Risk Management - Strategic Analytics - Senior Associate

JPMorgan Chase & Co. • Wilmington, DE

2d

About The Position

Bring your expertise to JPMorgan Chase. As 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 an Associate within the Risk Team, you will generate insightful analytics and provide recommendations concerning risk criteria development, implementation, operational controls, and performance monitoring. Your role will require a deep understanding of the problem universe, data analysis to understand root causes, and the use of analytics to design and implement solutions. You will play a pivotal role in promoting end-to-end solutions that mitigate risk while balancing the minimization of revenue loss, operating costs, and customer impacts.
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.
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.

Requirements

• BS degree and minimum 5 years Risk Management or MS degree and 3 years Risk Management
• Advanced understanding of SAS, SAS Enterprise Miner, or other decision tree software
• Ability to query large amounts of data and transform the raw data into actionable management information
• Familiarity with risk analytic techniques
• Strong analytical and problem-solving abilities
• Strong written and oral communication skills
• Experience delivering recommendations to management

Nice To Haves

• Other quantitative experience preferred
• Experience in credit cards or financial services or risk management is preferred

Responsibilities

• Develop and Implement end-to-end risk criteria for approve/decline decisions in Business Card
• Monitor risk criteria to identify emerging trends and make changes to risk criteria in response
• Collaborate with various stakeholders which includes Business GMs, Operations, Tech, Credit risk team, Legal, and Compliance in driving initiatives
• Provide support to senior leadership by delivering actionable insights and identifying opportunities for improvement within portfolios
• Conduct ad hoc analytics and contribute to various projects representing Risk Management

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level