CCB Risk Strategy Analyst
Chase Consumer & Community Banking serves nearly 66 million consumers and 4 million small businesses with a broad range of financial services, including personal banking, small business banking and lending, mortgages, credit cards, payments, auto finance and investment advice. Chase is the No. 1 credit card issuer in the U.S., with 63 million credit cards in circulation. Risk management in Card is a critical function to control the risk and contribute to revenue generation.
We are actively seeking an associate to be a part of the Chase Card Risk Management strategy team. Opportunities are available in New Account Risk Management, Portfolio Risk Management and Collections Risk Management. As an associate you will be responsible for assessing and recommending changes to a strategies, policies and controls. You will ensure that the strategy drives strong financial performance, while maintaining strong risk controls. You will regularly meet with leaders and team members in Risk Management, Finance, Lending and Marketing to drive the business forward.
• Oversight of eligibility rules, strategy segmentation, and optimization.
• Partner with multiple business functions to ensure strategy is implemented accurately.
• Develop and apply mathematical or statistical techniques to collect, organize and interpret data from multiple sources; develop best in class risk strategies.
• Leverage advanced analytical techniques to build strategy segmentation including Clustering and Decision Trees. You will have ability to influence strategies.
• Develop and maintain reporting on strategy performance in a Test vs. Control environment. Follow a disciplined approach to ensure recommendations taken to Senior Management result in correct decisions.
• Develop and communicate creative solutions to business unit management in effective manner.
• Work with the execution team to implement, validate, and monitor the strategy quality and its performance; ensure robust control and governance to manage operational risk.
• A Bachelor's degree in a quantitative discipline (Finance/Statistics/Economics/Mathematics/Operations Research) or equivalent work/training is required. Master’s degree preferred.
• Strong P&L knowledge and understanding of profit drivers.
• Excellent oral and written communication skills.
• Ability to develop common-sense solutions to complex business challenges.
• Ability to logically structure analyses using strong analytical, interpretive and problem solving skills.
• Ability to translate complex analysis into concise presentations with sound business conclusions.
• Strong knowledge of SAS and SQL. Preferred knowledge in Python.