Cards Finance - Associate - Lending Innovation

Location: Bengaluru, Karnataka, India

Job Family: Financial Analysis

About the Role

At JP Morgan Chase, we are at the forefront of financial innovation, and our Cards Finance team is driving the future of lending through cutting-edge strategies. As a Cards Finance Associate in Lending Innovation, based in our Bengaluru office, you will join a dynamic Card Investment team dedicated to evaluating the financial implications of transformative lending initiatives. This role offers the opportunity to contribute to high-impact projects that shape the evolution of credit card products, leveraging your expertise in financial analysis to support JP Morgan's position as a global leader in consumer banking. You will work closely with innovators across the organization to ensure that new lending models are not only feasible but also financially sound, aligning with our commitment to sustainable growth and customer-centric solutions in the competitive financial services landscape. Your primary focus will be on building sophisticated financial models to project outcomes of lending innovations, such as AI-enhanced credit decisioning or alternative data utilization in underwriting. You will analyze vast datasets to identify risks and opportunities, conducting scenario planning to forecast impacts on revenue, costs, and capital requirements. Collaborating with risk management, product development, and technology teams, you will provide actionable insights that inform strategic decisions, ensuring compliance with rigorous regulatory standards like those from the RBI and global bodies. This position demands a blend of quantitative rigor and strategic thinking, allowing you to influence the direction of JP Morgan's lending portfolio while gaining exposure to the latest trends in fintech and digital banking. Joining JP Morgan Chase means becoming part of a world-class institution that values innovation, integrity, and inclusion. In Bengaluru, our state-of-the-art campus provides a vibrant environment for professional growth, with access to mentorship from industry experts and opportunities to advance within our global network. This role is ideal for ambitious professionals passionate about the intersection of finance and technology, offering not just a job, but a platform to make a meaningful impact on how millions access credit responsibly.

Key Responsibilities

• Evaluate the financial impact of new lending innovation strategies within the Card Investment team
• Develop and maintain financial models to assess profitability, risk, and ROI of lending initiatives
• Analyze market trends and competitive landscapes in credit card products
• Collaborate with cross-functional teams including product, risk, and technology to support innovation projects
• Prepare detailed reports and presentations on financial performance for senior leadership
• Monitor key performance indicators (KPIs) for lending portfolios and recommend optimizations
• Conduct scenario analysis and stress testing for potential lending innovations
• Support budgeting and forecasting processes for card lending operations
• Ensure compliance with internal JP Morgan policies and external financial regulations

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field
• Minimum of 3-5 years of experience in financial analysis, preferably in banking or credit card lending
• Strong proficiency in financial modeling and data analysis tools
• Experience with lending products and innovation strategies in the financial services sector
• Ability to work in a fast-paced, collaborative team environment
• Excellent communication skills for presenting financial insights to stakeholders

Preferred Qualifications

• MBA or advanced degree in Finance or Business Administration
• Prior experience at a major financial institution like JP Morgan Chase
• Knowledge of regulatory requirements in credit card lending (e.g., Basel III, Dodd-Frank)
• Familiarity with emerging technologies in fintech, such as AI-driven lending models

Required Skills

• Financial modeling and forecasting
• Data analysis using Excel, SQL, and Python
• Knowledge of credit risk assessment
• Proficiency in Tableau or Power BI for visualization
• Understanding of lending products and fintech innovations
• Strong analytical and problem-solving abilities
• Excellent written and verbal communication
• Attention to detail and accuracy in financial reporting
• Project management skills
• Adaptability to changing regulatory environments
• Team collaboration and stakeholder management
• Quantitative analysis and statistical methods
• Familiarity with JPMorgan's internal financial systems

Benefits

• Competitive base salary and performance-based bonuses
• Comprehensive health, dental, and vision insurance coverage
• Retirement savings plan with company matching contributions
• Paid time off, including vacation, sick leave, and parental leave
• Professional development programs and tuition reimbursement
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness programs at JP Morgan facilities
• Global mobility opportunities within JP Morgan Chase

JP Morgan Chase is an equal opportunity employer.