JPMorgan Chase Recruitment

JPMorgan Chase Recruitment For QR Risk Associate: Apply Now!

JPMorgan is inviting applications for the post of QR – Wholesale Credit Risk – Associate for the year 2022. Here is everything that you need to know about this JPMorgan Chase Recruitment!

About JPMorgan Chase & Co.

JPMorgan Chase & Co., headquartered in New York City, is an American global investment bank and financial services holding corporation. JPMorgan Chase is a Delaware corporation. With total assets of US$3.386 trillion at the end of 2020, JPMorgan Chase was the largest bank in the United States and the fourth-largest bank in the world in terms of total assets.

It is a significant provider of various investment banking and financial services as a “Bulge Bracket” bank. Along with Bank of America, Citigroup, and Wells Fargo, it is one of America’s Big Four banks. JPMorgan Chase is a universal bank as well as a custodian bank.

Roles & Responsibilities

  • To improve the model’s use by businesses, provide tools and analytics across wholesale credit portfolios and regulatory exercises.
  • Participate in all phases of quantitative research and prototyping, as well as commercial assistance.
  • Establish effective processes for model execution and business evaluation in collaboration with the QR modelling, stress testing, finance, and risk teams.
  • Models should be implemented inside the firm’s analytical libraries, and projections should be explained to senior management and partner stakeholders.
  • During the model review phase, write extensive technical model papers and conduct ad-hoc evaluations.

Skills Required

  • Strong Python programming skills and knowledge of relational databases are required.
  • It is desired that you have knowledge and expertise with large data platforms (SPARK/Hadoop/Impala/Kinetica).
  • Experience with version control and working in a shared computer environment (Linux).
  • You’ve worked with quantitative modelling for regulatory purposes in the wholesale industry (e.g. CCAR or Basel)
  • You’ve worked in a Linux-based shared computing environment with version control.
  • You are driven to take charge and handle difficulties on your own.
  • You have good organisational and project management abilities, allowing you to manage many projects at the same time.
  • You’re a natural communicator, both verbally and in writing.

Qualifications

  • PhD/or Master’s Bachelor’s Degree from a prestigious institution in a quantitative area such as Statistics, Computer Science, Econometrics, Engineering, Physics, and related fields.
  • 3-5 years of relevant application development experience or expertise as a data scientist/big data engineer is required.
  • It’s preferable if you have a good understanding of financial instruments and risk management principles.
  • It is strongly desired, but not required, if you have prior experience authoring model papers.

How To Apply For This Job?

To apply for the opening for QR – Wholesale Credit Risk – Associate at JPMorgan Chase Recruitment, click here.

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