Corp F&bm Transformation Quant/ Statistical Modeling Analyst

Year    Bangalore, Karnataka, India

Job Description

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About the Employer

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 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. 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.

Global Finance & Business Management ("GF&BM") India is a combined Line of Business-aligned (LOB-aligned) finance & business support team located in India and is part of JPMorgan's global capability center (GCC). We are part of the Office of the CFO (OCFO) organization within JPMorgan, which has 13000+ people across the globe, majority of whom are tasked with managing the firm's Finance function, responsible for reporting quarterly earnings and complying with regulatory requirements along with managing the firm's capital.

GF&BM India was established in September 2002 and currently we have a network of more than 3400+ professionals based out of our Mumbai, Bengaluru and Hyderabad offices who support four main "pillars" of work - Controllers, Planning & Analysis, Finance Operations and Business Client & Products. The teams in India are aligned to the respective LOBs that they support which include Corporate and Investment Banking (CIB), Commercial Banking (CB), Consumer and Community Banking (CCB), Asset & Wealth Management (AWM) and Corporate/Firmwide functions. The scale, depth & diversity of GF&BM India provides its employees extensive opportunities to learn and move within the organization, thereby gaining rich experience to build a long-term career with the firm.

We have a strong culture that embodies the principles that guide us in how we do business across the firm. We strive to create a workplace that values and respects individual viewpoints, while at the same time challenging the status quo to make continuous improvements in our processes.

JPMorgan is an equal opportunity employer and places high value on diversity and inclusion. We recognize that our people are our strength and diversity of thought and practices makes us more successful.

About the Team

The Finance & Business Management (F&BM) Transformation group within the Office of the CFO (OCFO) partners with Financial Analysis, Treasury and Controllers to build scalable, end-to-end solutions. F&BM Transformation also works with Corporate Technology to design and build capabilities & apply solutions that elevate the way we provide financial & business information and insights across a range of key deliverables inclusive of monthly, quarterly and ad-hoc financial reporting, budgeting & forecasting and capital stress testing, macroeconomic scenario design and execution, and the business development of our financial infrastructure. Further, we work with all Lines of Business across the firm's ~$3T balance sheet:

Consumer & Community Banking, which includes Consumer & Business Banking, Home Lending, Credit Card & Auto

Corporate & Investment Banking, which includes Markets, Investment Banking, Wholesale Payments and Securities Services

Commercial Banking

Asset & Wealth Management

Treasury CIO and Corporate

Our purpose is to innovate & deliver solutions to challenging problems and drive sustainable change, and we are looking to add new team members that can bring a unique blend of business and technical knowledge & skills to turbo-charge our momentum. Join our team and transform the way we work to make a difference.

About the Role:

This job offer is for an analyst position in the F&BM Transformation Quantitative Research Center of Excellence (QR COE). QR COE partners with Line of Business and Corporate teams to conduct in-depth statistical and economic analysis on data assets to develop model methodologies for various business purposes including capital stress testing, budgeting and ad-hoc analytics. The person will analyze existing technical documentation, gain access to estimation input data and assumptions, and experiment to create statistical/mathematical models. The person will also be responsible for creating documentation supporting any newly created approaches and for preparing for independent model reviews. This position provides a rare opportunity for motivated candidates to learn about forecasting methodologies across various banking and markets products and to understand the end-to-end process from estimation design to implementation.

Responsibilities:

Design and develop new Statistical/Econometric models or re-develop the existing ones to meet business needs

Partner with subject matter experts to understand complex business concepts and to apply various quantitative techniques

Document models as required and manage the end-to-end independent model review process

Partner to automate models that have been designed onto the firm's forecasting platform

Requirements:

Master Degree in Statistics or Economics; advanced degree is a plus

Work experience in statistical modeling, macroeconomic variable related work, risk management, or a related field

Proven ability to apply mathematical and statistical techniques in the development of models

Experience in performing large dataset quality checks and analytics using Python, R programming skills

Analytical and problem-solving skills and attention to details

General knowledge of banking products and services a plus

Ability to work in a fast paced, results driven environment

Good organizational, written and communication skills

Experience in partnering with business and technology to drive strategic projects

About Us:

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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

About the Team: Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.

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Job Detail

  • Job Id
    JD2972654
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year