Jobs and Careers
JP

Senior Quantitative Analytics Associate

JPMorgan Chase & Co.
Wilmington, United Statesfull_timeVerifiedPosted 11 Sept 2024

About the role

Are you interested in joining a dynamic team? Become a Senior Quantitative Analytics Associate on our Consumer and Community Banking (CCB) Point of Sale Fraud Strategy team to help prevent fraudulent transactions. Experiences, learnings, and connections in this role will give you strong basics for your growth in the firm and industry. In order to excel, you'll be highly motivated, highly analytical, extremely detail oriented, and an exceptional problem solver who takes pride in being part of an organization that owns customer issues from beginning to end and delivers a great customer service. 

As a Senior Quantitative Analytics Associate in the Credit Point of Sale Fraud team, you will manage fraud risk strategies in the Fraud Strategy area and perform complex risk analyses with the objective of reducing fraud related losses while balancing customer impact. You will frequently interact and communicate with cross-functional partners and present to managers and executives. This role provides an opportunity to be part of a dynamic team that is instrumental in protecting the bank from fraud related losses and improving customer experience at Point of Sale.

Job responsibilities:

  • Interpret big and complex data to formulate problem statement, concise conclusions regarding underlying risk dynamics, trends, and opportunities
  • Manage, develop, communicate, and implement optimal fraud strategies (including rules, cutoffs, policies, operational flows, etc.) to protect the bank from fraud related losses and improve customer experience at Point of Sale
  • Identify key risk indicators and metrics, develop key metrics, enhance reporting, and identify new areas of analytic focus to better capture fraud.
  • Provide subject matter expertise on strategy implementation/testing and initiatives related to the improvement of risk mitigation processes and infrastructure
  • Collaborate with cross-functional partners to understand and address key business challenges
  • Identify business opportunity by performing well thought analysis – Data mining, ensuring data integrity, synthesizing and communicating findings to senior management
  • Assist team efforts in the critical development of new fraud pattern or spending pattern detection tools while providing clear/concise oral and written communication across various functions and levels, inclusive of Operations, IT, and Risk Management

Required qualifications, capabilities, and skills:

  • BS degree in a quantitative field or 6 years risk management or other quantitative experience
  • Background in statistics, mathematics, or other quantitative field 
  • Advanced understanding of Python, SAS, and SQL
  • Query large amounts of data and transform the raw data into actionable management information
  • Strong analytical and problem-solving abilities
  • Experience delivering recommendations to management
  • Self-starter with ability to drive for resolution
  • Strong communication and interpersonal skills with ability to interact with individuals across departments/functions and with senior-level executives

Preferred qualifications, capabilities, and skills:

  • MS degree in a quantitative field or 4 years risk management or other quantitative experience
  • Background in statistics, mathematics, or other quantitative field 

This role does offer visa sponsorship.

Schedule: Hybrid Monday thru Friday 8:00am to 5:00pm

This is a Hybrid position which will require the incumbent to commute/work on site 3 days a week and work from home 2 days a week.

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, discretionary incentive compensation which may be 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 b

Apply for this role

Generate a tailored application kit with a matched cover letter, interview prep, and CV highlights — in under 60 seconds.

Apply Now →Generate Application Kit

Free account required — sign up in 30s

Company

JPMorgan Chase & Co.

View company profile →