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Form of workAs 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.
As a Card Risk Acquisitions Strategy Associate, you will be responsible for forecasting losses to inform Card Acquisition investment decisions and provide guidance to credit strategy teams. This role requires strong analytical skills, collaboration, and attention to detail to effectively deliver on behalf of the team and the business.
Job Responsibilities:
- Develop and maintain Acquisition Risk Loss Forecasting process by conducting complex analysis of segment data and isolate risk using analytical techniques such as time series forecasting, leveraging both internal and external credit data
- Lead the end to end forecast process by establishing ownership of forecast deliverables driven by the Acquisition Investment Decision calendar
- Challenge and guide other Associates and Sr. Analysts on the team with their projects, assuring a strong culture, and encouraging continuous professional development
- Develop and present materials for Executive Leadership across the Risk, Finance and Marketing organizations.
- Support launch of new products and channels by evaluating loss outlook and anticipated behavior given the product constructs
- Monitor the current loss and delinquency trends to inform forecast adjustments. Also work with cross functional teams on integrating macro-economic views into forecasting
- Support ongoing internal and external audits by maintain strong documentation and controls
- Demonstrate strong strategic thinking, operational excellence, leadership and a control-oriented mentality.
Required qualifications, capabilities, and skills:
- Bachelor's degree in a quantitative discipline (Finance/Statistics/Economics/Mathematics/Operations Research) is required
- 5+ years of Credit Risk Management and/or Marketing Analytics in financial industry, preferably credit cards.
- Strong analytical, interpretive and problem solving skills with the ability to develop common sense solutions to complex business challenges
- Strong P&L knowledge and understanding of drivers of profitability
- Proven ability to influence and drive results thorough effective thought leadership and teamwork
- Ability to lead a team by coaching and developing peers in support of delivering timely and accurate results
- Strong knowledge of data extraction and manipulation tools - PYTHON, SAS, SQL and EXCEL
Preferred qualifications, capabilities, and skills if applicable:
- Advanced degree is preferred
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 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be 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.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
