Consumer Banking - Credit Forecasting Vice President

JPMorgan Chase & Co.

Consumer Banking - Credit Forecasting Vice President

Salary Not Specified

JPMorgan Chase & Co., City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted 3 weeks ago, 10 Apr | Get your application in now before you miss out!

Closing date: Closing date not specified

job Ref: 5ec2efda8546476084cb86b2a0b553b6

Full Job Description

As a Vice President in Credit Forecasting, you will be responsible for forecasting credit losses and allowance (IFRS9 and CECL) for internal and external reporting. You will support new business initiatives and regulatory submissions across risk stripes and geographies. You will have substantial interaction and collaborate closely with all key stakeholders within first line of defence, Finance, Risk, as well as colleagues within the Forecasting teams.,

  • Manages the IFRS9/CECL allowance processes, partnering with key stakeholders across the organisation

  • Prepares loss and allowance forecasts for business planning and regulatory submissions

  • Designs and execute operating model and controls for loss forecasting and allowance

  • Prepares presentations for senior management and other key stakeholders on ragular basis

  • Acts as subject matter expert on loss forecasting and allowance and serve as primary point of contact for stakeholders

    Relevant experience within credit risk analytics and / or credit forecasting

  • Coding expertise in Python

  • Strong analytical and problem solving skills

  • Ability to present complex and technical concepts in a clear, simple and concise manner to manage frequent interactions outside immediate team and senior management

  • Ability to manage multiple priorities to high standards and to deliver high quality results within tight deadlines

  • Proven ability to work in a fast-paced and dynamic growth environment

    The ICB (International Consumer Banking) business within JPMorgan Chase has grown significantly since its launch in 2021, and we expect the business to expand further over the next few years. Join the expansion of Chase digital bank across the UK and Europe and help us continue to build our award-winning bank. The ICB Credit Forecasting team maintains ownerships of production, reporting, analytics for business planning, ICAAP and Risk Appetite. In addition, this team is responsible for providing insights to key business partners on macroeconomic developments, risk appetite and capital adequacy., J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.


  • We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

    Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We're proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions - all while ranking first in customer satisfaction.

    Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.