Step into an exciting role as a Quant Analytics Associate on our Point of Sale Capabilities (POS) team, where you’ll use data and technology to help stop fraud and keep payments safe. If you enjoy solving problems and working with big data, you’ll thrive in this collaborative and innovative environment.
As a Quant Analytics Associate Senior within the POS Capabilities team you will join a forward thinking team that seeks to prevent plastics fraud through innovating analytics, advancing machine learning models, and modernizing authorization platforms. Work with cross line of business partners to drive benefits in all aspects of fraud prevention through advancing technology capabilities, identifying new data sources, and improving analytic techniques. The ideal candidate should be a self-driven problem solver that is capable of analyzing big data, understanding complex systems, identifying opportunities, creating solutions and leading large scale projects
Job Responsibilities
- Understand the full lifecycle of a point of sale transaction, identify improvement opportunities and execute on them
- Contribute to key technical projects by making design recommendations and ensuring that all business needs are met
- Build, develop and maintain new capabilities that support fraud decisioning rules, data models, KPI monitoring and reporting, performance metrics systems and data automation systems
- Partner with the Consumer and Community Banking (CCB) Risk Modeling team to advance our machine learning models by improving modeling techniques, identifying new variables, and improving the model update cycle
- Seek to improve internal analytical techniques and introduce best practices to help improve on key business metric and the ability to work collaboratively with cross-functional partners to understand and address key business challenges
- Identify business opportunity by performing well thought analysis – data mining, ensuring data integrity, synthesizing, and communication findings to senior management
- Provide clear and concise oral and written communication across various functions and levels, inclusive of the broader fraud strategy team and cross-functional teams, including interpreting large amounts of complex data to formulate problem statement, concise conclusions regarding underlying risk dynamics, trends, and opportunities as well as performing ad hoc analysis and deliver updates on key projects to leadership teams
- Stay on top of the industry trends and adopt industry best practices
Required qualifications, capabilities, and skills
- MS degree with 5+ years Risk Management or other quantitative experience
- Excellent collaboration and partnership skills with proven track record in working well with internal teams and external partners
- Proven track record in solving business problems, and/or Project Management Skills -- well-organized, structured approach. Ability to achieve tight timelines on complex deliverables
- Advanced understanding of SAS, SQL, and Python
- Proven ability to query large amounts of data and transform the raw data into actionable management information
- Strong communication and interpersonal skills with ability to interact with individuals across departments / functions and with senior-level executives
Preferred Qualifications, Capabilities, and Skills
- Strong analytical and problem-solving abilities
- Experience delivering recommendations to management
- Familiarity with risk analytic techniques
- Preferred experience supporting more than one CCB Operations Function/Line of Business
This role is not eligible for visa sponsorship
About UsChase 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 TeamSkills Required
- MS degree with 5+ years Risk Management or other quantitative experience
- Excellent collaboration and partnership skills with proven track record working with internal teams and external partners
- Proven track record in solving business problems and project management skills; ability to meet tight timelines on complex deliverables
- Advanced understanding of SAS, SQL, and Python
- Proven ability to query large amounts of data and transform raw data into actionable management information
- Strong communication and interpersonal skills; ability to interact with senior-level executives
- Strong analytical and problem-solving abilities
- Experience delivering recommendations to management
- Familiarity with risk analytic techniques
- Preferred experience supporting more than one CCB Operations Function/Line of Business
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
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Healthcare Strength — Medical, dental, vision, and mental health coverage are comprehensive, with on-site clinics, preventive care, and specialized supports such as maternity nurse guidance and fertility treatments. Wellness activities can help offset copays and out-of-pocket costs, reinforcing the perceived strength of health benefits.
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Retirement Support — A 401(k) with dollar-for-dollar matching and additional automatic pay credits reflect strong employer-backed retirement savings. An employee stock purchase plan and related financial programs further bolster long-term financial support.
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Leave & Time Off Breadth — Paid time off, sick time, holidays, and generous parental leave are provided alongside family medical leave and adoption/fertility assistance. Additional programs like caregiver support and volunteer time off expand the breadth of time-away options.
JPMorganChase Insights
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 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 consumers 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. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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