Quant Analytics-Pricing Governance & Control - Senior Associate

JPMorgan Chase & Co.; Plano (TX); On-site; USD 90,000 - 120,000; Full time

Job summary

JPMorgan Chase & Co. in Plano, TX, seeks a Governance & Control Pricing Associate in Auto Finance to execute pricing changes in our Pricing systems (CPE and LAZER), with responsibility for validation, monitoring and governance, bridging Technology and Pricing, and supporting critical pricing initiatives with strong controls.

You will prepare business requirements, test plans, scripts, and perform full test execution, manage dealer fee table changes, and back up key processes like LAZER updates

Qualifications

• 3+ years of consumer financial services experience.
• Bachelor’s degree required.
• Working knowledge of SAS, Alteryx, and SQL.
• Strong analytical skills and understanding of P&L components.
• Proficient with Word, Excel and PowerPoint.
• Ability to manage multiple tasks and meet deadlines.
• Excellent communication and teamwork with change agility.

Responsibilities

• Manage pricing system execution and testing of all pricing changes.
• Manage dealer fee table changes.
• Participate in key pricing initiatives impacting business.
• Create BRDs, test plans, scripts, and full test execution for pricing updates.
• Coordinate testing artifacts and obtain sign-off from pricing managers.
• Ensure test accounts and coordinate simulation tests with IT and business partners.
• Provide DR coverage and system upgrade support.
• Prepare pricing exception and rate override reporting.
• Back up for LAZER Usury Rate updates and ALG Book Load process.
• Ad hoc portfolio performance analysis including customer corrections impact.

Skills

SAS

Alteryx

SQL

Education

Bachelor’s degree

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.