Quant Analytics Senior Associate - Deposit Modeling and Analytics
JPMorganChase, Columbus, OH, United States
Join our dynamic team to drive impactful insights and shape the future of deposit growth through advanced data analysis and innovative modeling. Be a key contributor in transforming business strategy by leveraging your analytical expertise to deliver actionable recommendations and present findings to senior leadership.
Job Responsibilities
Analyze deposit data to identify trends in consumer/business behavior to aid in model development and to describe deposit growth trends
Own end-to-end development of "qualitative models" which apply simplistic statistical methods to forecast certain deposit-related items
Assist quantitative modelers in the development of statistical models which forecast deposit balances and related net interest income as well as non-interest-revenue models which forecast debit card revenue, overdraft revenue, etc.
Perform deep‑diving analysis on deposit data to determine key trends that are impacting deposit growth
Present key findings of analysis succinctly to senior leadership
Apply macroeconomic and business intuition to inform independent variable selection
Test draft models against various economic scenarios and analyze model output
Analyze backtesting results of models to identify areas of model miss and suggest independent variables that may remediate that miss
Determine accuracy of current model and identify areas of improvement
Analyze recent data trends and changes to the business/products that may elicit new trends
Required Qualifications and Skills
Bachelor’s degree in a quantitative discipline such as Economics, Finance, Statistics, Mathematics, or a related field.
4+ years of related work experience data analysis, statistical modeling, or a related area
Proficiency in Python for data analysis, statistical modeling, and model reviews
Hands‑on experience in developing, implementing, and reviewing statistical or forecasting models, including model validation and performance assessment
Strong ability to communicate complex analytical findings clearly and effectively to senior leadership and non‑technical stakeholders
Preferred Qualifications and Skills
SQL and Databricks experience for large‑scale data processing and advanced analytics
About the Team
The CCB Data & Analytics team responsibly leverages data across Chase to build competitive advantages for the businesses while providing value and protection for customers. The team encompasses a variety of disciplines from data governance and strategy to reporting, data science and machine learning. We have a strong partnership with Technology, which provides cutting‑edge data and analytics infrastructure. The team powers Chase with insights to create the best customer and business outcomes.
Compensation and Benefits
We offer a competitive total rewards package including base salary determined by role, experience, skill set, and location. Eligible roles may receive commission‑based pay or discretionary incentive compensation. Benefits include comprehensive health care coverage, on‑site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching, and more.
We are an equal opportunity employer and place a high value on diversity and inclusion. 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.
Equal Opportunity Employer/Disability/Veterans
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Job Responsibilities
Analyze deposit data to identify trends in consumer/business behavior to aid in model development and to describe deposit growth trends
Own end-to-end development of "qualitative models" which apply simplistic statistical methods to forecast certain deposit-related items
Assist quantitative modelers in the development of statistical models which forecast deposit balances and related net interest income as well as non-interest-revenue models which forecast debit card revenue, overdraft revenue, etc.
Perform deep‑diving analysis on deposit data to determine key trends that are impacting deposit growth
Present key findings of analysis succinctly to senior leadership
Apply macroeconomic and business intuition to inform independent variable selection
Test draft models against various economic scenarios and analyze model output
Analyze backtesting results of models to identify areas of model miss and suggest independent variables that may remediate that miss
Determine accuracy of current model and identify areas of improvement
Analyze recent data trends and changes to the business/products that may elicit new trends
Required Qualifications and Skills
Bachelor’s degree in a quantitative discipline such as Economics, Finance, Statistics, Mathematics, or a related field.
4+ years of related work experience data analysis, statistical modeling, or a related area
Proficiency in Python for data analysis, statistical modeling, and model reviews
Hands‑on experience in developing, implementing, and reviewing statistical or forecasting models, including model validation and performance assessment
Strong ability to communicate complex analytical findings clearly and effectively to senior leadership and non‑technical stakeholders
Preferred Qualifications and Skills
SQL and Databricks experience for large‑scale data processing and advanced analytics
About the Team
The CCB Data & Analytics team responsibly leverages data across Chase to build competitive advantages for the businesses while providing value and protection for customers. The team encompasses a variety of disciplines from data governance and strategy to reporting, data science and machine learning. We have a strong partnership with Technology, which provides cutting‑edge data and analytics infrastructure. The team powers Chase with insights to create the best customer and business outcomes.
Compensation and Benefits
We offer a competitive total rewards package including base salary determined by role, experience, skill set, and location. Eligible roles may receive commission‑based pay or discretionary incentive compensation. Benefits include comprehensive health care coverage, on‑site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching, and more.
We are an equal opportunity employer and place a high value on diversity and inclusion. 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.
Equal Opportunity Employer/Disability/Veterans
#J-18808-Ljbffr