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  • 4 - 7 Years
  • Posted : above 1 month

Job Description:

Associate(601) - Core Modeling Req # 190070369

Location Bangalore East, KA, IN

Job Category Accounting/Finance/Audit/Risk

JP Morgan is a leading global financial services firm, established over 200 years ago

o We are the leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management

o We have assets of $25 trillion and operations worldwide

o We operate in more than 100 markets

o We have more than 243,000 employees globally

Our wholesale businesses include JP Morgans Asset Management, Commercial Banking and the Corporate & Investment Bank which provide products and services to corporations, governments, municipalities, non-profits, institutions, financial intermediaries and high-net worth individuals and families

Our corporate functions support the entire organization and include the following functions Accounting, Audit, Finance, Human Resources, Operations, and Technology

JP Morgan in India provides a comprehensive range of Corporate & Investment Banking, Commercial Banking, Asset & Wealth Management, and Corporate functions services and solutions to our clients, executing some of the most important financial transactions and providing essential strategic advice to our clients such as the government, large domestic and multi-national corporations, non-government organizations and financial institutions and investors India is a key market for JPMorgan Chase globally and our employees in India are a critical part of how we do business globally and are integrated within our businesses Our Global Service Centers (GSCs) are strategically positioned in Mumbai, Bangalore and Hyderabad to support the firms operations regionally and globally The centers provide comprehensive strategic support across technology and business operations processing to all lines of business and the corporate functions

Overview

As a member of Consumer and Community Banking (CCB) Card Modeling team, the individual will be responsible for

Designing, developing, implementing, and validating statistical models/ segmentations/strategies for CCB risk, providing analytic support and developing new criteria and/or strategies for CCB credit risk management

The responsibilities include compiling appropriate data, applying multidimensional data aggregation, performing profile analysis and evaluating impacts using optimization and/or classification algorithms

Analyze and interpret financial data using SAS and other statistical software in UNIX environment

Partner with internal teams to implement models/segments/tools into system and to support business execution and/or analytics on revenue growth and loss control will be responsible

Provide and present model results, insights and recommendation to senior management and partners using MS Office (ie PowerPoint, Word, and Excel)

JPMorgan Chase is an equal opportunity and affirmative action employer M/F/D/V

JPMC How We do Business Principles

JPMorgan Chase & Co has earned a reputation as an institution that maintains high standards of transparency and accountability Building and protecting that reputation requires commitment from everyone to make our firm the best it can be

In addition to fulfilling the skills and qualifications required for this role, the ideal candidate should possess the following personality traits

Integrity
Accountability
Collaborative
Respect
Community Awareness

Required Qualifications

Minimum of 4 years of relevant analytics/modeling experience Financial industry experience in credit card / debit card

Advanced degree (masters or above) in a quantitative subject, such as Mathematics, Operations Research, Statistics, Economics or Finance

Must have in-depth knowledge in applying regression methods, classification/decision tree algorithms, sequencing/association tools, pattern recognition and/or other fraud detection techniques for credit risk management decisions

Strong data handling, interpretive, and problem solving skills with the ability to process large volume of data and efficiently derive actionable results taking into consideration operational aspects and risk impacts

Experience in SAS and SQL in UNIX environment, database such as ORACLE/TERADATA

Excellent inter-personal and communication skills (both written and oral) are required, as the candidate will collaborate in a project-oriented environment in a matrix set up and present results to internal business clients and senior management

The candidate should possess an understanding of the risk management practices of consumer lenders

The candidate should be able to handle projects with a minimum of oversight and supervision and should be able to make contributions to the groups knowledge base by proposing new and valuable ways for approaching problems and projects

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Financial Services/Stockbroking
Functional Area : IT Software : Software Products & Services
Role : Software Engineer
Salary : As per Industry Standards
Deadline : 15th Mar 2020

Key Skills:

Company Profile:

Company
JPMorgan Chase & Coarfix

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