Consumer and Community Banking - Credit Decisioning Unit - Senior Associate

JPMorgan Chase & Co.•Wilmington, DE

About The Position

As a Credit Decisioning Unit (CDU) Sr Associate within the CCB Business Banking organization, you will conduct complex credit analyses, analyze and organized performance data, and help define underwriting and policy frameworks aligned with the firm’s risk appetite and financial objectives. You will collaborate with key partners to balance growth and profitability while ensuring strong governance, controls, and regulatory compliance at JPMorgan Chase. 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. 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.

Requirements

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
A master’s degree or higher in a quantitative discipline (ex: Finance, Statistics, Economics, Mathematics, Operations Research, among others) with 3+ years analytics experience or 5+ years of analytics experience
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)

Nice To Haves

Knowledge of business banking lending

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 in teams to identify and assess performance trends, utilizing both statistical and data mining tools and quantitative methodologies
Prepare and present detailed performance monitoring reports to senior management and stakeholders, ensuring clear communication of findings
Conduct data mining and apply mathematical and statistical theory and tools to monitor internal and external behavioral data and analyze the performance and profitability of existing strategies using randomized test/control setup
Design metrics to track performance of initiatives against expectations, as well as provide business insights based on analytic findings to further develop the firm’s risk appetite framework
Evaluate emerging risk trends across the credit lifecycle
Create and execute a consistent framework to assess loss and profitability dynamics associated with credit decisions for evaluation of adherence to the firm’s risk appetite
Summarize and communicate findings to influence leaders using methods that are both detailed as well as understandable by uniformed audiences