Associate – Strategic Analytics (Collections)

  • Company:
    JPMorgan Chase
  • Location:
  • Salary:
    negotiable / month
  • Job type:
  • Posted:
    3 weeks ago
  • Category:
    Business / Mgmt

J.P. Morgan is a leading global financial services firm, established over 200 years ago:
We are the leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management.
We have assets of $2.5 trillion and operations worldwide
We operate in more than 100 markets.
We have more than 243,000 employees globally.
Our wholesale businesses include J.P. Morgan’s 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.
J.P. 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 Centres (GSCs) are strategically positioned in Mumbai, Bangalore and Hyderabad to support the firm’s operations regionally and globally. The centres provide comprehensive strategic support across technology and business operations processing to all lines of business and the corporate functions.
Chase Consumer Community Banking serves nearly 66 million consumers and 4 million small businesses with a broad range of financial services through our 137,000 employees. Consumer Community Banking Risk Management partners with each CCB sub-line of business to identify, assess, prioritize and remediate risk. Our Risk Management professionals work directly with Consumer Banking, Business Banking, Auto/Student Loan, Card and Commerce Services, Chase Wealth Management and Mortgage Banking to minimize, monitor and control the probability of risk events and mitigate the impact of risk events that do occur.
The Credit Risk Manager/Leader is responsible for managing risk strategy policies, developing and maintaining MIS reports and other process standards and performing complex activities related to improving collections performance. The candidate will be responsibility for managing collections for cards (or) overdraft portfolio, making decisions recommendation based on risk-return analysis, directly manage business partner relationship. The role would involve project management responsibilities, thought leadership to execute projects.
Partner with cross-functional teams to drive card and overdraft collection strategies
Learn demonstrate thorough understanding collections process
Thorough understanding of Cards PL
Demonstrate maturity and grit to own end-to-end collection strategies functionally with opportunity to drive significant loss save
Ability to logically think, understand identify root cause to solve business problems
Logically challenge status quo and drive innovation by trying new data techniques
Partner and present findings to senior business leaders including CRO
Bachelor’s degree in a quantitative discipline from Tier 1 institute; Math, Finance, Statistics, Economics or MBA from Tier 1 institute. Advanced degree is preferred.
Minimum of 6 years of related analytical experience
In depth knowledge of credit risk capabilities, metrics, and strategy
Strong analytical, technical and statistical skills. Ability to synthesize / analyse diverse information, develops recommendations, and makes decisions
Strong communication and interpersonal skills, ability to interact with individuals across departments / functions and with senior-level individuals
Proven record in problem solving and business innovation
Project Management Skills — well-organized, structured approach. Ability to manage and prioritize projects across cross-functional groups
Ability to achieve tight timelines on complex deliverables
Strong knowledge and understanding of financial services
Strong knowledge of SAS, SQL, Excel and other analytic tools required
Highly proficient in Microsoft Office suite of products
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:
•Community Awareness