Strategic Analytics - Associate

Location: India

Job Family: Risk Analytics/Modeling

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a strong presence in the UK and India, committed to innovation in risk management and client service. The Strategic Analytics - Associate role, focused on Credit Risk Senior Associate responsibilities, is pivotal in supporting Chase UK Lending Products. Based in our India operations, you will play a key role in developing sophisticated credit risk rules to maintain portfolio quality, mitigate defaults, and ensure adherence to stringent regulatory frameworks. This position offers the opportunity to leverage cutting-edge analytics in a dynamic environment, contributing to the growth of our consumer and business lending portfolios while upholding JP Morgan's reputation for excellence in risk governance. As a Credit Risk Senior Associate, your primary focus will be on creating and refining decision rules for lending products such as mortgages, auto loans, and credit cards tailored to the UK market. You will analyze vast datasets to build models that balance risk and opportunity, collaborating with global teams to integrate these rules into automated systems. This involves conducting in-depth portfolio reviews, performing scenario analyses, and providing actionable insights that inform strategic decisions at the executive level. Your work will directly impact the profitability and sustainability of Chase UK's lending operations, ensuring we remain agile in a competitive financial landscape. In this role, you will thrive in a collaborative, data-driven culture at JP Morgan Chase, where innovation meets rigorous compliance. You will partner with risk, product, technology, and compliance stakeholders to validate models, monitor performance, and adapt to evolving regulations like those from the Financial Conduct Authority (FCA). With access to advanced tools and resources in our India hub, you will contribute to broader initiatives that enhance our global risk framework, fostering professional growth in a firm renowned for its commitment to employee development and ethical practices.

Key Responsibilities

• Develop and maintain credit risk rules and decision models for Chase UK lending products, including mortgages, personal loans, and credit cards
• Analyze portfolio performance data to identify trends, risks, and opportunities for improving credit quality
• Collaborate with cross-functional teams in risk, product, and compliance to ensure rules align with business objectives and regulatory standards
• Conduct stress testing and scenario analysis on lending portfolios to assess potential impacts on credit risk
• Monitor and report on key risk metrics, providing insights to senior management at JP Morgan Chase
• Enhance rule engines using advanced analytics to optimize approval rates while minimizing defaults
• Ensure compliance with UK-specific regulations such as FCA guidelines and data protection laws (GDPR)
• Support model validation and documentation processes for internal audits and external regulators
• Contribute to the development of strategic initiatives aimed at portfolio growth and risk mitigation in the Indian operations supporting Chase UK

Required Qualifications

• Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field
• Minimum of 3-5 years of experience in credit risk analysis, modeling, or portfolio management within the financial services industry
• Strong understanding of credit risk principles, regulatory requirements (e.g., Basel III, IFRS 9), and lending products
• Proficiency in data analysis tools and programming languages such as SQL, Python, or R
• Experience with credit scoring models, rule engines, or decision-making systems in a banking environment
• Knowledge of UK lending regulations and compliance standards for consumer and business lending
• Ability to work collaboratively in a global team environment with strong communication skills

Preferred Qualifications

• Advanced degree (Master's or PhD) in a quantitative discipline such as Finance, Data Science, or Risk Management
• Prior experience at a major financial institution like JP Morgan Chase or similar, focusing on Chase UK products
• Certification in credit risk (e.g., FRM, CFA) or data analytics
• Hands-on experience with big data platforms like Hadoop or cloud-based analytics tools (AWS, Azure)
• Familiarity with machine learning applications in credit risk assessment

Required Skills

• Credit risk modeling and analytics
• Data analysis and visualization (e.g., Tableau, Power BI)
• Programming in SQL, Python, R for risk applications
• Understanding of statistical methods and machine learning
• Regulatory compliance knowledge (FCA, Basel, IFRS 9)
• Portfolio monitoring and stress testing
• Problem-solving and analytical thinking
• Communication and stakeholder management
• Attention to detail in rule development
• Team collaboration in a fast-paced environment
• Financial acumen in lending products
• Project management skills
• Adaptability to evolving risk landscapes
• Ethical decision-making in high-stakes scenarios

Benefits

• Competitive base salary and performance-based annual 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 opportunities through JP Morgan's internal training programs and tuition reimbursement
• Employee stock purchase plan and financial wellness resources
• Flexible work arrangements, including hybrid options for India-based roles
• Global mobility programs and access to JP Morgan's international network

JP Morgan Chase is an equal opportunity employer.