At JPMorgan, we are not looking for job seekers. We seek change makers who want to make an impact!!
As a Quant Modeling Lead within the Portfolio Risk Modeling team, you will play a pivotal role in designing, developing, testing, and validating statistical models for credit loss and P&L forecasting, specifically supporting the bank's home lending portfolio. This position requires a strategic lead who can effectively collaborate with business stakeholders, conduct in-depth research to address key business questions, and provide insightful analyses and recommendations to senior management.
Job Responsibilities:
- Lead the design, development, testing, and validation of statistical models for credit loss and P&L forecasting. Ensure models are robust, accurate, and aligned with business objectives.
- Foster strong partnerships with business stakeholders to understand their needs and ensure model outputs are actionable and support strategic decision-making.
- Conduct comprehensive research to address business questions, leveraging advanced modeling techniques and industry best practices and provide clear explanations and intuitive insights to support business decisions.
- Oversee the entire model development process, including data exploration, data pipeline development, quality control, model implementation, performance monitoring, and calibration.
- Collaborate with technology teams to support firm-wide technology enhancements and ensure seamless integration of models into existing systems.
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Required qualifications, capabilities and skills:
- At least 5 years of statistical modeling experience in the financial industry, with a preference for knowledge in regulatory modeling (CCAR, CECL, Basel) and mortgage industry.
- Strong skills in statistical software and programming languages, including Python, Spark, R, or SAS.
- Master's or Ph.D. in a quantitative discipline such as Statistics, Economics, Finance, Mathematics, or related fields.
- Strong analytical, interpretive, and problem-solving abilities, with the capacity to synthesize diverse information and develop strategic recommendations.
- Excellent communication and interpersonal skills, capable of engaging effectively with stakeholders at all levels.
- Demonstrated ability to work independently, manage projects, and meet deadlines efficiently.
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, 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. 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.
The CCB Data & Analytics team responsibly leverages data across Chase to build competitive advantages for the businesses while providing value and protection for customers. The team encompasses a variety of disciplines from data governance and strategy to reporting, data science and machine learning. We have a strong partnership with Technology, which provides cutting edge data and analytics infrastructure. The team powers Chase with insights to create the best customer and business outcomes.