JP Morgan Chase & Co.

Business Lending Risk Analytics - Senior Associate

JP Morgan Chase & Co. • $90K — $120K *
Wilmington, DE 19805In-Person
Finance & Insurance
5 - 7 years of experience
1 week ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree with 5+ years in risk management or a quantitative field
  • Experience in statistics or econometrics
  • Proficient in SAS and decision tree software
  • Strong data querying skills to convert raw data into insights
  • Familiarity with risk analytics and problem-solving techniques
  • Excellent written and verbal communication abilities

Responsibilities

  • Analyze borrower demographics and risk/profit performance
  • Develop strategic recommendations based on analytics and intuition
  • Understand key performance metrics and profitability drivers
  • Gain insights into operational processes affecting portfolio performance
  • Conduct ad hoc analytics for Risk Management projects
  • Maintain reports on portfolio and collection performance metrics
  • Perform testing and analysis to verify strategy impacts
  • Document processes and respond to audit inquiries to ensure compliance

Benefits

  • Cross-functional collaboration with high visibility
  • Influence outcomes across all phases of the credit lifecycle
  • Opportunity to work in a dynamic and impactful team environment
  • Contribute to maintaining a compliant and audit-ready status
Full Job Description
Job Description

As a Strategic Analytics Associate in Business Banking Risk, you will generate data-driven insights and recommendations that inform strategy development, implementation, and performance monitoring across the Business Banking portfolio. You'll transform complex datasets into actionable management information, design and test strategies that balance growth and credit risk, and maintain robust controls and documentation to ensure an audit-ready environment. This opportunity offers high visibility, cross-functional collaboration, and the chance to influence outcomes across the credit lifecycle-from acquisition and underwriting through portfolio management, collections, and recoveries.

Responsibilities:
  • Conduct thoughtful analysis of borrowers, their demographics, and risk/profit performance with the firm's products
  • Generate strategic recommendations for strategy development based on quantitative analytics and business intuition. Strategies are optimized to maximize profitability while minimizing risk
  • Attain a detailed understanding of key performance metrics and profitability drivers, enabling the delivery of insights encompassing the full account lifecycle
  • Acquire an understanding of the operational processes (i.e. manual underwriting, portfolio management, collections, etc.) which will aid in understanding portfolio and collection performance drivers
  • Conduct ad hoc analytics and contribute to various projects representing Risk Management
  • Develop and maintain periodic reporting and analytics on key portfolio performance metrics and collection performance metrics to provide management with emerging trends
  • Conduct pre-implementation and post-implementation testing & analysis to ensure strategic changes produce expected impacts
  • Contribute to the team's 'audit-ready' state by keeping organized documentation, following established control processes, and developing draft responses to internal audit and regulatory questions.

Required Qualifications, Capabilities and Skills:
  • Bachelor's degree with minimum 5 years of professional experience related to risk management or other quantitative field of work
  • Background in statistics, econometric, or other quantitative field
  • Advanced understanding of SAS, SAS Enterprise Miner, or other decision tree software
  • Ability to query large amounts of data and transform the raw data into actionable management information and insights
  • Familiarity with risk analytic techniques and strong problem solving skills
  • Strong written and verbal communication skills


Preferred Qualifications, Capabilities and Skills:
  • Master's degree with minimum 3 years of professional experience related to risk management or other quantitative field of work
  • Intellectually curious and driven to identify meaningful insights using a data guided approach
  • Strong knowledge of US lending and debt collection regulations and practices
  • Experience delivering recommendations to management


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.

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Finance & Insurance
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ
CCF
* Ladders Estimates

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