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Quant Research- Wholesale Credit - Associate

AT JPMorgan Chase
JPMorgan Chase

Quant Research- Wholesale Credit - Associate

Mumbai, India

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.

As a Quantitative Research Data Engineering Associate within our Wholesale Credit Data QR team, you will be part of a mission to design, analyze, and deliver firm-wide data to support the firm's Wholesale Credit Stress (CCAR, ICAAP, Risk Appetite) and Loan loss reserves models. In this role, you will focus on data model definition, evolution of Data Dictionary to enable deep dive Data Analysis and Analytical explorations. You will work on the evolution of our frameworks, underlying data platforms and related tools to enhance ease of integration of pricing and forecast models, improve flexibility and extendibility of the framework as well as improve scalability and performance. This role will provide you with the opportunity to work with other experienced Wholesale Credit model developers and business partners, enhancing your quantitative as well as business skills.

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Job Responsibilities

  • Work as data engineer, to create or build data pipeline, define API to source data from different systems, perform complex transformation or enhancements to data and optimize end to end run.
  • Write business requirements in the form of JIRA epics & user stories to develop data and system requirements for credit risk modelling platform
  • Perform data analysis to support model development and analytics
  • Liaise with various lines of business and risk modelers, thoroughly understand various models for BASEL, CCAR, CECL and other credit risk models
  • Work with multiple stakeholders to elicit, analyze, refine and document business process and data requirements
  • Collaborate through the entire Software Development Life Cycle (SDLC) including planning, analysis and testing of new applications and enhancements to existing applications
  • Perform user acceptance testing and deliver demos to stakeholders by SQL queries or Python scripts

Required qualifications, capabilities, and skills

  • Bachelor's or Master's in Computer Science, Data Analytics or equivalent discipline. Experience of 3+ years in data engineering role in financial services, data analytics with focus on frameworks to handle large datasets and similar.
  • Data Analysis and data manipulation skills using SQL , Python, object orient programming & MS Excel is required. Strong analytical skills in forecasting and interpreting results and comfortable working with large quantities of data
  • Experience on building data architecture to source data from different systems, handling complex transformation ad optimizing the end to end solution
  • Ability to solve problems creatively while working in a dynamic and challenging environment under tight deadlines. Eagerness to learn about Credit Risk, Risk Parameters, Regulatory and Accounting concepts
  • Detail oriented and strong organizational skills. Excellent communication abilities, both written and oral
  • Experience implementing analytics frameworks in finance. Experience with source control, automated build/test systems, code coverage, unit testing and release processes

Preferred qualifications, capabilities, and skills

  • Experience in software engineering to build data architecture based on python, object orient programming, SQL etc. is preferable
  • Knowledge of Wholesale Credit, CCAR, Allowance (IFRS 9/CECL), Basel II/III regulatory capital
  • Proven ability to develop collaborative relationships with key internal partners to achieve objectives and prioritizations


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 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.

Client-provided location(s): Mumbai, Maharashtra, India
Job ID: JPMorgan-210557366
Employment Type: Full Time