Quant Analytics-Pricing Governance & Control - Senior Associate

Next Frontier Capital; Plano (TX); On-site; USD 85,000 - 120,000; Full time

Job summary

JPMorgan Chase & Co. is seeking a Governance & Control Pricing Associate for Auto Finance in Plano, TX.

You will execute pricing changes in the Pricing engines (CPE and LAZER), simulate validation, monitor post-implementation results, and collaborate with Technology, Pricing, and Finance teams to maintain strong governance and risk controls. The role requires 3+ years in consumer financial services, a Bachelor’s degree, and proficiency in SAS, Alteryx, and SQL.

Qualifications

• 3+ years of Consumer Financial Services experience
• Bachelor’s degree required
• SAS, Alteryx, and SQL knowledge
• Strong analytical skills, detailed oriented, with understanding of P&L components
• Excellent computer skills (Word, Excel, PowerPoint)
• Ability to work under pressure, highly organized, multitask and meet deadlines
• Strong communication and interpersonal skills with collaboration and initiative

Responsibilities

• Manage Pricing system execution and testing of pricing changes
• Manage dealer fee table changes
• Participate in key business initiatives impacting Pricing
• Create BRDs, documentation, test plans, scripts, and full test execution for pricing system updates
• Testing including submission, decisioning, and review of outcomes; document pass/fail with screenshots
• Coordinate test accounts and simulation test runs with IT and business partners
• Provide coverage for Disaster Recovery and system upgrades
• Pricing exceptions/rate override reporting
• Back up for ALG Book Load process and MRM methodology/setting
• Back up for LAZER (Usury Rate updates) changes
• Ad hoc portfolio performance analysis including customer corrections impact

Skills

Analytical skills

Communication

Attention to detail

Multitasking

Teamwork

Work under pressure

Education

Bachelor’s degree

Graduate degree

Tools

SAS

Alteryx

SQL

Job description

In this critical role, you'll ensure the controlled and accurate implementation of all pricing changes into our Pricing systems, minimizing operational and financial risk to Auto and the Firm.

As a Governance & Control Pricing Associate in Auto Finance, you will be responsible for the execution of all pricing changes (inclusive of model updates) in Auto’s Pricing systems (CPE – Continuous Pricing Engine and LAZER), inclusive of upload, simulation validation, and post implementation monitoring.You will be the liaison between Technology and Pricing, Line of Business representatives, Finance Decision Optimization team, focusing on internal pricing requirements, specifically for all initiatives with a pricing impact.You will also be responsible for Testing and Controls, maintenance of a strong governance and control process environment.Key responsibilities include the following.

Job Responsibilities:

• Manage Pricing system Execution and Testing of all pricing changes
• Management of the dealer fee table changes
• Participate in key business initiatives impacting Pricing

• Create Business Requirements, documentation, Test Plans, Scripts, and full Test execution for applicable Pricing system updates, as well as Auto Finance BOW projects with pricing impacts (inclusive of Standard, Subvention, and Leasing)

  -Testing, inclusive of application submission, decisioning, and review of expected outcomes

  -Responsible for documenting all pass/fail summaries with appropriate screen shots and descriptions

  -Obtain sign off from impacted pricing managers for all executed testing

• Confirm test accounts are available for all ad hoc simulation testing, and coordinate simulation test runs with IT and business partners
• Provide coverage for Disaster Recovery and System upgrades
• Pricing exceptions/rate override reporting
• Back up for the ALG Book Load process and MRM (Maximum Residualized MSRP) methodology/setting
• Back up for management of LAZER (Usury Rate updates) changes
• Ad hoc portfolio performance analysis, inclusive of customer corrections impact analysis

Required qualifications, capabilities, and skills:

• 3+ years of Consumer Financial Services experience
• Bachelor’s degree required
• Working knowledge of SAS, Alteryx, and SQL
• Strong analytical skills, detailed oriented, with an understanding of the components of a P&L
• Excellent Computer Skills, including Word, Excel and PowerPoint
• Ability to work under pressure, highly organized, handle multiple tasks/complex projects while prioritizing to meet deadlines
• Strong communication and interpersonal skills/teamwork with track record of innovation, taking the initiative, collaboration, resourcefulness, flexibility, embracing change, and being a catalyst for change

Preferred Qualifications:

• 3+ years Auto Finance experience a strong plus
• Graduate degree a plus
• Experience in Control & Governance a strong plus

Additional Information

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT). This role is not eligible for relocation assistance.

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 may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, 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

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.

Lead end-to-end Auto pricing change execution in system: uploads, validation, monitoring, improving governance and lowering risk.