Risk Management - Strategic Analytics Associate

Bring your Expertise to JPMorgan Chase.  As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a Strategic Analytics Associate, you'll work with the risk team to generate thoughtful analytics and recommendations to the business concerning strategy development, implementation, operational controls, and performance monitoring.

Job Responsibilities

• Develop and maintain segmentation strategies to determine the optimal price point for a given segment of prospects/customers 

• Establish a robust price testing framework working with product owners to enable quick learnings and driven strategy optimization

• Work with Credit modeling team to constantly innovate and build better risk/profit maximization models leveraging both internal and external data

• Effectively monitor the first order impacts and other related knock on effects to inform strategy adjustments. This would include but not limited to performing quantitative analysis of customer credit card behaviors, revenue drivers, and expense drivers to develop present value forecasts of various investment alternatives. 

• Partner closely with other strategy areas of Risk, Marketing, and Finance to coordinate integration of risk appetite framework into credit strategies. 

• Support launch of new products and channels by evaluating loss, profitability and anticipated behavior given the product constructs 

• Support ongoing internal and external audits by maintaining strong controls and documentation

• Provide consistent framework to assess loss and profitability dynamics associated with credit decisions in normal as well as stressed economic scenarios. 

• Effectively manage multiple projects simultaneously to ensure timely delivery and manage stake holders expectations

Required qualification, skills and capabilities

• MS degree
• BS degree and minimum 5 years Risk Management or other quantitative experience required
• Background in statistics, econometric, or other quantitative field required
• Advanced understanding of SAS, SAS Enterprise Miner, or other decision tree software
• Ability to query large amounts of data and transform the raw data into actionable management information
• Familiarity with risk analytic techniques
• Strong analytical and problem-solving abilities
• Strong written and oral communication skills
• Experience delivering recommendations to management

Required qualification, skills and capabilities

• 3+ years in quantitative experience preferred

Chase is a leading financial services firm, helping nearly half of America’s households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do. We also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs. 

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions.  We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

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.

Equal Opportunity Employer/Disability/Veterans

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.