DESCRIPTION:
Duties: Develop best-in-class forecasting models for portfolios to support stress testing, loss reserve, and business planning exercise. The models are used to forecast credit card sales, payments, balances, and losses under different economic scenarios. Conduct research into card data, business strategies, and customer behaviors including how they are impacted by the macroeconomic environment. Use econometrics, statistical, machine learning, and time series forecasting techniques to produce robust models with a high level of explainability. Communicate model results, analytical findings, and insights to business partners and the senior leadership team to support business and/or technical decisions which could have significant impacts to P&L. Develop, maintain, and improve data pipeline architecture. Support senior leadership to design and build data across lending products. Troubleshoot and resolve data-related issues. Support the process of developing and maintaining documentation related to data procedures, practices, and templates. Write clear documentation to support the review of the model and it's adoption by the business. Contribute to regulatory related responses to facilitate compliance with firm wide policies, procedures, and guidance. Anticipate and address stakeholder needs through, but not limited to, ad-hoc analysis, sensitivity analysis, analytical walks, and performance monitoring, as well as through clear communication and documentation.
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QUALIFICATIONS:
Minimum education and experience required: Master's degree in Finance, Economics, Quantitative Finance, Engineering, Physics, Computer Science, Mathematics, or related field of study plus 3 years of experience in the job offered or as a Risk Program Associate, Business Analyst, Qualitative Model Validation, Research Assistant, or related occupation.
Skills Required: Requires experience in the following: Banking, Finance, and Risk Management with a focus on supporting credit card marketing strategies and initiatives; linear regression; logistic regression; dynamics of the economic environment; time series forecasting models; qualitative or quantitative model risk management; modeling data and developing reports including assessing ongoing performance monitoring of the models; data analytics including Teradata databases and credit card data modeling; P&L statements to critically review the appropriateness with respect to modeling objective and available model development data; data practices and handling business strategies related to consumer lending product or business analysis; programming and analytical software including Python (including Numpy, Pandas, Spark, Statsmodels, and Sklearn), SQL, and SAS; time series analysis, statistics, econometrics, and machine learning techniques; and Microsoft Office Suite including Excel, PowerPoint and Word. Requires academic experience in Economics to help build forecasting models that rely on economic indicators.
Job Location: 201 North Walnut Street, Wilmington, DE 19801. Telecommuting permitted up to 40% of the week.
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, discretionary incentive compensation which may be 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.