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JPMorgan Chase Econometrician (Consumer & Business Intelligence)- Vice President in New York, New York

As an Econometrician on the Consumer and Business Intelligence team you'll join a new organization that monitors, coordinates and develops a holistic internal & external view of the financial well-being of consumers and businesses through the lens of JPMC and third party data. As the nation's largest bank, we are uniquely positioned to inform public perspective on the direction of the economy. During a time of unprecedented macroeconomic uncertainty, identifying emerging trends and economic relationships is of heightened importance. Thus, we are hiring a Vice President of Econometrics who will enhance and help develop the group's efforts for modeling and forecasting macroeconomic and financial data.

Job Responsibilities:

  • Explore, define and forecast existing and new metrics relating to consumer and business health

  • Collaborate and explore emerging trends in income, spend, savings and credit with other economists, econometricians and data scientists

  • Generate deep insights through the analysis of data and understanding of business processes and turn them into actionable recommendations

  • Contribute to the full modeling lifecycle, including defining the objective and key decision variables, choosing appropriate methodologies, performing advanced quantitative and statistical analysis of large datasets, and communicating results

  • Align definitions and measurements with other consumer and market intelligence teams, analytics groups in other lines of business, and the JPMC Institute

  • Create automated analytical artifacts that monitor early warning indicators related to the health of consumers and businesses

  • Develop presentations to summarize and communicate key messages to senior management, sponsors and colleagues.

  • Become a subject matter expert and trusted advisor in the statistical, optimization and/or machine learning modeling discipline

  • Actively contribute to the continuous learning mindset of the organization by bringing in new ideas and perspectives that stretch the thinking of the group

Required Qualifications, Capabilities and Skills:

  • Advanced degree in Economics with a focus on econometric approaches, or equivalent quantitative field and 6 years of analytics experience; could include prior experience in consumer finance, economics, analytics or related field

  • Ability to simply articulate and deploy advanced methods in econometrics in short order and to quickly translate and communicate microeconomic and macroeconomic trends in consumer & business data

  • Robust knowledge and practical approach to market economics & econometric modeling of fundamental economic relationships

  • Fundamental understanding & appreciation of consumer financial health frameworks and consumer segmentation methodologies

  • Proficiency leveraging relational databases using SQL and Python

  • Comprehensive understanding of time-Series (e.g., Seasonal Decomposition, ARIMAX, VAR, ECM) and classification (e.g., Logistic regression)

  • Robust knowledge of Tree-Based Frameworks (e.g., Random Forest, Gradient Boosting) artificial intelligence fundamentals (e.g. Reinforcement Learning, Natural Language Processing (NLP))

  • Familiarity with big-data environments (e.g. Hadoop, Spark)

  • Model development experience on a cloud development platform

Hybrid 60% in-office

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 also help small businesses, nonprofits and cities grow, delivering solutions to solve all their financial needs.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These 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. Additional details about total compensation and benefits will be provided during the hiring process.

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.

Equal Opportunity Employer/Disability/Veterans

Base Pay/Salary

New York,NY $142,500.00 - $210,000.00 / year

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