Risk Management – Acquisition and Strategy Risk Associate

JPMorgan Chase & Co.; Masonboro (NC); On-site; USD 85,000 - 110,000; Full time

Job summary

JPMorgan Chase & Co. in the United States is seeking an Acquisition and Strategy Risk Associate to support risk strategy, channel marketing, and CFO teams.

The role focuses on developing acquisition loss forecasts, using historical trends and forward-looking data to guide investment decisions and strategy execution. The position involves data analysis, strategy development, financial evaluation, and implementation support within Risk Management and Compliance.

Qualifications

• BS degree and 2+ years in risk management or quantitative field.
• Strong SQL and Python skills, with Excel and Tableau.
• Ability to query large datasets and transform into actionable insights.
• Experience delivering recommendations to management.
• Familiarity with SAS or decision-tree tools.

Responsibilities

• Analyze historical product performance by strategy segmentations and forecast future performance.
• Analyze economic model output and apply results to quarterly forecasts and stress scenarios.
• Assess risk inputs and research profitability of existing strategies with regulatory alignment.
• Provide analytical support to strategy teams for robust methodology and evaluation.
• Develop risk analysis framework aligned with the firm’s risk appetite.

Skills

SQL

Python

Statistics

Data analysis

Excel

Communication

Education

BS degree

Tools

Alteryx

Tableau

SAS Enterprise Miner

Job description

Job Description

Bring your expertise to JP Morgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a Risk Management – Acquisition and Strategy Risk Associate, you will be part of a team that supports the firm’s Risk Strategy, Channel Marketing, and CFO teams in running a world-class organization. You will be responsible for the development of acquisition loss forecasts, applying historical trends and forward looking economic data to drive firm investment and strategy decisions. This includes data analysis, strategy development, financial evaluation, and supporting strategy implementation.

Job Responsibilities

• Analyze historical product performance by strategy segmentations, use the analysis to forecast future performance, and deep dive into underlying trends driving performance variation
• Analyze economic model output and apply results to quarterly forecasts, determining the result of base, stress, and upside macro environments and how these scenarios will impact losses and investment profitability
• Analyze risk inputs and conduct research and analysis of the performance and profitability of existing strategies while working to ensure adherence to regulatory based initiatives, procedural alignment with Risk Policy and a strong control environment.
• Provide consistent framework to assess loss and profitability dynamics associated with credit decisions in normal as well as stressed economic scenarios.
• Provide analytical support to the strategy teams in developing robust methodology, algorithm, and financially sound evaluation framework for credit risk strategies.
• Utilize knowledge of risk modeling, profitability modeling, and relevant statistical knowledge to develop risk analysis framework that is consistent with the firm’s risk appetite framework.
• Partner closely with other strategy areas of Risk, Marketing, and Finance to coordinate integration of risk appetite framework into credit strategies.
• Develop and maintain periodic analytics to provide management with full insight into emerging trends and the quality of the originated accounts
• Attain a detailed understanding of key performance metrics and profitability drivers, enabling the delivery of insights encompassing the full account lifecycle
• Conduct ad hoc analytics and contribute to various projects representing Risk Management
• Build deep relationships with business partners across the firm and will be expected to interact with key clients and cobrand partner leadership teams

Required Qualifications, Capabilities and Skills

• BS degree and minimum 2 years Risk Management or other quantitative experience required
• Background in statistics, econometric, or other quantitative field required
• Strong SQL and Python coding skills, Excel, Microsoft PowerPoint, Alteryx and Tableau skills
• Ability to query large amounts of data and transform the raw data into actionable management information
• Familiarity with risk analytic techniques preferably in strategy development and loss forecasting
• Strong analytical and problem-solving abilities
• Strong written and oral communication skills
• Experience delivering recommendations to management

Preferred Qualifications, Capabilities and Skills

• Familiarity with current analytical techniques, e.g. regression, decision trees, and segmentation techniques
• Advanced understanding of SAS, SAS Enterprise Miner, or other decision tree software

About Us

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

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.