Description: - The ICB (International Consumer Bank) business within JP Morgan has grown significantly since its launch in 2021, and we expect the business to expand further over the next few years. Join the expansion of the Chase digital bank across the UK and Europe and help us continue to build our award-winning bank. - In this role you will be responsible for development of models and will be able to build a solid understanding of various consumer products and key risk drivers for statistical credit models of those products and ensure that we are able to synergize use of vendor models. - You will also have an opportunity to use your experience with econometric/statistical modeling, data manipulation, query efficiency techniques, reporting and automation. - If you are intellectually curious and have a passion for driving solutions across organizational boundaries, you may be the perfect fit for our team. Job Responsibilities: - Evaluate, test, and validate vendor models for their effectiveness to address the business proposition being evaluated (typically credit risk) as well as other risk components. - Understand/evaluate efficiency of state-of-the-art modeling techniques including both classical statistical modeling approaches and modern machine learning approaches to enhance existing models and tackle challenging modeling problems. - Manage end-to-end model development process, including data sourcing, manipulation, exploratory data analysis and pattern discovery, documentation, assisting with implementation, and performance monitoring. - Collaborate with cross functional partners in Risk, Finance, Technology, Model Governance throughout the entire modeling life cycle. - Interact with third party vendors and making sure Chase can gain maximum synergies on use of these vendor models. Required qualifications, capabilities, and skills: - Advanced degree in a quantitative discipline (e.g., Mathematics, Statistics, Economics, Computer Science, Operations Research) with 6+ years of relevant working experience; Doctoral degree is preferred. - Strong data analysis and statistical/economic modeling experience, such as generalized linear models, multivariate analysis, and time series analysis. - Proficiency in advanced analytical languages (e.g., SAS, Python, R); Familiarity with framework of machine learning pipeline (e.g., tensor flow, scikit-learn) is not required but a plus. - Ability to work with large data and perform extensive analysis to draw useful insights. - Strong communication skills to present to and collaborate with business partners and model end-users. - Strong organizational and multi-tasking skills with demonstrated ability to manage expectations and deliver quality results on time. - Comfortable working both independently and in a team environment. Preferred qualifications, capabilities, and skills: - Knowledge of vendor management/ similar experience in past is very useful JPMorgan Chase & Co., 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 over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management. We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation. Note : For your candidature to be considered on this job, you need to apply necessarily on the company's redirected page of this job. Please make sure you apply on the redirected page as well.

Bangalore

JP Morgan Chase - Associate - International Consumer Banking Risk Model Development/Vendor Models 

Job Description for JP Morgan Chase - Associate - International Consumer Banking Risk Model Development/Vendor Models  in JP Morgan Chase in  Bangalore for (6-10) years of experience. Apply Now!