JP Morgan Chase & Co.

Quant Analytics Senior Associate - Point of Sales Capabilities

JP Morgan Chase & Co. • $110K — $130K *
Wilmington, DE 19805In-Person
Finance & Insurance
5 - 7 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • MS degree with 5+ years in Risk Management or quantitative experience
  • Strong collaboration skills with internal teams and external partners
  • Demonstrated ability to solve business problems and manage projects
  • Advanced proficiency in SAS, SQL, and Python
  • Experience in querying large data sets to derive actionable insights
  • Effective communication skills with the ability to engage across departments and with executives

Responsibilities

  • Analyze the full lifecycle of point-of-sale transactions to find improvement opportunities
  • Make design recommendations for technical projects to meet business needs
  • Develop and maintain capabilities for fraud decisioning rules and data automation
  • Collaborate with CCB Risk Modeling team to enhance machine learning models
  • Introduce best practices to improve analytical techniques and business metrics
  • Conduct thorough analysis to identify business opportunities and communicate findings
  • Provide clear communication of complex data insights to leadership and cross-functional teams
  • Stay updated on industry trends to integrate best practices

Benefits

  • Collaborative and innovative work environment
  • Opportunities for career development within a leading financial services team
  • Access to advanced data and analytics infrastructure
  • Engagement in meaningful projects that enhance consumer safety and trust
  • Ability to work on cross-functional projects across diverse departments
Full Job Description
Job Description

Step into an exciting role as a Quant Analytics Associate on our Point of Sale Capabilities (POS) team, where you'll use data and technology to help stop fraud and keep payments safe. If you enjoy solving problems and working with big data, you'll thrive in this collaborative and innovative environment.

As a Quant Analytics Associate Senior within the POS Capabilities team you will join a forward thinking team that seeks to prevent plastics fraud through innovating analytics, advancing machine learning models, and modernizing authorization platforms. Work with cross line of business partners to drive benefits in all aspects of fraud prevention through advancing technology capabilities, identifying new data sources, and improving analytic techniques. The ideal candidate should be a self-driven problem solver that is capable of analyzing big data, understanding complex systems, identifying opportunities, creating solutions and leading large scale projects

Job Responsibilities
  • Understand the full lifecycle of a point of sale transaction, identify improvement opportunities and execute on them
  • Contribute to key technical projects by making design recommendations and ensuring that all business needs are met
  • Build, develop and maintain new capabilities that support fraud decisioning rules, data models, KPI monitoring and reporting, performance metrics systems and data automation systems
  • Partner with the Consumer and Community Banking (CCB) Risk Modeling team to advance our machine learning models by improving modeling techniques, identifying new variables, and improving the model update cycle
  • Seek to improve internal analytical techniques and introduce best practices to help improve on key business metric and the ability to work collaboratively with cross-functional partners to understand and address key business challenges
  • Identify business opportunity by performing well thought analysis - data mining, ensuring data integrity, synthesizing, and communication findings to senior management
  • Provide clear and concise oral and written communication across various functions and levels, inclusive of the broader fraud strategy team and cross-functional teams, including interpreting large amounts of complex data to formulate problem statement, concise conclusions regarding underlying risk dynamics, trends, and opportunities as well as performing ad hoc analysis and deliver updates on key projects to leadership teams
  • Stay on top of the industry trends and adopt industry best practices


Required qualifications, capabilities, and skills
  • MS degree with 5+ years Risk Management or other quantitative experience
  • Excellent collaboration and partnership skills with proven track record in working well with internal teams and external partners
  • Proven track record in solving business problems, and/or Project Management Skills -- well-organized, structured approach. Ability to achieve tight timelines on complex deliverables
  • Advanced understanding of SAS, SQL, and Python
  • Proven ability to query large amounts of data and transform the raw data into actionable management information
  • Strong communication and interpersonal skills with ability to interact with individuals across departments / functions and with senior-level executives


Preferred Qualifications, Capabilities, and Skills
  • Strong analytical and problem-solving abilities
  • Experience delivering recommendations to management
  • Familiarity with risk analytic techniques
  • Preferred experience supporting more than one CCB Operations Function/Line of Business

This role is not eligible for visa sponsorship

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.

The CCB Data & Analytics team responsibly leverages data across Chase to build competitive advantages for the businesses while providing value and protection for customers. The team encompasses a variety of disciplines from data governance and strategy to reporting, data science and machine learning. We have a strong partnership with Technology, which provides cutting edge data and analytics infrastructure. The team powers Chase with insights to create the best customer and business outcomes.

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

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at JP Morgan Chase & Co.

More Finance & Insurance Jobs

Find similar Quant Analytics Senior Associate - Point of Sales Capabilities jobs:

NationwideWilmington, DE