Risk Management - Strategic Analytics - Associate

at JPMorgan Chase in Wilmington, Delaware, United States

Bring your expertise to JPMorgan Chase. 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 an Acquisition Pricing Strategy – Associate in Risk Management and Compliance, you will assist in developing pricing analytics as well as support key initiatives related to acquisition pricing for consumer credit cards. You will have the opportunity to guide fundamental changes to risk management process by working with people, process, and technology.

Job Responsibilities:

+ Develop and maintain segmentation strategies to determine the optimal price point for a given segment of prospects/customers

+ Establish a robust price testing framework working with product owners to enable quick learnings and perform strategy optimization

+ Effectively monitor the first order impacts and other related knock on effects to inform strategy adjustments. This would include but not limited to performing quantitative analysis of customer credit card behaviors, revenue drivers, and expense drivers to develop present value forecasts of various investment alternatives

+ Partner closely with other strategy areas of Risk, Modeling, Marketing, Finance, Legal & Compliance to coordinate integration of risk appetite framework into credit strategies.

+ Support launch of new products and channels by evaluating loss, profitability and anticipated behavior given the product constructs

+ Support ongoing internal and external audits by maintaining strong controls and documentation

Required qualifications, capabilities, and skills:

+ 2+ years of risk management or financial services experience

+ Bachelor’s Degree with concentrations in Math, Finance, Statistics, Economics

+ Strong written and verbal communication skills

+ Data mining skills, specifically: SAS , SQL , Python, Excel, Microsoft Office, and database software applications

+ Flexible and able to handle multiple tasks and a changing environment

+ Independent decision-making skills

+ Demonstrated experience in applying analytics to solve business problems efficiently and pragmatically through structured problem-solving approaches

Preferred qualifications, capabilities, and skills if applicable(optional):

+ Prior financial services experience in credit card preferred

+ MS or MBA considered

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. For 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