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Strategic Analytics - Loss forecasting

5-7 years

Mumbai

1 vacancy

Strategic Analytics - Loss forecasting

JPMorgan Chase & Co.

posted 3mon ago

Job Description

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.

As a Strategic Analytic Loss forecasting Associate in fraud loss forecasting team for our Consumer and Community Banking (CCB). The loss forecasting team owns the forecasting and budgeting process for all our fraud and overdraft loss lines. This is a highly critical and visible role with ownership and accountability towards performing data analytics, providing insights and help setting up loss budgets.
Job responsibilities
  • Own deep dives on our emerging fraud trends to identify and isolate new attack patterns
  • Provide independent assessment on root cause /drivers behind variance of actuals vs. forecast
  • Support forecasting process for some of our operating loss lines across baseline and stress scenarios
  • Develop / Enhance Long term and short term Loss forecasting framework across loss channels
  • Liaise with Operations, business functions and strategy owners to understand business changes and operations impact and to implement the same in forecast adjustments
  • Develop various senior management presentation on Monthly / quarterly/annual on Fraud Loss
  • Take complete ownership and accountability towards delivering on goals and priorities for the business / function
Required qualifications, capabilities, and skills
  • Master s/Bachelor s degree in a quantitative or business discipline from an accredited college/university required; advanced degree
  • Minimum 5 years of experience in analytics space, prior experience in risk roles.
  • SAS/SQL programming experience (familiarity with PC, UNIX or mainframe)
  • Highly proficient in Microsoft Office suite of products
  • Demonstrated leadership in applying analytics to efficiently and pragmatically solve business problems through structured problem solving approaches
  • Effective in communicating to senior leaders of an organization
  • Strong analytical, technical and statistical skills. Ability to synthesize / analyze diverse information, develops recommendations, and makes decisions
  • Project Management Skills -- well-organized, structured approach. Ability to achieve tight timelines on complex deliverables. Ability to manage and prioritize projects across cross-functional groups

    Preferred qualifications, capabilities, and skills
  • Working knowledge of financial budgeting and planning analysis preferred

Employment Type: Full Time, Permanent

Read full job description

Prepare for Analytical roles with real interview advice

Top JPMorgan Chase & Co. Analytical Interview Questions

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What people at JPMorgan Chase & Co. are saying

Analytical salary at JPMorgan Chase & Co.

reported by 1 employee
₹10.8 L/yr - ₹13.8 L/yr
106% more than the average Analytical Salary in India
View more details

What JPMorgan Chase & Co. employees are saying about work life

based on 6.2k employees
64%
87%
76%
73%
Flexible timing
Monday to Friday
No travel
Day Shift
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JPMorgan Chase & Co. Benefits

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Employee Programs
Wellness Programs
Health Care and Insurance Plans
Family Care
Retirement Savings Programs
Submitted by Employees
Free Transport
Cafeteria
Health Insurance
Soft Skill Training
Job Training
Work From Home +6 more
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JPMorgan Chase & Co. Mumbai Office Locations

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Mumbai Office
Headquarter
JPMorgan Asset Management India Private Limited, J.P. Morgan Tower, Off. C.S.T. Road, Near Nafa Bus Stop, Kalina, Santacruz East Mumbai
Maharashtra 400098
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aradigm Towers-B Wing, Mindspace, Malad Goregaon Link Rd, Malad (W), Mumbai Mumbai
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