Risk Analyst

Published date: October 31, 2015

Job Description

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. Specifically, use information to evaluate and enhance fraud detection and prevention strategies. Enhance process automation through analytics. Interpret large amount of data to formulate problem statement, concise conclusions regarding underlying risk dynamics, trends, and opportunities. Develop, communicate, and implement optimal fraud prevention strategies (including rules, cutoffs, policies, operational flows). Identify key risk indicators and metrics, develop key metrics, enhance reporting, and identify new areas of analytic focus to better capture fraud. Provide subject matter expertise on strategy implementation/testing and initiatives related to the improvement of risk mitigation processes and infrastructure. Identify, evaluate and leverage external data sources and analytical solutions to enhance risk strategies. Collaborate with cross-functional partners to understand and address key business challenges.

Education: Master's degree in Statistics, Economics, Mathematics, Operations Research, or related quantitative field.

Experience: 6 months of work experience in job offered or 6 months of work experience in quantitative analyst or statistician-related occupation.

Special skills: Experience or education must include: 1. Data manipulation on large data sets (generally one million or more records ) using one of the following data processing software: SAS, SQL, R, MATLAB, or C. 2. Designing algorithms to process large data and perform analyses while optimizing computational efficiency under UNIX and PC environment by using one of the following data processing software: SAS, SQL, R, MATLAB, or C. 3. Performing statistical analysis and reporting statistical metrics and charts using one of the following data processing software: SAS, SQL, R, MATLAB, or C. 4. Developing, using, and validating advanced statistical and data-mining models, including linear regression, generalized linear regression, neural network, and decision trees. 5. Programming advanced statistical models into data processing software using one of the following programs: SAS, SQL, R, MATLAB, or C. 6. Effectively presenting results of statistical analyses to individuals of different backgrounds.
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.

Employment Type: Full Time
Minimum Experience: Mid Level


Related listings

  • Business Analyst
    Business Analyst
    Finance - - July 16, 2015

    The Control/MIS Analyst will provide MIS and project support as well as Quality oversight to enable BQC to meet our business goals. Current business objectives include internal error rate targets, service level targets and cross training, volume/capa...

  • Finance managemen
    Finance managemen
    Finance - - March 26, 2015

    Leyard American Corporation (Leyard US) is a subsidiary of Leyard OptoElectronics Co., Ltd (Leyard), a Chinese Public company listed in Shenzhen stock exchange (300296) . Leyard is a fast growing company with over $200m in sales in 2014 and market ca...

  • Data Scientist
    Data Scientist
    Finance - (Delaware) - March 20, 2015

    Description Capital One is a diversified bank that offers a broad array of financial products and services to consumers, small business and commercial clients. Ranked #127 on the Fortune 500, Capital One has one of the most widely recognized brands i...