Wholesale Credit Risk Reporting - Associate

Location: Mumbai, Maharashtra, India

Job Family: Risk Reporting

About the Role

At JP Morgan Chase, we are seeking a talented Wholesale Credit Risk Reporting Associate to join our dynamic Risk Management team in Mumbai, Maharashtra, India. This role is pivotal in supporting our Wholesale Banking division, where you'll contribute to the assessment and reporting of credit risks associated with large corporate lending, trade finance, and capital markets activities. As part of a global institution with over $3.7 trillion in assets, you'll work on cutting-edge initiatives that influence decision-making at the highest levels, leveraging JP Morgan's robust technology infrastructure to deliver insightful risk analytics. This position offers an exciting opportunity to grow your career in a collaborative environment that values innovation and integrity, pushing the boundaries of what's possible in financial risk management. In this role, you will be responsible for generating detailed credit risk reports that cover exposure monitoring, portfolio performance, and regulatory compliance for wholesale clients across industries. You'll collaborate closely with credit officers, data scientists, and business leaders to refine reporting processes, incorporating advanced tools like SQL and Python to handle vast datasets from JP Morgan's proprietary systems. Key tasks include stress testing scenarios under frameworks like Basel III and IFRS 9, ensuring our reports provide actionable intelligence to mitigate risks in volatile markets. Based in our state-of-the-art Mumbai office, you'll engage with regional and global teams, gaining exposure to international wholesale banking operations while adhering to JP Morgan's stringent governance standards. We value professionals who thrive in high-impact roles and are committed to excellence. This associate-level position is ideal for those with a solid foundation in financial services and a passion for risk reporting, offering pathways for advancement within JP Morgan Chase's expansive network. Join us to make a meaningful difference in safeguarding our clients' interests and driving sustainable growth in the financial sector.

Key Responsibilities

• Develop and maintain comprehensive credit risk reports for wholesale portfolios, ensuring accuracy and timeliness for senior management and regulatory submissions
• Analyze credit exposure data across various asset classes, identifying trends and potential risks in JP Morgan's global wholesale lending activities
• Collaborate with cross-functional teams including credit analysts, traders, and compliance officers to enhance risk reporting methodologies
• Utilize advanced analytics tools to model credit risk scenarios and stress test wholesale portfolios under different economic conditions
• Ensure compliance with internal JP Morgan policies and external regulations such as Dodd-Frank, EMIR, and RBI guidelines for the Mumbai office
• Automate reporting processes using SQL, Python, or Tableau to improve efficiency and reduce manual errors
• Monitor and report on key risk indicators (KRIs) for wholesale credit products, providing actionable insights to mitigate portfolio risks
• Support ad-hoc reporting requests from business units and contribute to the continuous improvement of risk management frameworks
• Participate in audits and reviews of credit risk reporting to uphold JP Morgan's high standards of governance and transparency
• Liaise with technology teams to integrate new data sources into existing risk reporting systems

Required Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related quantitative field
• Minimum of 3-5 years of experience in credit risk management, reporting, or analysis within the financial services industry
• Proficiency in financial modeling and data analysis tools such as Excel, SQL, and Python
• Strong understanding of wholesale credit products, including loans, derivatives, and syndicated facilities
• Experience with regulatory reporting frameworks like Basel III, IFRS 9, and CECL
• Ability to handle large datasets and ensure data accuracy in high-stakes environments
• CFA, FRM, or equivalent certification is highly desirable

Preferred Qualifications

• Advanced degree (Master's or MBA) in Finance or Risk Management
• Prior experience at a global investment bank like JP Morgan Chase
• Knowledge of JP Morgan's internal risk systems and reporting protocols
• Familiarity with wholesale banking operations in emerging markets like India
• Proven track record in automating risk reporting processes

Required Skills

• Advanced proficiency in Microsoft Excel and financial modeling
• SQL and database querying for data extraction and manipulation
• Python or R programming for risk analytics and automation
• Knowledge of visualization tools like Tableau or Power BI
• Understanding of credit risk metrics such as PD, LGD, and EAD
• Strong analytical and problem-solving abilities
• Excellent attention to detail and data validation skills
• Effective communication for presenting complex risk data to stakeholders
• Project management skills for handling multiple reporting deadlines
• Regulatory knowledge in banking and financial services
• Team collaboration and interpersonal skills
• Adaptability to fast-paced, dynamic environments
• Time management and prioritization under pressure
• Ethical judgment in handling sensitive financial data
• Basic understanding of machine learning applications in risk reporting

Benefits

• Competitive base salary and performance-based annual bonuses aligned with JP Morgan's compensation philosophy
• Comprehensive health, dental, and vision insurance coverage for employees and dependents
• Retirement savings plan with generous company matching contributions
• 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 and hybrid options for the Mumbai location
• Global mobility programs for career advancement within JP Morgan Chase

JP Morgan Chase is an equal opportunity employer.