Risk Management - Risk Strategy and Execution - Associate

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 member of the Risk Pricing Team in Chase Auto, you will be responsible for monitoring and optimizing existing pricing loss strategies while driving innovation to support better risk-based pricing decisions for customers in a price-sensitive, highly competitive environment.

 

Job Responsibilities:

• Work both independently and collaboratively to complete 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 pitch findings and/or strategies
• Liaise with the credit policy team to better understand the relationship between pricing and credit policy as both teams work to optimize originations strategies
• Develop lasting partnerships with Business Operations, Finance, Product/Pricing, Collections, and IT teams to successfully implement pricing strategies
• Help maintain an inventory of industry and competitor insights to better understand how the portfolio is positioned relative to other lenders, and using this information to drive meaningful pricing optimization insights
• Participate in ad hoc requests for senior management including preparing talking points for investor meetings/presentations
• Provide pricing subject matter expertise on business initiatives across Chase Auto

 

Required Qualification, Capabilities and Skills:

• BA/BS in Finance, Economics, Statistics or related field with 2-4 years of related experience or professional designation
• Excellent quantitative and analytical problem solving skills
• Strong statistical / data mining skills and experience with tools like SAS, R, Python and proficiency in Microsoft Office applications
• Adept at written and oral communication skills as the job entails owning analyses and communicating results
• Candidate must have the ability to comprehend complex concepts in a fast-paced, dynamic environment and clearly and concisely articulate key recommendations
• Strong judgment, professional maturity and personal integrity
• Willing to ask tough questions and challenge the status quo 
• Strong presence, comfortable interacting with and presenting to all levels of management

 

Preferred Qualifications, Capabilities and Skills:

• Advanced degree in Finance, Economics, Statistics or related field with 2-4 years of related experience; professional designation is preferred

 

 

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).

 

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 t