Card Loss Forecasting - Vice President jobs in United States
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JPMorganChase · 2 days ago

Card Loss Forecasting - Vice President

JPMorgan Chase & Co. is a global leader in financial services, offering a wide range of products including investment banking and consumer banking. The Card Loss Forecasting team is responsible for forecasting credit card delinquencies and losses for the $220B credit card portfolio, providing analytical insights to senior management and monitoring credit card portfolio health.

Asset ManagementBankingFinancial Services
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Growth Opportunities
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H1B Sponsor Likelynote

Responsibilities

Produce the credit card loss forecast for bank-wide budget, including forecasts for several discrete segments including policy losses, bankruptcy, deceased and recoveries and reversals
Build out, analyze and modify origination vintage and product level forecasts
Analyze and understand loss forecasting quantitative model output
Work with Finance, Modeling, and Risk Strategy teams to understand changes in the portfolio, model, or strategies and apply adjustments as needed
Create and deliver presentations and other summarizations for Executive Leadership
Create and run sensitivity scenarios based on economic conditions and management direction
Complete ah hoc analysis
Monitor and present delinquency and loss forecasts to key line of business partners
Create and validate regulatory reporting
Provide insight for senior management via regular risk deep dives
Demonstrate initiative and the ability to work on multiple projects with limited guidance, while mentoring and coaching junior analysts to develop their risk management skills and finance knowledge

Qualification

Credit risk managementLoss forecastingStatistical modelingPythonSASSQLAdvanced ExcelPowerPointAnalytical skillsProblem solvingCommunication skills

Required

A Bachelor's or Master's Degree in a quantitative discipline (Finance, Accounting, Business, Stats, Economics, Math, Engineering) or equivalent work/training
Minimum 5 years of credit risk management, loss forecasting, statistical modeling, model execution and/or consulting experience
Minimum 7 years of related analytical experience
Proficiency in Microsoft Office suite of products (Advanced Excel, and PowerPoint)
Strong analytical, interpretive, and problem solving skills with the ability to interpret large amounts of data and its impact in both operational and financial areas
Excellent oral and written communication and presentation skills

Preferred

Credit risk experience in one or more US consumer credit portfolios (i.e. U.S. Mortgage, Credit Card, Automotive, Business Banking, Wealth Management, Private Banking)
Strong knowledge of Python, SAS, SQL

Benefits

Comprehensive health care coverage
On-site health and wellness centers
A retirement savings plan
Backup childcare
Tuition reimbursement
Mental health support
Financial coaching

Company

JPMorganChase

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With a history tracing its roots to 1799 in New York City, JPMorganChase is one of the world's oldest, largest, and best-known financial institutions—carrying forth the innovative spirit of our heritage firms in global operations across 100 markets.

H1B Sponsorship

JPMorganChase has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3471)
2024 (3469)
2023 (3395)
2022 (3594)
2021 (2515)
2020 (2495)

Funding

Current Stage
Public Company
Total Funding
unknown
1998-02-01IPO

Leadership Team

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Allison Beer
CEO of Card Services and Connected Commerce
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Dan Mendelson
CEO, Morgan Health
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Company data provided by crunchbase