18 days old

JPMorgan Chase & Co.
Wilmington, DE 19801
  • Job Code
    200025295

CCB-Risk-Card Portfolio Strategic Analytics-Associate

Job Description

 

JPMorgan Chase& Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.7 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 customers 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. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

 

Our Firmwide Risk Function is focused on cultivating a stronger, unified culture that embraces a sense of personal accountability for developing the highest corporate standards in governance and controls across the firm. 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

 

Chase is the No. 1 credit card issuer in the U.S., with 63 million credit cards in circulation. Risk management in Card is a critical functional to control the risk and contribute to revenue generation.

 

 

We are actively seeking an associate to be a part of Chase Card Credit Line Increase (CLI) Risk Management strategy team. As an associate you will be responsible for assessing and recommending changes to Portfolio Risk Management CLI strategies, policies and controls. You will ensure that the CLI strategies drive strong financial performance, while maintaining strong risk controls. You will regularly meet with leaders and team members in Risk Management, Finance, Lending and Marketing to drive business forward.

 
 
Responsibilities:
  • Candidate will have direct ownership and accountability of CLI strategies. This includes oversight of eligibility rules, strategy segmentations, and line optimization.
  • Candidate will partner with multiple business functions to ensure strategy is implemented accurately.
  • Develop and apply mathematical or statistical techniques to collect, organize and interpret data from multiple sources; develop best in class risk strategies
  • Candidate should be able to use advanced analytical techniques to build strategy segmentation including Clustering and Decision Trees. You will have ability to influence strategies
  • Develop and maintain reporting on strategy performance in a Test vs. Control environment.  Follow a disciplined approach to ensure recommendations taken to Senior Management result in correct decisions
  • Develop and communicate creative solutions to business unit management in effective manner
  • Work with execution team to implement, validate, and monitor the strategy quality and its performance; ensure robust control and governance to manage operational risk
  • Help spearhead best in class documentation and audit controls surrounding the CLI strategies
Qualifications:
  • A Bachelor's degree in a quantitative discipline (Finance/Statistics/Economics/Mathematics/Operations Research) or equivalent work/training is required. Master’s degree preferred
  • 5+ years of risk management or financial services experience, preferably in strategy development
  • 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. Preferred knowledge in Python

 

 

 

 

 

 

  •  A Bachelor's degree in a quantitative discipline (Finance/Statistics/Economics/Mathematics/Operations Research) or equivalent work/training is required. Master’s degree preferred
  • 5+ years of risk management or financial services experience, preferably in strategy development
  • 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. Preferred knowledge in Python

 

Req #: 200025295
Location: Wilmington, DE US
Job Category: Accounting/Finance/Audit/Risk
Employment Type: Full Time
Potential Referral Amount: 3000 US Dollar (USD)


Keyword: card%20services

Categories

Posted: 2020-05-12 Expires: 2020-06-11

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JPMorgan Chase & Co.
Wilmington, DE 19801

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