Business Lending Risk Analytics - Associate

Location: Wilmington, DE, United States

Job Family: Risk Analytics/Modeling

About the Role

At JPMorgan Chase, we are a leading global financial services firm with a strong commitment to innovation and risk management. As a Business Lending Risk Analytics Associate in our Wilmington, DE office, you will play a pivotal role in safeguarding and driving the growth of our business lending portfolios. This position within the Risk Analytics/Modeling category involves foreseeing potential risks in commercial lending activities, solving complex challenges through data-driven insights, and innovating beyond traditional norms to support sustainable business expansion. You will contribute to a dynamic team that leverages cutting-edge analytics to ensure our lending practices remain robust amid evolving market conditions and regulatory landscapes. In this role, you will develop sophisticated risk models tailored to business lending products, such as term loans, revolving credit facilities, and syndicated deals, while analyzing vast datasets to predict credit defaults and market volatilities. Collaborating closely with credit risk teams, business leaders, and compliance officers, you will perform stress testing, scenario simulations, and model validations to align with JPMorgan Chase's rigorous standards and regulatory requirements like Basel III and CCAR. Your work will directly influence lending decisions, helping to balance risk and opportunity in one of the world's largest banking institutions, where precision and foresight are paramount to maintaining our reputation for stability and trust. Beyond core analytics, you will innovate by integrating advanced technologies like AI and machine learning into risk frameworks, enhancing predictive capabilities and operational efficiency. This associate-level position offers opportunities for professional growth within JPMorgan Chase's renowned risk management ecosystem, including mentorship from senior experts and exposure to high-impact projects. If you thrive in a fast-paced environment and are passionate about using analytics to mitigate risks in financial services, join us to boost growth while upholding the highest standards of integrity and excellence.

Key Responsibilities

• Develop and maintain advanced risk models for business lending portfolios to assess credit, market, and operational risks
• Analyze historical and real-time data to forecast potential risks and identify emerging trends in the financial services sector
• Collaborate with cross-functional teams including credit officers, product managers, and compliance experts to mitigate risks
• Conduct stress testing and scenario analysis to ensure portfolio resilience under various economic conditions
• Innovate risk analytics methodologies, leveraging AI and machine learning to enhance predictive accuracy
• Prepare and present risk reports and insights to senior management and regulatory bodies
• Monitor and validate risk models for accuracy and compliance with JPMorgan Chase's internal standards
• Support business growth initiatives by providing data-driven risk recommendations for lending decisions
• Stay abreast of industry regulations and integrate changes into risk analytics processes
• Mentor junior analysts and contribute to the continuous improvement of the Risk Analytics team

Required Qualifications

• Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field
• 3+ years of experience in risk analytics, credit risk modeling, or financial services risk management
• Proficiency in statistical modeling and data analysis techniques
• Strong understanding of business lending products, including commercial loans and credit facilities
• Experience with regulatory compliance in risk management (e.g., Basel III, CCAR)
• Ability to work with large datasets and perform advanced analytics
• Excellent communication skills for presenting complex risk insights to stakeholders

Preferred Qualifications

• Master's degree or MBA in a quantitative discipline
• Experience in business lending risk at a major financial institution
• Familiarity with JPMorgan Chase's risk management frameworks and tools
• Certification in risk management (e.g., FRM or PRM)
• Prior exposure to machine learning applications in credit risk

Required Skills

• Statistical modeling and econometric analysis
• Proficiency in Python, R, or SAS for data manipulation and modeling
• SQL and database querying for handling large financial datasets
• Machine learning techniques for risk prediction
• Credit risk assessment and portfolio management
• Data visualization tools like Tableau or Power BI
• Regulatory knowledge in banking and lending (e.g., Dodd-Frank, IFRS 9)
• Advanced Excel and financial modeling skills
• Problem-solving and analytical thinking
• Strong written and verbal communication
• Attention to detail and accuracy in high-stakes environments
• Team collaboration and stakeholder management
• Adaptability to evolving financial technologies
• Quantitative research and hypothesis testing
• Project management for analytics initiatives

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance coverage
• 401(k) retirement savings plan with company matching contributions
• Generous paid time off, including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement for advanced education
• Employee stock purchase plan and other financial wellness benefits
• On-site fitness centers, wellness programs, and mental health support
• Flexible work arrangements, including hybrid options in Wilmington, DE

JP Morgan Chase is an equal opportunity employer.