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Risk Management - Modeling Analytics Senior Associate jobs in United States
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Chase · 13 hours ago

Risk Management - Modeling Analytics Senior Associate

Chase is a leading financial services firm dedicated to helping individuals and businesses achieve their financial goals. The Risk Management - Modeling Analytics Senior Associate will be responsible for leading the production of credit reserve loss forecasts and analyzing emerging risks to support decision-making across the firm.
BankingFinancial Services

Responsibilities

Lead production of the credit reserve loss forecast for Chase’s Auto Finance portfolio
Analyze underlying reasons and quantification of emerging risk inclusive of macro-economic trends and industry risk
Work with Finance, Collections, and Risk strategy to understand changes in the portfolio or strategies and apply overlays as needed
Work with Risk modeling team to make sure model is working as desired and provide inputs for the improvement on a regular basis
Create presentations for the senior management and present the forecast with a clear storyline and data support
Enhance consistency and efficiency across existing processes and reporting to meet changing needs of the business
Be self-motivated individual with ability to work on multiple projects with limited guidance
Mentor and coach junior analysts to help them develop their risk management skills and loss forecasting knowledge
Partner closely with other strategy areas of Risk, Modeling, Marketing, Finance, Legal & Compliance to coordinate integration of risk appetite framework into credit reserve strategies
Support launch of new products and channels by evaluating potential credit reserve scenarios given loss projections
Support ongoing internal and external audits by maintaining strong controls and documentation

Qualification

Loss forecastingStatistical modelingCredit risk managementData miningSASSQLPythonExcelAnalytical skillsIndependent decision-makingCommunication skillsInterpersonal skillsCreative thinking

Required

5+ years of relevant loss forecasting, statistical modeling, credit risk management or related analytical experience
Bachelor's degree in a quantitative discipline (e.g. Finance, Mathematics, Statistics, Economics), or related field
Strong analytical and problem-solving skills
Strong communication skills to present to and collaborate with business partners and model end-users and interpersonal skills a must including the ability to explain and/or present analysis
Ability to think outside the box to tackle emerging risk and help influence and shape decisions for senior executives
Data mining skills, specifically: SAS, SQL, Python, Excel, Microsoft Office, and database software applications
Flexible and able to handle multiple tasks and a changing environment
Independent decision-making skills
Demonstrated experience in applying analytics to solve business problems efficiently and pragmatically through structured problem-solving approaches

Preferred

Prior financial services experience in credit card, home lending or auto preferred
Advanced decree considered
Knowledge of consumer credit risk management; Auto business preferred

Benefits

Comprehensive health care coverage
On-site health and wellness centers
A retirement savings plan
Backup childcare
Tuition reimbursement
Mental health support
Financial coaching

Company

Chase provides broad range of financial services. It is a sub-organization of JP Morgan Chase.

Funding

Current Stage
Late Stage

Leadership Team

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Mike McDonnell
Managing Director, Head of Chase Travel Platform Product
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Nicole Sanchez
Managing Director, Consumer Bank, GM and Product Executive, Growth Financial Products
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Company data provided by crunchbase