JPMorgan Chase CCB - Risk-Core Mortgage Modeler - Assoc in Plano, Texas
JPMorgan Chase & Co . (NYSE: JPM) is a leading global financial services firm with 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 http://www.jpmorganchase.com/ .
Our Firmwide Risk Function is focused on cultivating a stronger, unified culture that embraces a sense of personal accountability for developing the highest corporate standards in governance and controls across the firm. Business priorities are built around the need to strengthen and guard the firm from the many risks we face, financial rigor, risk discipline, fostering a transparent culture and doing the right thing in every situation. We are equally focused on nurturing talent, respecting the diverse experiences that our team of Risk professionals bring and embracing an inclusive environment.
Chase Consumer & Community Banking (CCB) s erves consumers and 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. Consumer & Community Banking Risk Management partners with each CCB sub-line of business to identify, assess, prioritize and remediate risk. Types of risk that occur in consumer businesses include fraud, reputation, operational, credit, market and regulatory, among others
The Mortgage ModelingAssociate will be a key member of the Risk Core Mortgage Modeling and Analytics team. The successful candidate will have an opportunity to use their experience with data manipulation, query efficiency techniques, reporting, and automation.
Additionally, the candidate will build a solid understanding of Chase Mortgage Banking businesses, functions, systems, data environments, and processes that are necessary for the production and utilization of data.
Responsibilities will include:
Designing, developing, testing, and maintaining analytic applications neededfor modeling, forecasting and model performance monitoring
Assisting the model development team withday to day analytics, analysis, and ad hoc work
Analyzing model results to identify andrecommend improvement opportunities
Creatingand maintaining technical and user documentation
Trainingcustomers on how to install and/or use custom built applications and datarepositories
Developingand producing quarterly reporting deck highlighting forecast accuracy andportfolio trends for user testing monitoring
The candidate must have an educational background in quantitative discipline. A MS or PhD is preferred.
The candidate must have a sound understanding of data processing and reporting, as well as the tools used to access data and to produce reports. Knowledge and experience in statistical or econometric modeling is a significant plus. The candidate also must have the ability to partner with customers inside and outside of the department to understand their needs and to assist them in utilizing available tools and data. The ideal candidate will possess both strong technical skills and an understanding of real estate lending.
3+years of related analytical experience
3+years experience designing and developing efficient SAS code for use inautomated/distributed data processing systems on UNIX basedplatforms. SAS programming is a must.
Experiencewith UNIX shell scripting
In addition toSAS, strong Excel, Access, Power Point, SharePoint and data mining skillsprogramming skills are also preferred
Abilityto synthetize disparate data sources into actionable information
Experiencewith C++ would be helpful
Strongorganization and time management skills. Must have the abilityto deliver high-quality results under tight deadlines and be comfortablemanipulating and summarizing large quantities of data. Should have good multi-tasking skillswith demonstrated ability to manage expectations and deliver results.
High level ofprofessionalism, self-motivation, and sense of urgency
Knowledgeof version control tools and processes (Subversion, CVS, Clear Case, etc.)
Knowledge of the mortgage lending lifecycle includingorigination, sale/servicing, default management/loss mitigation, creditrisk modeling and loss forecasting methodology is a major plus
Mustbe able make contributions to the group’s knowledge base by proposing newand valuable ways for approaching problems and projects. Teamwork andfirst-rate communication skills (written and verbal) are key to this role
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.