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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