, talented, and global team where your ideas are welcomed, your voice matters, and your work has direct, measurable impact on firmwide risk and finance programs.

Job Responsibilities

• Review top-level and loan-level allowance and stress testing results for reasonability, accuracy, and alignment with portfolio trends
• Assess risks and support estimation of qualitative loan loss reserves, incorporating management judgment, industry data, and emerging or idiosyncratic risk factors
• Calculate, analyze, and communicate key modeling parameters, including Probability of Default, Loss Given Default, Exposure at Default, and Rating Migration, and translate these into actionable loss estimates
• Develop and continuously deepen expertise in CECL allowance estimation methodology, with working knowledge of CCAR stress testing to ensure consistency of assumptions and results across both exercises
• Perform portfolio trend and sensitivity analyses across macroeconomic scenarios, portfolio stress tests, and assumption changes, building reusable, query-driven analytics to support strategic decision-making
• Prepare and present materials to senior management and firmwide stakeholders, tailoring messaging and level of detail to diverse audiences
• Collaborate across lines of business and with partners in Corporate Finance, External Reporting, Quantitative Research, Model Risk, and Technology to drive consensus and execute on shared objectives

 

Required qualifications, capabilities, and skills

• Bachelor's degree in Business, Finance, Accounting, Economics, Statistics, Engineering, or a related quantitative discipline
• 3+ years of experience in credit risk, loan loss forecasting, financial analysis, or a quantitative function within financial services
• Familiarity with Commercial and Industrial and Commercial Real Estate loans and lending-related commitments
• Working knowledge of CECL credit loss accounting standards, with familiarity with the CCAR regulatory framework and stress testing requirements
• Proficiency in SQL and Python for data extraction, transformation, and analysis of large datasets across Risk, Finance, or related functions
• Experience with modern data and analytics platforms such as Alteryx, Databricks, ThoughtSpot, or VSCode
• Hands-on experience with Tableau Desktop
• Proficiency in Microsoft Excel, PowerPoint, and other Office applications
• Demonstrated ability to collaborate across diverse groups, build consensus, and execute on agreed plans while managing multiple concurrent workstreams in a fast-paced environment
• Strong oral and written communication skills, including the ability to distill complex topics into clear, concise messaging for senior management

 

Preferred qualifications, capabilities, and skills

• Advanced degree (e.g., MBA, Master's in Finance, Economics, or a quantitative discipline) or professional certification such as Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM)
• Hands-on experience with quantitative credit risk modeling or model validation within a wholesale lending environment
• Experience applying AI/LLM tooling within a regulated or control-focused environment

About Us

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, 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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.