Quantitative Modeling

DESCRIPTION:

Duties: Design, develop, test and validate statistical/economic models for portfolio risk, including probability of default, loss given default, and exposure at default as well as other risk components. Utilize state-of-the-art modeling techniques including both classical statistical modeling approaches and modern machine learning approaches to enhance existing models and tackle challenging modeling problems. Manage end-to-end model development process, including data manipulation, exploratory data analysis and pattern discovery, model development and refinement, documentation, assisting with implementation, and performance monitoring. Collaborate with cross functional partners in Risk, Finance, Technology, and Model Governance throughout the entire modeling lifecycle.

QUALIFICATIONS:

Minimum education and experience required: Master's Degree in Statistics, Mathematics, Econometrics, Finance, or related quantitative field of study plus 2 years of experience in the job offered or as Quantitative Modeling or other relation occupation.

Skills Required: Requires experience in the following: statistical, econometric, and machine learning applicable to credit risk modeling in consumer financial products; one of the following modeling areas: CCAR, CECL, BASEL, risk appetite, or RWA; modeling and simulation methods including numerical methods, logistic regression, generalized linear models, multinomial regression, spline regression, snapshot sampling, clustering analysis, survival analysis, decision tree, random forest, time series analysis, and panel data analysis; using advanced functional programming including SAS, SQL, Python and R to develop models and implement forecasting engine; UNIX; Linux Shell Scripting; cloud and database query tools including Oracle, DB2, Teradata and HIVE; analyzing and processing big data and presenting modeling analytical findings and methodology to support business functions.

Job Location: 1111 Polaris Parkway, Columbus, OH 43240. Telecommuting permitted up to 40% of the week.
 

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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.

JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans