Business Lending Risk Analytics - Senior Associate

Responsibilities

• Conduct thoughtful analysis of borrowers, their demographics, and risk/profit performance with the firm's products
• Generate strategic recommendations for strategy development based on quantitative analytics and business intuition
• Strategies are optimized to maximize profitability while minimizing risk
• Acquire an understanding of the operational processes (i.e. manual underwriting, portfolio management, collections, etc.) which will aid in understanding portfolio and collection performance drivers
• Develop and maintain periodic reporting and analytics on key portfolio performance metrics and collection performance metrics to provide management with emerging trends
• Conduct ad hoc analytics and contribute to various projects representing Risk Management
• Perform pre-implementation and post-implementation testing & analysis to ensure strategic changes produce expected impacts
• Maintain an 'audit-ready' state by keeping organized documentation, following established control processes, and developing draft responses to internal audit and regulatory questions

Requirements

• Bachelor's degree with minimum 5 years of professional experience related to risk management or other quantitative field of work
• Advanced understanding of SAS, SAS Enterprise Miner, or other decision tree software
• Ability to query large amounts of data and transform the raw data into actionable management information and insights
• Strong knowledge of US lending and debt collection regulations and practices
• Strong problem solving skills
• Strong written and verbal communication skills

Preferred Qualifications, Capabilities And Skills

• Master's degree with minimum 3 years of professional experience related to risk management or other quantitative field of work
• Intellectually curious and driven to identify meaningful insights using a data guided approach
• Experience delivering recommendations to management

About Us

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, 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.

About The Team

Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We're proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions – all while ranking first in customer satisfaction. Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.