Acquisition and Strategy Risk [Multiple Positions Available]
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Job Location:
Wilmington, DE - USA
Monthly Salary:
Not Disclosed
Posted on:
16 hours ago
Vacancies:
1 Vacancy
Job Summary
DESCRIPTION:
Duties: Drive key risk indicators (KRIs) for card risk strategy by executing SAS code analyzing trends investigating deviations collaborating with strategy and product teams and refining KRI thresholds based on historical performance and risk appetite. Develop and maintain periodic analytics to provide senior management and stakeholders with full insight into emerging performance trends and the quality of the originated accounts. Analyze risk inputs and conduct research and analysis of the performance and profitability of existing strategies while working to ensure adherence to regulatory based initiatives procedural alignment with Risk Policy and a strong control environment. Analyze historical product performance by strategy segmentations and use analysis to design and implement forecasting methodologies leveraging statistical tools to ensure robust and explainable forecasts. Analyze economic model output and apply results to product forecasts determining the result of base stress and upside macro environments and how these scenarios will impact losses and investment profitability. Produce new account loss forecast for specialty groups within hotels and airlines by applying model driven methodologies evaluating assumptions and producing forecasts that inform product level investment decisions. Engage in cross functional collaboration with Risk Marketing Finance and Product teams to drive business results and support Investment Review Forum (IRF) with data driven analysis and clear risk initiatives. Monitor emerging portfolio performance against forecasted losses by conducting vintage-level back testing threshold breach analysis and attribution studies and recommend re- forecasting when necessary. Effectively present risk narrative and all analytical findings including root cause analysis and methodology approach and turn technical findings into compelling explanations to executive leadership through in-person and written forums. Provide analytical support to the strategy teams through risk ownership of swap-in and swap-out dataset generation and develop robust methodology algorithm and financially sound evaluation framework for credit risk strategies. Extract transform and visualize large datasets. Develop risk analysis framework that is consistent with the firms risk appetite framework.
QUALIFICATIONS:
Minimum education and experience required: Masters degree in Econometrics and Quantitative Economics Statistics Computer Science Data Science Finance or in a related field of study plus two (2) years of experience in the job offered or as Acquisition and Strategy Risk Card Risk Analytics Strategic Analytics Product Test Engineer or in a related occupation. The employer will alternatively accept a Bachelors degree in Econometrics and Quantitative Economics Statistics Computer Science Data Science Finance or in a related field of study plus four (4) years of experience in the job offered or as Acquisition and Strategy Risk Card Risk Analytics Strategic Analytics Product Test Engineer or in a related occupation.
Skills Required: This position requires experience with the following: utilizing Management Information Systems (MIS) controls and BCBS (Basel Committee on Banking Supervision) reporting controls to monitor new accounts performance; utilizing key performance metrics including outstanding balance delinquency roll rates net credit loss exposure score distributions and lending products within the credit card industry; utilizing credit card operational processes including manual underwriting portfolio management and collections that aid in understanding acquisition performance driver; utilizing SAS and SAS Viya for data retrieval manipulation and analysis; utilizing data step and SQL to query data for pattern exploration and applying statistical procedures including descriptive statistics correlation statistics regression analysis variance analysis and time series models; utilizing SAS and SQL macros for automation and iterations; using SQL to query data from data warehouse management and cleaning for analysis; using Tableau for data visualization dashboarding and navigating dashboards to build custom views; using P&L profit drivers to coordinate with finance teams to understand forecast impacts; using risk analytics techniques including vintage curves root cause analysis and risk-based segmentation; macroeconomic fundamentals including unemployment interest rates GPD and inflation; using risk metrics underwriting portfolio management credit strategy and product lifecycle to monitor loss forecasts and perform credit risk analysis; delivering recommendations to management to enhance risk control.
Job Location: 201 N. Walnut St Wilmington DE 19801.
Full-Time.
Key Skills
- Marketing
- Data Visualization
- Tableau
- Customer Segmentation
- Microsoft Powerpoint
- Investment Banking
- Strategic Planning
- Financial Modeling
- Customer relationship management
- Management Consulting
- Google Suite
- Analytics
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
