Risk Strategy Associate

Posted 3 Hours Ago
Be an Early Applicant
Wilmington, DE, USA
Hybrid
Junior
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Lead credit risk analytics for the cards business, assessing performance trends, identifying risks and opportunities, conducting root cause analyses, and presenting recommendations to senior leadership. The role also supports risk framework development, regulatory compliance, risk monitoring, stakeholder alignment, and continuous improvement using statistical, data mining, and quantitative methods.
Summary Generated by Built In
Description

Bring your expertise to JPMorgan Chase.  As part of Credit Risk Management, 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 Credit Risk Management is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a Strategic Analytics Associate within the Credit Risk Management Team, you will play a pivotal role in identifying, assessing, and mitigating risks to ensure we operate within established risk parameters and achieve long-term performance goals for our cards business. This position requires a proactive individual with passion for continuous learning and intellectual curiosity.  

Job responsibilities

  • Lead comprehensive analytics to measure and challenge key business initiatives and be able to independently generate solutions

  • Provide thought leadership and lead initiatives end to end, including defining problem statements, identifying risks and opportunities, securing stakeholder buy-in, and bringing ideas to life

  • Work independently and with various teams to identify and assess performance trends, utilizing both statistical and data mining tools and quantitative methodologies

  • Conduct root cause analysis to provide clear, actionable recommendations to senior leadership and various stakeholders

  • Prepare and present detailed risk monitoring reports to senior management and stakeholders, ensuring clear communication of findings

  • Support the development and maintenance of the company’s risk management framework, ensuring compliance with regulatory requirements

  • Monitor internal and external behavioral data along with public information on industry trends, regulatory changes, and credit risk management best practices to continuously improve risk management processes

 

Required qualifications, capabilities, and skills

  • A degree in a quantitative discipline (ex: Finance, Statistics, Economics, Mathematics, Operations Research, among others) 

  • Minimum 1+ years of analytics experience

  • Ability to logically structure and execute analyses using strong analytic, interpretive and problem solving skills

  • Ability to translate complex analysis into practical solutions and create concise presentations with sound business conclusions 

  • Possess the drive to succeed, be results oriented, have high attention to detail, and independently make decisions

  • Previous experience with either SAS, SQL, Python, or Tableau analytic tools (other coding languages would be considered)

  • Knowledge of consumer lending business

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.

Skills Required

  • Bachelor’s degree or equivalent degree in a quantitative discipline such as Finance, Statistics, Economics, Mathematics, or Operations Research
  • At least 1 year of analytics experience
  • Strong analytical, interpretive, logical structuring, and problem-solving skills
  • Ability to translate complex analysis into practical solutions and create concise presentations with sound business conclusions
  • Results orientation, attention to detail, independent decision-making, and drive to succeed
  • Experience with SAS, SQL, Python, Tableau, or other coding languages
  • Knowledge of the consumer lending 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.

  • Healthcare Strength — Health coverage is considered comprehensive, including medical, dental, and vision, alongside wellness and mental health resources. Some locations add onsite health centers and related wellbeing support.
  • Retirement Support — Retirement offerings include a 401(k)-type savings plan and related financial benefits, with options such as employee stock purchase participation. Financial planning resources are also highlighted to support long-term savings.
  • Parental & Family Support — Paid parental leave of 16 weeks for birth or adoption is available for all parents. Child care and back-up child care resources further reinforce family support.

JPMorganChase Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: New York, NY
289,097 Employees
Year Founded: 1799

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.

Gallery

Gallery

Similar Jobs

Hybrid
Wilmington, DE, USA
289097 Employees
Hybrid
2 Locations
289097 Employees

MongoDB Logo MongoDB

Senior Manager, Procurement

Big Data • Cloud • Software • Database
Easy Apply
Remote or Hybrid
United States
5550 Employees
76K-149K Annually

MassMutual Logo MassMutual

Consultant

Big Data • Fintech • Information Technology • Insurance • Financial Services
Remote or Hybrid
United States
6000 Employees
138K-181K Annually

Similar Companies Hiring

Granted Thumbnail
Artificial Intelligence • Healthtech • Insurance • Mobile • Financial Services
New York, New York
23 Employees
Hanover Park Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
42 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account