Risk Management - Home Lending Risk Strategy Analytics - Associate

Location: Plano, TX, United States

Job Family: Risk Analytics/Modeling

About the Role

At JPMorgan Chase & Co., one of the world's leading financial services firms, we are seeking a talented Risk Management Associate to join our Home Lending Risk Strategy Analytics team in Plano, TX. In this role, you will play a critical part in providing balanced, fact-based risk perspectives to support strategic initiatives in Chase's mortgage business. As a key contributor to our Risk Analytics/Modeling category, you will leverage advanced analytical techniques to assess and mitigate risks in home lending portfolios, ensuring alignment with the firm's commitment to responsible lending and regulatory compliance. This position offers the opportunity to work on high-impact projects that influence decision-making at the intersection of risk management and business growth in a dynamic, innovative environment. Your primary responsibilities will include developing and refining risk models for mortgage origination, servicing, and portfolio management, while conducting in-depth analyses of credit trends, default risks, and economic scenarios. You will collaborate closely with teams across Risk, Consumer Banking, and Technology to deliver actionable insights that drive strategic decisions, such as product enhancements or risk appetite adjustments. Utilizing tools like Python, SAS, and SQL, you will analyze vast datasets to identify patterns, forecast potential exposures, and support stress testing under frameworks like CCAR and DFAST. This role demands a proactive approach to monitoring key risk indicators and ensuring all analyses adhere to JPMorgan Chase's rigorous standards for model governance and ethical practices. We value professionals who thrive in a collaborative culture and are passionate about using data to foster sustainable growth in the financial services industry. Joining JPMorgan Chase means becoming part of a global team dedicated to innovation, client service, and community impact, with ample opportunities for career advancement. If you have a strong foundation in quantitative analytics and a keen interest in home lending, this position will allow you to make meaningful contributions to one of the largest mortgage lenders in the U.S.

Key Responsibilities

• Conduct fact-based analyses to provide balanced risk insights supporting Chase’s mortgage strategic initiatives
• Develop and maintain risk models for home lending portfolios, including credit scoring and default probability assessments
• Analyze portfolio performance metrics, identify emerging risks, and recommend mitigation strategies
• Collaborate with cross-functional teams in Risk, Business, and Technology to align analytics with business objectives
• Perform ad-hoc risk assessments and scenario analyses to support regulatory reporting and internal decision-making
• Monitor key risk indicators and prepare executive-level reports on home lending risk exposures
• Enhance analytical methodologies using advanced statistical techniques and big data tools
• Ensure compliance with internal policies and external regulations such as Dodd-Frank and CFPB guidelines
• Contribute to the development of risk strategy frameworks for mortgage origination and servicing
• Support model validation and back-testing processes to maintain model integrity

Required Qualifications

• Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field
• 3+ years of experience in risk analytics, modeling, or data analysis within the financial services industry, preferably in mortgage or home lending
• Proficiency in statistical modeling and data analysis tools such as SAS, R, or Python
• Strong understanding of credit risk, mortgage lending processes, and regulatory requirements in the U.S. banking sector
• Experience with large datasets and database querying (e.g., SQL)
• Ability to communicate complex analytical findings to non-technical stakeholders
• CFA, FRM, or similar certification is a plus but not required

Preferred Qualifications

• Advanced degree (Master's or PhD) in a quantitative discipline
• Prior experience at a major financial institution like JP Morgan Chase in risk management or home lending
• Knowledge of JPMorgan Chase's risk frameworks and mortgage products
• Experience with machine learning applications in credit risk assessment
• Familiarity with Basel III regulations and stress testing methodologies

Required Skills

• Statistical modeling and predictive analytics
• Proficiency in Python, R, or SAS for data analysis
• SQL and database management
• Credit risk assessment and mortgage underwriting knowledge
• Data visualization tools like Tableau or Power BI
• Machine learning algorithms for risk prediction
• Financial modeling and scenario analysis
• Regulatory compliance and reporting
• Strong analytical and problem-solving abilities
• Excellent communication and presentation skills
• Project management and stakeholder collaboration
• Attention to detail and accuracy in data handling
• Adaptability to fast-paced financial environments
• Quantitative research and hypothesis testing
• Risk quantification and portfolio analysis

Benefits

• Comprehensive medical, dental, and vision insurance plans
• 401(k) retirement savings plan with company matching contributions
• Generous paid time off, including vacation, sick days, and parental leave
• Professional development opportunities through JPMorgan Chase's internal training programs
• Employee stock purchase plan and performance-based bonuses
• Wellness programs including gym memberships and mental health support
• Flexible work arrangements and hybrid work options in Plano, TX
• Tuition reimbursement for advanced education and certifications

JP Morgan Chase is an equal opportunity employer.