JPMorgan Chase CIB Risk - QR Wholesale Credit Capital Model Development – Associate in Jersey City, New Jersey

Location: Jersey City, NJ, US

CIB QR Wholesale Credit Capital Group within the Risk organization of JPMC is looking for a modeler who will focus on Basel and allowance modeling methodologies. The position requires the modeling of loss given default and exposure at default.

Requirements:

  • Solid theoretical and practical knowledge of statistical methods and models: generalized linear models, time-series analysis, clustering, decision trees, logistic regression.

  • Experience in handling large amount of panel data, and data cleaning/filtering.

  • Hands on programming in Python and R.

  • Prior experience in wholesale credit is strongly preferred.

  • Prior experience in Basel and allowance modeling is strongly preferred.

  • Basic knowledge on credit risk modeling both at single-obligor/exposure level and portfolio level.

  • Previous experience in writing documents for regulatory reviews.

Qualification:

  • PhD or MS in quantitative field: finance, econometrics, mathematics, physics, engineering.

  • 1-2 years of relevant experience (associate). Fresh graduates would be considered as long as the candidate meets the requirements listed below.

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.