Apply Now    

Corporate Risk - Wholesale Credit Analytics & Solutions (WCAS) – VP – NY

Req #: 180019154
Location: Jersey City, NJ, US
Job Category: Accounting/Finance/Audit/Risk
Potential Referral Amount: 5000 US Dollar (USD)

JPMorgan Chase is a leading global financial services firm with assets of $2.5 trillion and operations in more than 60 countries.  The firm is a leader in investment banking, commercial banking, financial services for small business and consumers, financial transaction processing, asset management and private equity.


The Wholesale Credit Analytics and Solutions team (WCAS) provides excellent exposure to any candidate interested in Credit Risk: CCAR, DFAST, ICAAP, Basel RWA, and Economic Capital. The group is responsible for implementing key credit risk practices across Wholesale businesses, and ensuring consistency in methodologies within Wholesale Credit Risk. The team works across CIB, CB and AM, and is closely aligned with firm-wide partners including Reporting, Finance, Model Risk & Development, Technology and the Regulatory Capital Management Office. We seek candidates with strong skills in finance, analytics, problem-solving, and communication. WCAS work is regularly presented to the JPMorgan’s Board of Directors and Operating Committee, and is also leveraged for external constituents, including the Firm’s investors and regulators.


WCAS’ areas of responsibility include Traditional Credit Product (TCP) stress testing (CCAR/DFAST/ICAAP) and Basel RWA, developing the firm's authoritative wholesale credit risk parameter data set, reserve/allowance management, development and implementation of an economic credit capital model, the design and integration of credit and capital limits, risk grading methodology, and the provision of strategic advice and solutions to the originating businesses. WCAS fosters a dynamic analyst environment which encompasses specific analyst training and networking events. Generally, there are mobility opportunities for good performers within the group.



  • Lead a team of high performing individuals responsible for Stress Testing analytics. The lead is required to facilitate the design and implementation of robust launch point and results analytics for all wholesale lines of business. Next gen analytics will be performed using Python, R, Tableau, SAS and other statistical software.

    • Analytics include but not limited to:

    • Launch point portfolio analysis to understand changes in portfolio quality

    • Variance analysis by building out walks across scenarios, across time, and across LOBs

    • Temporal analysis to illustrate how balances, losses, GII/NII and RWA change over the forecasted periods

    • Heat maps to visually display loss attribution

    • Top level dashboard  which includes key methodological / implementation changes quarter to quarter

  • Partner with external vendors to develop strategic solutions to store stress testing data and automate results in an efficient manner

  • Oversee the enhancement of existing models related to the Held- For-sale/Fair Value Option (HFS/FVO) loan portfolio for CCAR/DFAST, Mid-Year ICAAP, and Risk Appetite

  • Partner with the lines of business and technology groups to test, implement and deploy strategic solutions in order to automate exposures related to Fronted Letters of Credit (LCs) and Swinglines as well as Pending Commitments within the TCP Portfolio

  • Provide and present analytic results, insights and recommendations to senior management across all lines of business

  • Ensure timely execution of monthly and quarterly processes to calculate fronted LC and Swingline exposures across the Wholesale business

  • Identify situations where data is insufficient, and develop creative workarounds or other means to synthesize reliable data sources to support analytic function

  • Investigate and build relationships with key stakeholders to resolve data quality issues for existing and new special projects


  • 8+ years’ experience with a financial institution; Master degree or CFA a plus.

  • Familiarity with Basel requirements for credit risk/loss models.

  • Graduate level analytical and problem solving skills with the ability to interpret complicated and large amounts of data with business insights to support business growth.

  • Ability to build rapport and influence change.

  • Excellent written and verbal communication skills.

  • Self-motivated, organized and possess a high level of attention to detail.

  • Ability to work in a team environment to solve problems and excel in a high-pressure, deadline oriented environment.

  • Experience in econometric and statistical modeling for loss and interest income forecasting, risk management, or volume forecasting is highly preferred.

  • Experience with wholesale loans and commitments product and systems, as well as the Credit Risk Infrastructure / Credit Mart (CRI) and its data flows, is a plus.

Apply Now    

Join our Talent Community

Not ready to apply? Leave your information with us and we will keep you up to date with new career opportunities.

Things to note

Sign in to our application system to continue your job search or update your profile.

Current employees sign in here. Contractors sign in here.

Any information you provide is confidential and will only be viewed by our recruiters in an effort to fill open positions. In addition, the information you provide is subject to our privacy policy practices.

Please note that J.P. Morgan will not accept unsolicited approaches or speculative CVs, nor will J.P. Morgan be responsible for any related fees, from Third Party Firms who are not preferred suppliers.

The firm invites all interested and qualified candidates to apply for employment opportunities.

Need disability related assistance?

If you are a US or Canadian applicant with a disability who is unable to use our online tools to search and apply for jobs, please click here.

Important links

Click here to view the "EEO is the Law" poster.

Click here to view the "EEO is the Law" supplemental poster.

Click here to view our U.S. Pay Transparency Policy.

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.