Financial/Data Analyst
Status:Full Time, Employee
Job Ref Code:120018451
Job Location:Garden City, Ny 11530
About JPMorgan Chase:
JPMorgan Chase Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.3 trillion and operations in more than 60 countries. The Firm is a leader in investment banking, financial services for consumers, small-business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. The headquarters for JPMorgan Chase is located in New York. J.P. Morgan Chase Co. has six lines of business:
- Asset Management
- Card, Merchant Services and Auto Finance
- Commercial Banking
- Consumer and Business Services
- Investment Banking
- Treasury Securities Services
JPMorgan Chase holds leading positions in most major categories it competes in across its peer group. JPMorgan Chase reported full-year 2011 earnings of $19 billion on revenue of $99.8 billion. The firm continues to successfully navigate through the intense credit and capital markets turbulence, protecting the company and capitalizing on any opportunities that present themselves. The firm has a history of showing leadership during times of financial crisis and will continue to build on that legacy.
Culture:
JPMorgan Chase is committed to building vibrant communities, preserving the environment and promoting an inclusive culture that benefits its shareholders, customers, employees, neighbors and future generations. A select few awards include:
· Most Admired Companies by FORTUNE magazine
- Most Respected Companies by Barron's magazine
- Top 50 Companies for Diversity, Diversity Inc magazine
- Top Companies for Executive Women by National Association for Female Executives (NAFE)
- 100% rating on the Corporate Equality Index, measuring treatment of gay, lesbian, bisexual and transgender employees and customers
- Earned a gold rating for the U.S. Wellness Program Best Employers for Healthy Lifestyles by the National Business Group on Health
CARD, MERCHANT SERVICES AUTO FINANCE
Card, Merchant Services Auto Finance (CMSAF) has nearly 28,000 employees, who serve more than 50 million U.S. customers through three key businesses: Card Services, Paymentech, Auto and Student Lending. We are one of the nation's largest credit card issuers, with more than $130 billion in loans and more than 65 million credit cards in circulation. Millions of customers in the U.S. and Canada used Chase cards to meet $343 billion of their spending needs in 2011.
Through our merchant acquiring business, Chase Paymentech, we are a global leader in payment processing and merchant acquiring. The company's proprietary platforms enable integrated solutions for all payment types, including credit, debit, prepaid stored value and electronic check processing; as well as digital, alternative and mobile payment options. In 2011, Chase Paymentech processed more than 24 billion transactions.
As part of our Auto Finance Student Lending business, consumers can obtain loans through more than 16,200 auto dealerships and 2,200 schools and universities nationwide. We have relationships with over 75% of all U.S. automotive dealers, and we offer school-certified private student loans through Chase SelectSM.
The Residual Risk Management Team is responsible for monitoring Automotive Leasing Profitability and Residual Risk. The group is responsible for monitoring: front-end pricing, internal costs, monthly automobile auction values, and vehicle remarketing. Team members work across the organization and are integral to ensuring effective pricing, reporting, client billing, and management of the residual risk exposure.
The Financial / Data Analyst responsibilities include:
- Partnering with existing staff supporting the development and maintenance of manufacturer lease client reporting and billing
- Developing and defining business requirements related to the enhancement of the residual risk model.
- Providing in depth financial analysis of current portfolio of automotive leases.
- Producing internal and external monthly reporting monitoring current and projected exposure.
- Maintaining and enhancing pricing models that meet targeted financial goals
- Performing ad-hoc analysis to enhance decisions and improve profitability results
- Interacting with technology group supporting the enhancement of the current residual risk model and automation of manual reports. Experience with Access Reports preferred.
- Providing detailed insights and commentary on profitability reporting that includes identification of key drivers, and opportunities for improvement in auto business
- Partnering with marketing team, product CFO's and senior management to develop product and pricing strategies
- Minimum of 4 yrs experience in data analysis or quantitative field
- BS (4 year undergrad) required, MBA preferred in Finance
- Strong analytical skills
- Experience working with large data sets
- Strong Microsoft Office Suite with strong Access capabilities and Access Reports
- Detailed understanding of auto business preferred
- Prior experience in finance and/or risk management, and indirect auto lending preferred
- Experience working with technology testing model projections
- Very detailed and drive to determine "why"
- Passion to learn, contribute and grow
JPMorgan Chase is an Equal Opportunity and Affirmative Action Employer, M/F/D/V
JPMorgan Chase is an Equal Opportunity and Affirmative Action Employer, M/F/D/V.