Risk Modeling - Machine Learning Associate
Aumni
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 Risk Modeling machine Learning Associate in Risk Modeling team, you will develop and implement machine learning models/ statistical models/ segmentations/strategies, leveraging big data and distributed computing platforms, with applications in risk management for its credit card and small business portfolio. The successful candidate will drive long term profitable growth with strong business acumen, collaborate in a team environment, and effectively communicate results to senior management. Our Firmwide Risk Function is focused on cultivating a stronger, unified culture that embraces a sense of personal accountability for developing the highest corporate standards in governance and controls across the firm. Business priorities are built around the need to strengthen and guard the firm from the many risks we face, financial rigor, risk discipline, fostering a transparent culture and doing the right thing in every situation. We are equally focused on nurturing talent, respecting the diverse experiences that our team of Risk professionals bring and embracing an inclusive environment. Chase Consumer and Community Banking serves consumers and small businesses with a broad range of financial services, including personal banking, small business banking and lending, mortgages, credit cards, payments, auto finance and investment advice. Consumer and Community Banking Risk Management partners with each Consumer and Community Banking sub-line of business to identify, assess, prioritize and remediate risk. Types of risk that occur in consumer businesses include fraud, reputation, operational, credit, market and regulatory, among others.
Job responsibilities
- Utilize novel approaches to design and develop sophisticated machine learning models to drive impactful decisions for the business.
- Leverage big data/distributed computing/cloud computing platforms to optimize and accelerate model development processes.
- Work closely with the senior management team to develop ambitious, innovative modeling solutions to cater business need and deliver them into production.
- Collaborate with various partners in marketing, risk, technology, model governance, fair lending etc. through the modeling lifecycle (conceptualization, development, review, deployment, model usages and model maintenance)
Required qualifications, capabilities, and skills
- Advance degree in Mathematics, Statistics, Computer Science, Operational Research, Econometrics, Physics, or other related quantitative fields
- Minimum 6 years of experience in developing and managing predictive risk models in financial industry.
- Minimum 4 years of experience and proficiency in coding (Python, Tensorflow or PyTorch, PySpark, SQL), familiarity with cloud services (AWS Sagemaker, Amazon EMR)
- Fundamental understanding of consumer lending business.
- Deep understanding of advanced machine learning algorithms (e.g. random forest, XGBoost, Neural Networks etc) as well as design and tuning procedures
- Effective communication
Preferred qualifications, capabilities, and skills
- Demonstrated experience in designing, building, and deploying production quality machine learning models. Experience in interpreting deep learning models is a plus.
- Demonstrated expertise in data wrangling and model building on a distributed Spark computation environment (with stability, scalability and efficiency). GPU experience is a plus.
- Strong ownership and execution skills, proven experience of implementing models in production.
- Ability to collaborate with multiple stakeholders on projects of strategic importance.
About Us
JPMorgan Chase & Co., 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.