Inviting Candidates for Quantitative Analytics Sr. Associate

Job Description

Description for Internal Candidates Who We Are JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com . What it Means To Work Here Here, youll feel welcomed and valued. Our clients, transactions, deals and projects are global so we work hard to create diverse, inclusive teams that support our business and each other. Learn about our culture here . What to Expect Chase Consumer & Community Banking (CCB) serves nearly 66 million consumers and 4 million small businesses with a broad range of financial services through our 137,000 employeesThe Point of Sale Fraud Strategy team within CCB Operations is an analytics team responsible for creating and maintaining the authorization strategy used for decisioning transactions while mitigating fraud risk across products like Credit Cards, Debit Cards, Commercial cards. The team manages authorization of ~60 MM+ transactions daily translating into $1.5 trillion of annual credit and debit card sales and $0.5 billion fraud risk exposure to the bank across plasticsThe strategies leverage machine learning based fraud models, internal/external data sources , customer & merchant behavioral data along with statistical optimization techniques to help detect and prevent unauthorized fraudulent transactions across different third party loss types, protecting our customers and the firm while also creating best in class customer experience at the Point of SalePrimary Responsibilities:
• Own and manage fraud recovery risk mitigation strategies across credit card / debit card portfolios by synthesizing & analyzing complex transactional data and drawing concise conclusions regarding underlying risk dynamics, trends, and opportunities
• Assist team in managing critical machine learning & other score upgrades or refreshes that influence authorization strategies outcomes by working with internal / external modeling partners or associations like Visa / Mastercard
• Continue to enhance existing recovery strategy to ensure optimal outcomes across key portfolio segments while ensuring profitable return on investment goals
• Develop new model input variables, profiles and expand data footprint / pattern detection techniques & other capabilities to improve accuracy of recovery decisions across functions
• Partner effectively with Claims / Recovery to identify and execute data driven analytical strategy enhancements
• Ensure compliance with existing control structure while also driving future enhancements to ensure successful closure of Strategy Audits or Matter Requiring Attention (MRA) items
• Engage / Collaborate with key stakeholders within Operations, BP&A, Claims, Risk, Marketing, Tech, Finance and Product owners.
• Present clear & concise stories by converting complex data or analysis into presentations for senior leaders in various forums and influence outcomes
Qualifications -
• Bachelor s degree in relevant technical or quantitative fields (e.g., Mathematics, Engineering, Finance, Business, Statistics, Operations Research and Economics). Masters degree preferred
• Prior 6+ years of work experience in risk management, strategic analytics, data analytics or payments function from a banking or consulting domain
• Competent in the use of data technology to solve complex business problems, with hands-on expertise in the use of programming languages like Python/Hive, SAS, R, SQL, Unix and/or Teradata database tools
• Strong communication, influencing and interpersonal skills with ability to interact with individuals across departments / functions and making recommendations to Senior management
• Good multi-tasking skills with ability to manage and prioritize projects across cross-functional groups
• Ability to thrive in a dynamic and fast-paced energetic environment and can adapt to changes quickly
• Ability to synthesize / analyze diverse information, develop recommendations, and make decisions
We recognize that our people are our strength and the diverse talents they bring to our global workforce is 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, or disability, or any other basis protected under applicable local law. In accordance with applicable local law, we make reasonable accommodations for applicants and employees religious practices and beliefs, as well as any mental health or physical disability needs Join Us At J.P. Morgan, we re creating positive change for the diverse communities we serve. We do this by championing your innovative ideas through a supportive culture that helps you every step of the way as you build your career. If you re passionate, curious and ready to make an impact, we re looking for you. What s next Help us learn about you by submitting a complete and thoughtful application, which includes your resume. Your application and resume is a way for us to initially get to know you, so it s important to complete all relevant application questions so we have as much information about you as possible.After you confirm your application, we will review it to determine whether you meet certain required qualifications. JPMorgan Chase is committed to creating an inclusive work environment that respects all people for their unique skills, backgrounds and professional experiences. We strive to hire qualified, diverse candidates, and we will provide reasonable accommodations for known disabilities.Visit jpmorganchase.com/careers for upcoming events, career advice, our locations and more,

Keyskills :
source system analysisrisk mitigationdata analyticsreturn on investmentdebit cardssmall business