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JPMorgan Chase & Co

Deposit Modeling and Analytics - Vice President

JPMorgan Chase & Co, Columbus, Ohio, United States, 43224


JOB DESCRIPTIONYou will have the opportunity to focus on research, testing, and development of quantitative models used in the forecasting of retail deposits and related items that will have a leading impact within the business.

As a Vice President in Deposit Modeling and Analytics, you will serve on a vertically integrated team dedicated to forecasting balance sheet and income statement line items related to retail deposit accounts for internal budgeting and regulatory exercises. You will be a part of a dedicated team, supporting research, testing, and development of quantitative models, and performing ad hoc data analysis. If you possess passions for macroeconomics and data analytics, please apply today!

Job Responsibilities

Testing of models to analyze model performance and behavior of model output under various economic scenarios

Providing economic and business intuition related to key drivers of deposit growth, interest rates paid, and non-interest revenue

Perform data analysis to provide insights on drivers and trends of dependent variables such as deposit growth, interest rates paid, and non-interest revenue

Assist with documentation of quantitative models

Develop overlays for model output to compensate for model performance issues

Own end-to-end development of “qualitative models” which apply simplistic statistical methods to forecast certain deposit-related items

Required Qualifications, Capabilities, and Skills

Bachelor’s degree in finance, economics, quantitative methods/analytics or similar field of study

7+ years of work experience in banking, finance, quantitative analytics or quantitative modeling

Proficient with Excel for financial analysis

Strong understanding of macroeconomic drivers of consumer balance sheets

Strong understanding of impact to deposits of interest rates and rate paid strategies

Strong verbal and written communication skills with the ability to articulate complex issues clearly

Strong analytical and problem-solving skills with ability to analyze large data sets and present conclusions concisely

Preferred Qualifications, Capabilities, and Skills

Experience with data management/analysis software (Tableau, Python, Alteryx, SQL, etc.)

ABOUT US

Chase is a leading financial services firm, helping nearly half of America’s households and small businesses achieve their financial goals through a broad range of financial products. Our mission is to create engaged, lifelong relationships and put our customers at the heart of everything we do.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. Those in eligible roles may receive discretionary incentive compensation in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility.

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.

Equal Opportunity Employer/Disability/Veterans

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