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JPMorganChase · 1 day ago

Risk Management - Strategic Analytics - Associate

Wilmington, DE

Full-time

Onsite

Mid, Senior Level

5+ years exp

JPMorgan Chase is a leading financial services firm, and they are seeking an Associate in the Acquisition Loss Forecasting Team within Risk Management and Compliance. This role involves developing acquisition loss forecasts, conducting data analysis, and supporting strategy implementation to drive firm investment and strategy decisions.

Asset ManagementBankingFinancial Services

Growth Opportunities

No H1B

Responsibilities

Analyze historical product performance by strategy segmentations, use the analysis to forecast future performance, and deep dive into underlying trends driving performance variation

Analyze economic model output and apply results to quarterly forecasts, determining the result of base, stress, and upside macro environments and how these scenarios will impact losses and investment profitability

Analyze risk inputs and conduct research and analysis of the performance and profitability of existing strategies while working to ensure adherence to regulatory based initiatives, procedural alignment with Risk Policy and a strong control environment

Provide consistent framework to assess loss and profitability dynamics associated with credit decisions in normal as well as stressed economic scenarios

Provide analytical support to the strategy teams in developing robust methodology, algorithm, and financially sound evaluation framework for credit risk strategies

Utilize knowledge of risk modeling, profitability modeling, and relevant statistical knowledge to develop risk analysis framework that is consistent with the firm’s risk appetite framework

Partner closely with other strategy areas of Risk, Marketing, and Finance to coordinate integration of risk appetite framework into credit strategies

Develop and maintain periodic analytics to provide management with full insight into emerging trends and the quality of the originated accounts

Attain a detailed understanding of key performance metrics and profitability drivers, enabling the delivery of insights encompassing the full account lifecycle

Conduct ad hoc analytics and contribute to various projects representing Risk Management

Build deep relationships with business partners across the firm and will be expected to interact with key clients and cobrand partner leadership teams

Qualification

Risk ManagementStatistical AnalysisSQLPythonSASExcelTableauAlteryxAnalytical SkillsProblem-SolvingCommunication SkillsTeam Collaboration

Required

BS degree and minimum 5 years Risk Management or other quantitative experience required

Background in statistics, econometric, or other quantitative field required

Strong SQL, SAS, and Python coding skills, Excel, Microsoft PowerPoint, Alteryx and Tableau skills

Ability to query large amounts of data and transform the raw data into actionable management information

Strong analytical and problem-solving abilities

Strong written and oral communication skills

Experience delivering recommendations to management

Preferred

MS degree and 3 years Risk Management or other quantitative experience

Familiarity with risk analytic techniques preferably in strategy development and loss forecasting

Familiarity with current analytical techniques, e.g. regression, decision trees, and segmentation techniques

Advanced understanding of SAS, SAS Enterprise Miner, or other decision tree software

Benefits

Comprehensive health care coverage

On-site health and wellness centers

A retirement savings plan

Backup childcare

Tuition reimbursement

Mental health support

Financial coaching

Company

JPMorganChase

Glassdoor4.0

With a history tracing its roots to 1799 in New York City, JPMorganChase is one of the world's oldest, largest, and best-known financial institutions—carrying forth the innovative spirit of our heritage firms in global operations across 100 markets.

Founded in 2000

New York, New York, USA

10001+ employees