Full-Time
Credit Risk Modelling Analyst / Associate
All genders
Posted on 3/13/2025
JP Morgan Chase
10,001+ employees
Global financial services and investment banking
No salary listed
Entry, Junior
Frankfurt, Germany
- Master’s in Statistics, Data Analytics, Economics, Math, Computer Science or equivalent discipline
- Experience in Python and/or R
- An understanding of SQL, data manipulation and extraction
- Strong interpersonal skills in communication as well as collaboration
- Deep understanding of statistical methods and modelling approaches
- Strong quantitative, analytical and problem solving skills
- Eagerness to learn about Credit Risk, Risk Parameters, Regulatory and Accounting concepts
- Perform IFRS modelling topics and allowance calculation
- Interact with firmwide modelling teams, local risk management and finance function and the regulator
- Improve existing risk models
- Leverage the firm’s infrastructure to perform quantitative analysis on the JP Morgan SE portfolio
- Analyze the implications of firmwide solutions as well as the appropriateness for the local portfolio
- Work on the approach / methodology for Stress test exercises
- Cooperate closely with quantitative research teams around the globe
- Interact with regulators on all aspects counterparty credit risk modelling
- First working experiences in modelling / credit risk
- Data Visualization tools like Tableau, Qlik View, Power BI etc.
- Knowledge on IFRS 9 credit risk topics
- Experience with banking regulation
JPMorgan Chase & Co. provides a wide range of financial services to individuals, small businesses, corporations, governments, and institutions across more than 100 markets worldwide. Its services include investment banking, asset management, financial transaction processing, and consumer banking, which encompasses personal banking, mortgages, credit cards, and auto financing. The company operates by leveraging its extensive expertise and proprietary data to deliver high-quality financial products and services, generating revenue through interest income, service fees, and trading commissions. What sets JPMorgan Chase apart from its competitors is its commitment to integrity, service, and growth, along with its focus on social responsibility, including initiatives to support veterans and community development. The company's goal is to strengthen the workforce and support communities while providing valuable economic insights through the JPMorgan Chase Institute.
Company Size
10,001+
Company Stage
IPO
Headquarters
New York City, New York
Founded
1959
Simplify's Take
What believers are saying
- Significant investments by wealth advisors indicate strong market confidence in JPMorgan Chase.
- The launch of JUSA ETF expands investment strategies for consistent returns and capital appreciation.
- AI adoption in compliance enhances JPMorgan's ability to navigate complex regulatory environments.
What critics are saying
- The Wells Fargo lawsuit could lead to financial losses and reputational damage for JPMorgan.
- The $175 million fraud case highlights potential weaknesses in due diligence processes.
- Reliance on AI for compliance may expose vulnerabilities if systems fail or are manipulated.
What makes JP Morgan Chase unique
- JPMorgan Chase leverages over 200 years of financial expertise and market presence.
- The firm offers a diverse range of services, from investment banking to consumer banking.
- JPMorgan Chase is committed to social responsibility and community development initiatives.
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Benefits
Health Insurance
Flexible Work Hours
Paid Sick Leave
Paid Holidays
Company News
A former Wharton School graduate is at the center of a massive bank fraud case involving JPMorgan Chase.
Chung Wu Investment Group LLC makes new $3.71 million investment in JPMorgan Chase & Co. (NYSE:JPM).
Beacon Harbor Wealth Advisors Inc. makes new investment in JPMorgan Chase & Co. (NYSE:JPM).
Triad Wealth Partners LLC makes new investment in JPMorgan Chase & Co. (NYSE:JPM).
Financial industry executives believe that companies have little choice but to use artificial intelligence (AI) to navigate today’s increasingly complex regulatory environment and faster product development cycles. “In 2025, there is pretty much no compliance without AI, because compliance became exponentially harder,” said Alexander Statnikov, co-founder and CEO of Crosswise Risk Management. “Think about all the change management that happens with regulations. Now, states will be stepping in. How you stay on top of it?”. It’s a similar story with business product development cycles