Job Location: Bangalore
We are the leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management.
We have assets of $2.5 trillion and operations worldwide
We operate in more than 100 markets.
We have more than 243,000 employees globally.
Our wholesale businesses include J.P. Morgan’s Asset Management, Commercial Banking and the Corporate & Investment Bank which provide products and services to corporations, governments, municipalities, non-profits, institutions, financial intermediaries and high-net worth individuals and families.
Our corporate functions support the entire organization and include the following functions: Accounting, Audit, Finance, Human Resources, Operations, and Technology.
J.P. Morgan in India provides a comprehensive range of Corporate & Investment Banking, Commercial Banking, Asset & Wealth Management, and Corporate functions services and solutions to our clients, executing some of the most important financial transactions and providing essential strategic advice to our clients such as the government, large domestic and multi-national corporations, non-government organizations and financial institutions and investors. India is a key market for JPMorgan Chase globally and our employees in India are a critical part of how we do business globally and are integrated within our businesses. Our Global Service Centers (GSCs) are strategically positioned in Mumbai, Bangalore and Hyderabad to support the firm’s operations regionally and globally. The centers provide comprehensive strategic support across technology and business operations processing to all lines of business and the corporate functions.”
Description
Working with the CCB Corrections team, the Correction Analyst will:-
- Analyze the Business problem
- Identify the impacted population
- Determine the financial impact
- Create execution files to correct the accounts
Correction analytics team deals with break across Chase bank relating to product as Credit Cards, Consumer and Business banking, Auto Finance and Merchant services.
These breaks can present complex, multilayered, and data intensive business problems. Typically these problems will be of an unstructured nature, whereby the CA will be expected to quickly assess and comprehend the situation, and develop a practical approach/strategy to the analysis.
Activities include (but are not be limited to), identifying impacted populations based on defined Business problem, calculating often complex financial impact. Financial impact are the amount which the customer should not have been charged o the customer should have received from chase. Should be able to follow the process of recalculating interest charges over a period time, recalculating total refund amount (Refund +Interest) based on exclusion of specific charges, and determining if fees applied would not have otherwise been billed.
This role requires extensive interaction with business stakeholders, Project Managers and Business analyst. The candidate have to possess strong problem solving and reasoning skills as the business problem sometime is not clear or very straight forward. In-depth understanding of banking product is good to have.
The role will offer you an opportunity to dig deeper and enhance your banking product understanding and knowledge about day to day working knowledge of sub-products of the same like, Credit card pricing strategy, Credit card acquisition process, ATM process, Business lending product, Auto lending etc.
Required:
- Expertise and practical work experience in SQL and SAS
- Proficiency with standard MS Office tools (Excel, Word, etc.)
- Ability to independently do root cause analysis.
- Understanding of the data infrastructure in a FS organization
- Ability to quickly self-learn different business and execute analytics projects for new lines of business
- Understanding the business problem and
- Working out an analytical solution
Preferred:
- Alteryx, Tableau and python will be good to have.
- Proficient in Tera Data database environments. Oracle environments a plus.
- In-depth understanding of writing and maintaining UNIX Scripts.
- Elevated proficiency in MS Excel
Qualifications :
- Must be detailed and quality assurance oriented
- Must possess strong process adherence discipline
- Throughout the life cycle of a project, specific process control procedures and documentation must be followed and completed by the CA.
- Be able to work multiple problems simultaneously; typically a CA will be assigned three to five problems at once
- Must possess good verbal and written communication skills
- 2-4 yrs of prior experience
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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
Submit CV To All Data Science Job Consultants Across Bharat For Free