Credit Forecast Transformation Associate

Posted 2 Days Ago
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Bengaluru, Karnataka
Hybrid
Mid level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
The Credit Forecast Transformation Associate will lead the loss forecast transformation project, enhance NCO forecast execution, establish best practices in data management, manage stakeholder communications, and assist in automation of loss forecast components in a collaborative team environment.
Summary Generated by Built In

Job Description
Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.
As a Credit Forecast Transformation Associate in the team, you will lead the loss forecast transformation project, enabling the Loss Forecasting team to deliver robust and flawless end-to-end Net Charge-Offs (NCOs) forecast execution, from model input to output provision. You will establish best practices in both model and non-model dataset creation and consumption, and support the implementation of the '1-click execution' vision across the Forecasting team.
Job responsibilities

  • Lead working group discussions to streamline processes for both model and non-model components, as well as NCO dataset variables, creating comprehensive outputs for reporting and analytics
  • Streamline both model and non-model components processes and NCOs dataset variables, creating comprehensive outputs that will be used most of the time
  • Manage the projects and communicate solutions, roadmaps, and progress to multiple stakeholders (Forecasting team, Project Management, Finance, Product Owner, and Technology)
  • Assist the Forecasting team in automating non-model loss forecast components (e.g., QMs, management judgment, overlays) in Cloud (e.g., FRAME/Databricks)
  • Collaborate with multiple stakeholders to enable AWS services and capabilities for fine-grain Loss forecast analytics by defining requirements for a semantic layer or reporting cube for easy retrieval of overlays and reporting processes;
  • Facilitate training and mentoring among peers on cloud capabilities and offerings, as well as analytical and reporting tools
  • Ensure firmwide controls and governance are followed, escalate issues and risks appropriately, and collaborate with key stakeholders for resolution and recurrence prevention
  • Foster an environment of continuous improvement


Required qualifications, capabilities, and skills

  • Strong problem-solving and interpersonal skills: a highly motivated, proactive, team player, with the ability to challenge the status quo and to manage multiple projects simultaneously, and ready to work in a fast-paced environment
  • Proficient in data aggregation and analytical/ML tools (e.g., SQL, Python / PySpark dataframe)
  • Experience with both structured and unstructured data, as well as semantic layers and cube dimensions
  • Familiarity with cloud offerings and capabilities such as S3 Bucket, EMR, SageMaker, Databricks, and data catalog tools
  • Knowledge of Agile/Productivity tools (e.g., JIRA, Confluence, GitHub, IAHUB)
  • Proficiency in MS Office (Excel, Word, PowerPoint, Visio) for creating procedures, process maps, and data analysis
  • Prior experience with forecast execution or analytics in finance, loss forecasting, risk management
  • Comfortable to present findings and recommendations to senior management and other stakeholders.


About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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.
About the Team
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.
Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.

Top Skills

Pyspark
Python
SQL

What the Team is Saying

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The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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