Auto Risk portfolio monitoring and analytics : Associate

Location: Bengaluru, Karnataka, India

Job Family: Risk Analytics/Modeling

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a strong presence in India, particularly in Bengaluru, where innovation drives our risk management practices. The Auto Risk Portfolio Monitoring and Analytics Associate role within our Risk Analytics/Modeling team is pivotal in safeguarding our consumer banking portfolio, focusing on auto loans and financing. This position involves leveraging advanced analytics to monitor portfolio health, predict potential risks, and support strategic decision-making in the dynamic automotive finance sector. As part of our commitment to excellence, you will contribute to maintaining the integrity of our auto lending operations while adhering to stringent global and local regulatory frameworks. In this role, you will dive deep into data-driven insights, utilizing cutting-edge tools to assess credit risk, track delinquencies, and forecast losses specific to auto portfolios. Collaborating with teams across Risk, Treasury, and Business lines, you will play a key role in stress testing scenarios influenced by economic factors like interest rate fluctuations and automotive market shifts in India. Your work will directly impact JP Morgan Chase's ability to offer secure and innovative financing solutions to customers, ensuring portfolio resilience amid volatility. This is an opportunity to grow within a world-class institution known for its robust risk management culture. We seek a proactive professional passionate about financial risk in the auto sector, with a blend of technical expertise and business acumen. Joining JP Morgan Chase means access to unparalleled resources, mentorship from industry leaders, and a platform to advance your career in global finance. If you thrive in a collaborative, high-impact environment and are ready to contribute to one of the world's most admired banks, this role offers the perfect blend of challenge and reward in Bengaluru's vibrant tech-financial hub.

Key Responsibilities

• Monitor and analyze the Auto Risk portfolio to identify emerging risks and trends in auto lending
• Develop and maintain quantitative models for credit risk assessment and portfolio stress testing
• Perform regular portfolio reviews, including delinquency tracking, loss forecasting, and exposure analysis
• Collaborate with cross-functional teams in Risk, Finance, and Business units to mitigate auto loan risks
• Generate insightful reports and dashboards using tools like Tableau for senior management at JP Morgan Chase
• Conduct scenario analysis and sensitivity testing to ensure portfolio resilience against economic downturns
• Support regulatory reporting and compliance for auto finance activities in line with global standards
• Leverage data analytics to optimize portfolio performance and recommend risk mitigation strategies
• Stay updated on automotive industry trends and their impact on credit risk in the Indian market
• Assist in model validation and back-testing to enhance the accuracy of risk predictions

Required Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field
• 3-5 years of experience in risk analytics, portfolio monitoring, or credit risk management within the financial services industry
• Proficiency in statistical modeling and data analysis techniques for risk assessment
• Strong understanding of automotive finance, auto loans, and related risk factors in a banking context
• Experience with regulatory compliance standards such as Basel III and IFRS 9 for credit risk
• Ability to work with large datasets and perform advanced analytics in a fast-paced environment
• Excellent communication skills to present findings to senior stakeholders

Preferred Qualifications

• Master's degree in Finance, Risk Management, or Data Science
• Prior experience at a major financial institution like JP Morgan Chase in auto lending or consumer banking
• Certification in FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst)
• Hands-on experience with machine learning applications in credit risk modeling
• Knowledge of Indian financial regulations and RBI guidelines for auto finance portfolios

Required Skills

• Proficiency in Python or R for statistical analysis and modeling
• Advanced Excel skills with VBA for data manipulation
• Experience with SQL for querying large financial databases
• Knowledge of risk modeling tools like SAS or MATLAB
• Data visualization expertise using Tableau or Power BI
• Strong analytical thinking and problem-solving abilities
• Attention to detail in handling complex financial datasets
• Effective communication for presenting risk insights to non-technical audiences
• Time management skills to handle multiple portfolio monitoring tasks
• Team collaboration in a global banking environment
• Understanding of machine learning techniques for predictive analytics
• Familiarity with credit scoring and portfolio optimization algorithms
• Adaptability to evolving regulatory and market conditions
• Quantitative aptitude for stress testing and scenario analysis
• Ethical judgment in risk decision-making aligned with JP Morgan values

Benefits

• Competitive base salary and performance-based bonuses aligned with JP Morgan Chase standards
• Comprehensive health insurance coverage including medical, dental, and vision for employees and dependents
• Retirement savings plan with company matching contributions to support long-term financial security
• Paid time off, including vacation, sick leave, and parental leave policies
• Professional development opportunities through JP Morgan's internal training programs and tuition reimbursement
• Employee wellness programs, including gym memberships and mental health support
• Flexible work arrangements, including hybrid options in Bengaluru
• Stock purchase plan allowing participation in JP Morgan Chase equity

JP Morgan Chase is an equal opportunity employer.