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Risk Management - Strategic Analytics Associate

Wilmington, DE, USA
Up to $140,000/ year
Risk Analyst
Actively hiring

Risk Management - Strategic Analytics Associate

JPMorganChase
Wilmington, DE, USA
Up to $140,000/ year
Risk Analyst
JPMorganChase
Actively hiring

hackajob is partnering with JPMorganChase to fill this position. Create a profile to be automatically considered for this role—and others that match your experience.

 
JOB DESCRIPTION

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.

OAs a Risk Management - Strategic Analytics Associate within Consumer & Community Banking Risk Management, you are responsible for the development and maintenance of Pescreen strategies across Consumer Card products.. Business priorities are built around the need to strengthen and guard the firm from the many risks we face, financial rigor, risk discipline, fostering a transparent culture and doing the right thing in every situation. We are equally focused on nurturing talent, respecting the diverse experiences that our team of Risk professionals bring and embracing an inclusive environment. Chase Consumer & Community Banking (CCB) serves consumers and small businesses with a broad range of financial services, including personal banking, small business banking and lending, mortgages, credit cards, payments, auto finance and investment advice. Consumer& Community Banking Risk Management partners with each CCB sub-line of business to identify, assess, prioritize and remediate risk. Types of risk that occur in consumer businesses include fraud, reputation, operational, credit, market and regulatory, among others

Job Responsibilities 

  • Conduct complex analysis to support consumer new account offer generation.  

  • Develop and refine criteria that enhances the return on investment of consumer credit risk strategies. 

  • Analyze risk inputs and conduct research and analysis of the performance and profitability of existing strategies while working to ensure adherence to regulatory based initiatives, procedural alignment with Risk Policy and  a strong control environment. 

  • Perform quantitative analysis of customer credit card behaviors, revenue drivers, and expense drivers to develop present value forecasts of various investment alternatives. 

  • Manage the prioritization of technology investments through analysis and evaluation to predict and compare profitability of various enhancements in the pipeline. 

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

  • Provide analytical support to the strategy teams in developing robust methodology, algorithm, and financially sound evaluation framework for credit risk strategies. 

  • Utilize knowledge of risk modeling, profitability modeling, and relevant statistical knowledge to develop risk analysis framework that is consistent with the firm’s risk appetite framework. 

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

Required qualification, skills and capabilities 

  • A Bachelor's degree in a quantitative discipline (Finance/Statistics/Economics/Mathematics/Operations Research) or equivalent work/training is required.
  • 4+ years of risk management or financial services experience
  • Strong P&L knowledge and understanding of profit drivers.
  • Excellent oral and written communication skills.
  • Ability to develop common-sense solutions to complex business challenges.
  • Ability to logically structure analyses using strong analytical, interpretive, and problem-solving skills.
  • Ability to translate complex analysis into concise presentations with sound business conclusions.
  • Strong knowledge of SAS and SQL. 

  • Familiarity with current analytical techniques, e.g. regression, decision trees and segmentation techniques 

  • Ability to partner and collaborate to effectively drive change across functions and geographies

Preferred qualification, skills and capabilities 

  •  Master’s degree preferred.

  • 4+ years of risk management or financial services experience, preferably in strategy development.

  • Preferred knowledge in Python. 

ABOUT US

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


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.


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.

hackajob is partnering with JPMorganChase to fill this position. Create a profile to be automatically considered for this role—and others that match your experience.

 

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