Bring your expertise to JPMorganChase. 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 a Business Banking Strategic Analytics Vice President in the Consumer & Business Banking (CBB) Risk Management group, you will be responsible for analysis related to various credit risk initiatives within the risk graded business loans/lines area. You will identify, measure, develop and manage risk mitigation strategies. This role requires providing high level analytic support for complex projects that require sophisticated data analytics on large datasets. This is an exciting opportunity to work on high impact strategy initiatives as they become the key focus of the firm and across the financial services industry. You will excel at creative thinking and problem solving; be self-motivated, confident and ready to work in a fast-paced, energetic environment.
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Job Responsibilities
- Attain knowledge of Business loans and lines with full insight into emerging trends in credit risk associated with these products.
- Acquire an understanding of the operational processes (e.g. manual underwriting, portfolio management, collections) which will aid in understanding acquisition performance drivers
- Analyze business lending strategies and support efforts to develop risk strategies which reduce credit losses and improve revenue benefit to the firm
- Work with modeling team on developing models and develop overlays, business rules and risk strategy using the models
- Organize enhancements and automation of underwriting and risk strategies
- Conduct ad hoc analytics and contribute to various projects representing Risk Management
- Provide accurate and concise results and present findings, recommendations and presentations to Management.
- Work independently and multitask on several projects
- Partner with the broader team including product, modeling, underwriting, and technology
Required qualifications, capabilities, and skills
- Bachelor's degree
- 5+ years of professional experience related to risk management or other quantitative field of work
- Advanced understanding of SAS, SAS Enterprise Miner, SAS Viya, SQL or similar languages
- Ability to query large amounts of data and transform the raw data into actionable insights
- Familiarity with risk analytic techniques and strong problem solving skills
- Experience delivering recommendations to senior management
- Strong written and verbal communication skills
- Intellectual curiosity, self-direction with an ability to learn quickly
- Proficient in Microsoft Office suite of products
Preferred qualifications, capabilities, and skills
- Experience in developing risk strategies in cards, business banking, or similar portfolios
- Knowledge of financial statements
- Master's degree
To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co., will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit including optional practical training (OPT) or curricular practical training (CPT).
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.
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.