Risk Management - Auto Risk Acquisitions Strategic Analytics - Senior Associate

Testing Site - JPMC; Columbus (OH); On-site; USD 65,000 - 90,000; Full time

Job summary

JPMorgan Chase is seeking a Strategic Analytics Associate on the Auto risk team within Risk Management and Compliance. You will analyze originations and portfolio performance, develop standards, and perform analyses to reduce losses and guide credit strategy decisions.

Collaborate with cross-functional partners, transform data into actionable insights, and present recommendations to management to support responsible growth and robust risk controls.

Qualifications

• BS degree and 3+ years in Risk Management or other quantitative field.
• Background in statistics, econometrics, 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.
• Familiarity with risk analytic techniques and a deep understanding of the business to identify cause/effect relationships.
• Strong analytical and problem-solving abilities.
• Strong written and oral communication skills.
• Experience delivering recommendations to management.

Responsibilities

• 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.
• Acquire an understanding of the operational processes (e.g. underwriting, portfolio management, collections) which will aid in understanding acquisition performance drivers.
• Collaborate with cross-functional partners to understand and address key business challenges.
• Provide clear/concise oral and written communication across various functions and levels, inclusive of Operations, IT, and Risk Management.
• Work independently to successfully complete end to end process related to analytical tasks starting with problem identification, defining objectives, data discovery, synthesis and analysis of large & complex data points, formulating concise conclusions with actionable recommendations, and creating presentations to share findings and/or strategies.

Skills

Statistical analysis

SAS/SAS Enterprise Miner

Data querying

Communication skills

Problem solving

Management presentation experience

Education

Bachelor's degree

MS degree preferred

Tools

SAS

Job description

Bring your Expertise to JPMorgan 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 Strategic Analytics Associate on Auto risk team, you'll be responsible for analysis and oversight of originations and portfolio performance, developing and maintaining process standards and performing analysis to understand the drivers of credit performance with the objective of reducing losses, balancing risk reward tradeoff and influencing credit strategy decisions. Also requiring an understanding of competitive, market and strategic forces.

Job Responsibilities

• 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
• Acquire an understanding of the operational processes (e.g. manual underwriting, portfolio management, collections) which will aid in understanding acquisition performance drivers
• Collaborate with cross-functional partners to understand and address key business challenges
• Provide clear/concise oral and written communication across various functions and levels, inclusive of Operations, IT, and Risk Management
• Work independently to successfully complete end to end process related to analytical tasks starting with problem identification, defining objectives, data discovery, synthesis and analysis of large & complex data points, formulating concise conclusions with actionable recommendations, and creating presentations to share findings and/or strategies

Required qualification, skills and capabilities

• BS degree and minimum 3+ years Risk Management or other quantitative experience required
• Background in statistics, econometric, or other quantitative field required
• 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
• Familiarity with risk analytic techniques and a deep understanding of the business to identify cause/effect relationships.
• Strong analytical and problem-solving abilities
• Strong written and oral communication skills
• Experience delivering recommendations to management

Preferred qualification, skills and capabilities

• MS degree preferred
• Auto finance experience preferred