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Quantitative Analytics Associate Job Description: You are a strategic thinker passionate about driving solutions in Quantitative Analytics. You have found the right team. As a Quantitative Analytics Associate in the Credit Point of Sale Fraud team, you will manage fraud risk strategies in the Fraud Strategy area and perform complex risk analyses with the objective of reducing fraud related losses while balancing customer impact. You will frequently interact and communicate with cross-functional partners and present to managers and executives. This role provides an opportunity to be part of a dynamic team that is instrumental in protecting the bank from fraud related losses and improving customer experience at Point of Sale. Job responsibilities: - Interpret big and complex data to formulate problem statement, concise conclusions regarding underlying risk dynamics, trends, and opportunities - Manage, develop, communicate, and implement optimal fraud strategies (including rules, cutoffs, policies, operational flows, etc.) to protect the bank from fraud related losses and improve customer experience at Point of Sale - 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 - Collaborate with cross-functional partners to understand and address key business challenges - Identify business opportunity by performing well thought analysis - Data mining, ensuring data integrity, synthesizing and communicating findings to senior management - Assist team efforts in the critical development of new fraud pattern or spending pattern detection tools while providing clear/concise oral and written communication across various functions and levels, inclusive of Operations, IT, and Risk Management Required qualifications, capabilities and skills: - Bachelor's degree in a quantitative field or 3 years risk management or other quantitative experience - Background in statistics, mathematics, or other quantitative field - Advanced understanding of Python, SAS, and SQL - Query large amounts of data and transform the raw data into actionable management information - Strong analytical and problem-solving abilities - Experience delivering recommendations to management - Self-starter with ability to drive for resolution - Strong communication and interpersonal skills with ability to interact with individuals across departments/functions and with senior-level executives Preferred qualifications, capabilities and skills: - MS degree in a quantitative field or 2 or more years risk management or other quantitative experience JP Morgan Chase, 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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation. Note : For your candidature to be considered on this job, you need to apply necessarily on the company's redirected page of this job. Please make sure you apply on the redirected page as well.

Mumbai

JP Morgan Chase - Quantitative Analytics Associate 

Job Description for JP Morgan Chase - Quantitative Analytics Associate  in JP Morgan Chase in  Mumbai for (3-6) years of experience. Apply Now!

JP Morgan Chase - Quantitative Analytics Associate  | iimjobs.com