Job Description
DESCRIPTION:
Duties: Conduct analysis and design credit risk strategies across line of business. Deliver recommendations for multiple origination risk strategies across all segments of the portfolio. Utilize gradient boosting machine learning techniques to evaluate the credit performance and identify key attributes that predict elevated credit risk. Create and maintain tableau reporting to monitor delinquencies and loss trends. Regularly interact and communicate with outside vendors and cross-functional partners, including business leadership, Finance, Legal and Compliance, and functional partners within Risk team. Work both independently and collaboratively to complete analytical tasks starting with problem identification, analysis of large and complex data, and formulation of concise conclusions with actionable recommendations. Work collaboratively with cross-functional partners to understand and address key business challenges. Monitor delinquencies and loss trends to ensure stable and consistent portfolio performance. Leverage champion/challenger capabilities to develop and maintain credit strategies. Leverage latest tools and capabilities to identify loss trends and make changes to the credit strategy. Conduct ad hoc analytics and contribute to various projects representing risk management.
QUALIFICATIONS:
Minimum education and experience required: Master's degree in Statistics, Mathematics, Econometrics, Operations Research, or related quantitative field of study plus 2 years of experience in the job offered or as Strategic Analytics, Quantitative Analyst, Actuarial Analyst, Statistician, or related occupation. The employer will alternatively accept a Bachelor's degree in Statistics, Mathematics, Econometrics, Operations Research, or related quantitative field of study plus 5 years of experience in the job offered or as Strategic Analytics, Quantitative Analyst, Actuarial Analyst, Statistician, or related occupation.
Skills Required: Requires experience in the following: data manipulation structuring using SAS and Python; query optimization using SAS and Python; designing and developing interactive Excel reports and PowerPoint presentations with advanced functionalities including VLOOKUP, INDEX and MATCH, and PivotTables; developing and maintaining interactive dashboards using Tableau, including visualization and ETL automation; designing and implementing test-and-lean risk strategies with data attributes utilizing applied statistical simulation and A/B testing; statistical analysis using machine learning methods like logistic regression, multivariate regression, and classification techniques; creating XGBoost models to develop loss mitigation strategies using Python; translating quantitative information into actionable insights.
Job Location: 8181 Communications Pkwy, Plano, TX 75024. Telecommuting permitted up to 40% of the week.
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 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.
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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Employees engage in a combination of remote and on-site work.