Business Analyst [Multiple Positions Available]
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Job Location:
Chicago, IL - USA
Monthly Salary:
$ 115700 - 115700
Posted on:
16-10-2025
Vacancies:
1 Vacancy
Department:
Job Summary
DESCRIPTION:
Duties: Analyze payment network industry rule debit card and credit card issuing and acquiring compliance merchant and consumer data driving card issuing and acquiring cost strategy. Design develop and deploy comprehensive dashboard solutions. Define metrics and performance indicators critical to monitoring card network processing expenses and merchant discount rate making actionable recommendations to payment network office relationship managers. Build analytical decks for senior leadership synthesizing key performance metrics and actionable insights on network expense trends. Conduct data analyses using high- volume multidimensional datasets to develop international network strategies. Design and implement artificial intelligence and machine learning models to automate operational processes including the downloading reconciliation and analysis of network expense invoices across all product lines. Design forecasting models to estimate payment transaction volume and network expense; build incentive models to optimize revenue and evaluate volume incentive agreements. Build payment network invoice databases and define mapping tables. Establish data validation frameworks to detect and address discrepancies in network-related datasets. Conduct root cause analyses to identify systemic issues and develop enhanced processes that mitigate risks and ensure data integrity. Optimize and restructure existing data environments to improve performance and scalability. Replace inefficient processes with high-speed automated workflows. Automate outdated reporting systems including those used for billing aggregation issuing analysis marketplace tracking and fines and penalty reporting. Conduct proactive reconciliation of ICAs BINs and other card network identifiers including identifying active usage and gaps. Partner with product teams to gather requirements extract implicit needs and conduct root cause analyses to address underlying challenges. Provide insights into business line performance and identify solutions to existing challenges.
QUALIFICATIONS:
Minimum education and experience required: Masters degree in Finance Financial Management Data Science or related field of study plus 1 year of experience in the job offered or as Business Analyst Business Intelligence Analyst or related occupation. The employer will alternatively accept a Bachelors degree in Finance Financial Management Data Science or related field of study plus 3 years of experience in the job offered or as Business Analyst Business Intelligence Analyst or related occupation.
Skills Required: This position requires experience with the following: Performing data manipulation and analysis using SQL Python and Excel including VLOOKUP INDEX MATCH and VBA; Conducting financial analysis advanced modeling and root cause analysis to identify financial discrepancies growth opportunities and insights on payment revenue and network expenses; Developing predictive analytics models to forecast merchant sales and expense impacts; Creating interactive dashboards for data visualization and analysis using Tableau; Applying analytical and operational processes for interchange payment schemes credit and debit cards digital wallets account updating and tokenization; Developing and implementing incentive models and scenario analysis to optimize revenue; Enhancing existing data and operational processes including billing operation reconciliation reporting workflows and project management; Automating data collection cleaning and analysis processes using SQL and Python; Creating new datasets and tables using SQL and Python; Maintaining network product performance and settlement processes with global payment partners; Developing models to validate billing data; Identifying discrepancies and resolving data integrity issues; Performing expense reconciliations including checking for accuracy and resolving record mismatch issues; and Reconciling SAP journal entries.
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 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 addition please visit: Location: 10 South Dearborn St Chicago IL 60603
Full-Time. Salary: $115700 - $115700 per year.
Required Experience:
IC
Key Skills
- SQL
- Agile
- Business Analysis
- Visio
- Waterfall
- Business Process Modeling
- Requirements Gathering
- User Acceptance Testing
- Business requirements
- SDLC
- Systems Analysis
- Data Analysis Skills
About Company
JPMorganChase, 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 ov ... View more
