What are the responsibilities and job description for the Data Scientist [Multiple Positions Available] position at JPMorganChase?
Description
JOB DESCRIPTION
Duties: Utilize data analytics to generate actionable insights that support business objectives. Apply advanced data analysis techniques to identify trends, patterns, and opportunities within large data sets. Develop and implement data models to predict future outcomes and inform strategic decisions. Employ machine learning techniques to enhance data analysis and predictive capabilities. Design, train, and validate machine learning models to improve the accuracy and efficiency of data-driven insights. Integrate machine learning algorithms into existing data processes to automate and optimize analytical tasks. Provide strategic guidance to business partners based on data-driven insights. Present clear and concise recommendations derived from data analysis to inform business strategies and initiatives. Collaborate with business partners to understand their needs and tailor data insights to support their specific goals. Support the achievement of the Firm's strategic goals and objectives through data-driven decision-making. Align data analytics efforts with the Firm's overall strategic plan to ensure that insights contribute to key business priorities. Monitor and evaluate the impact of data-driven recommendations on business performance and adjust strategies as needed.
Qualifications
Minimum education and experience required: Master's degree in Analytics, Statistics, Mathematics, Data Science or related field of study plus three (3) years of experience in the job offered or as Data Scientist, Data Science Apprentice, or related occupation.
Skills Required: This position requires three (3) years of experience with the following: Leading full-cycle analytics projects using CRISP DM methodology, including gathering requirements from business stakeholders, preparing ETL workflow and cleaning data using SQL, Python, Hadoop, Teradata SQL, and Snowflake Data Cloud, building analysis and validating results, and assessing business impact; Manipulating datasets using software and platforms including Python, SQL, Hadoop, PySpark, Alteryx, Snowflake, and Teradata SQL to create bespoke analytical record; Developing automated scripts using Python & PySpark for data quality checks, and orchestration via Alteryx; Implementing and enforcing data regulation controls, ensuring proper use and thorough documentation of the analytical process with Jira; Building and deploying supervised machine learning models including classification models using Python, including Random Forests, Gradient Boosting Machines, and Decision Trees techniques to create actionable customer personas and compile feature importance analysis; Applying unsupervised learning methods, including K-Means Clustering, Hierarchical Clustering, Principal Component Analysis (PCA), & Gaussian mixture Models (GMM), to create unbiased data lead customer profile segments and recommend optimal price bands; Building price elasticity models using Regression methods and Support Vector Machines in combination with sensitivity analysis framework to understand various cost benefits of pricing strategies & identifying optimal pricing for products; Applying causal inference techniques including Difference-in-Differences and Causal Forests, and utilizing quasi-experimental methods to estimate heterogeneous treatment effects; Conducting matched pairs analysis to evaluate behavioral and profitability differences between customer segments using Propensity Score Matching to obtain Propensity Score weighting; Designing and executing end-to-end analytical measurement consistent with learning agenda for initiatives, including requirement gathering, A/B testing including statistical tests, Pre/Post measure, designing experiment and other Test-Control strategies to measure uplift and optimize initiatives; Creating comprehensive dashboards and visualizations in Tableau, supporting effective storytelling and business decision-making. This position requires one (1) year of experience with the following: Applying consumer banking and finance concepts including deposit products, checks, savings, CDs, fee revenue, and deposit margin to drive data analysis and inform business strategy development.
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. In addition, please visit: https://careers.jpmorgan.com/us/en/about-us.
Job Location: 575 Washington Blvd, Jersey City, NJ 07310.
Full-Time. Salary: $147,200 - $170,000 per year.
About Us
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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, 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
About The Team
Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We’re proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions – all while ranking first in customer satisfaction.
JOB DESCRIPTION
Duties: Utilize data analytics to generate actionable insights that support business objectives. Apply advanced data analysis techniques to identify trends, patterns, and opportunities within large data sets. Develop and implement data models to predict future outcomes and inform strategic decisions. Employ machine learning techniques to enhance data analysis and predictive capabilities. Design, train, and validate machine learning models to improve the accuracy and efficiency of data-driven insights. Integrate machine learning algorithms into existing data processes to automate and optimize analytical tasks. Provide strategic guidance to business partners based on data-driven insights. Present clear and concise recommendations derived from data analysis to inform business strategies and initiatives. Collaborate with business partners to understand their needs and tailor data insights to support their specific goals. Support the achievement of the Firm's strategic goals and objectives through data-driven decision-making. Align data analytics efforts with the Firm's overall strategic plan to ensure that insights contribute to key business priorities. Monitor and evaluate the impact of data-driven recommendations on business performance and adjust strategies as needed.
Qualifications
Minimum education and experience required: Master's degree in Analytics, Statistics, Mathematics, Data Science or related field of study plus three (3) years of experience in the job offered or as Data Scientist, Data Science Apprentice, or related occupation.
Skills Required: This position requires three (3) years of experience with the following: Leading full-cycle analytics projects using CRISP DM methodology, including gathering requirements from business stakeholders, preparing ETL workflow and cleaning data using SQL, Python, Hadoop, Teradata SQL, and Snowflake Data Cloud, building analysis and validating results, and assessing business impact; Manipulating datasets using software and platforms including Python, SQL, Hadoop, PySpark, Alteryx, Snowflake, and Teradata SQL to create bespoke analytical record; Developing automated scripts using Python & PySpark for data quality checks, and orchestration via Alteryx; Implementing and enforcing data regulation controls, ensuring proper use and thorough documentation of the analytical process with Jira; Building and deploying supervised machine learning models including classification models using Python, including Random Forests, Gradient Boosting Machines, and Decision Trees techniques to create actionable customer personas and compile feature importance analysis; Applying unsupervised learning methods, including K-Means Clustering, Hierarchical Clustering, Principal Component Analysis (PCA), & Gaussian mixture Models (GMM), to create unbiased data lead customer profile segments and recommend optimal price bands; Building price elasticity models using Regression methods and Support Vector Machines in combination with sensitivity analysis framework to understand various cost benefits of pricing strategies & identifying optimal pricing for products; Applying causal inference techniques including Difference-in-Differences and Causal Forests, and utilizing quasi-experimental methods to estimate heterogeneous treatment effects; Conducting matched pairs analysis to evaluate behavioral and profitability differences between customer segments using Propensity Score Matching to obtain Propensity Score weighting; Designing and executing end-to-end analytical measurement consistent with learning agenda for initiatives, including requirement gathering, A/B testing including statistical tests, Pre/Post measure, designing experiment and other Test-Control strategies to measure uplift and optimize initiatives; Creating comprehensive dashboards and visualizations in Tableau, supporting effective storytelling and business decision-making. This position requires one (1) year of experience with the following: Applying consumer banking and finance concepts including deposit products, checks, savings, CDs, fee revenue, and deposit margin to drive data analysis and inform business strategy development.
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. In addition, please visit: https://careers.jpmorgan.com/us/en/about-us.
Job Location: 575 Washington Blvd, Jersey City, NJ 07310.
Full-Time. Salary: $147,200 - $170,000 per year.
About Us
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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, 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
About The Team
Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We’re proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions – all while ranking first in customer satisfaction.
Salary : $147,200 - $170,000