JM
Hiring companyJ.P. Morgan
Verified today
Wholesale Credit Grading
Mumbai,India Full-time
About the role
Wholesale Credit Grading team at J.P. Morgan drives end‑to‑end credit rating models (PD/LGD/EAD, rating transitions) for wholesale credit risk, CCAR and CECL. The VP leads model development, rigorous back‑testing, governance, and regulatory documentation while collaborating with data, tech, and business partners. Based in Mumbai, India, the role is on‑site with occasional travel.
What you’ll do
- Build and own wholesale credit rating models end‑to‑end
- Conduct rigorous back‑testing, monitoring, and model governance
- Prepare regulatory‑grade documentation and present to senior risk committees
- Collaborate with data and tech teams to productize models
- Lead model development and continuous improvement
- Ensure compliance with CCAR and CECL requirements
What you’ll bring
- Quantitative degree in Engineering, Finance, CS, Math, Stats, Econometrics
- 4+ years relevant experience
- Strong applied statistics/econometrics (GLMs, logistic regression, time series)
- Hands‑on Python with version control, testing, reproducibility
- Foundational credit risk modeling knowledge
- Experience with large‑scale panel datasets
- Experience with ML and generative AI
- Experience with credit scorecards and rating systems
Skills
PythonGLMLogistic RegressionTime SeriesCredit Risk ModelingMLData EngineeringRegulatory Documentation
Benefits
- Competitive compensation
- Health, dental, vision insurance
- Retirement plan
- Paid time off
- Professional development opportunities
Work authorisation
No