Job Description
Full Job Description
Data Scientist Associate - CIB Payments Data and Analytics
J.P. Morgan's Corporate & Investment Bank (CIB) is a global leader in Banking. The world's corporations, governments and institutions entrust us with their business in more than 100 countries. The Corporate & Investment Bank supports our clients around the world providing strategic advice, raising capital and managing risk.
J.P. Morgan Payments is one of the world's largest providers of treasury management and merchant services. Wholesale Payments sits at the intersection of finance and technology and is one of the largest players (processing $6 trillion of payments a day) in an industry undergoing a major transformation. Merchant Services is the global payment acceptance and merchant acquiring business of JPMorgan Chase & Co. Merchant Services is a leading provider of payment, fraud management and data security solutions, capable of authorizing transactions in more than 130 currencies. The company's proprietary platforms provide integrated commerce solutions for all major credit and debit card payments as well as mobile payments. Merchant Services has uniquely combined proven payment technology with a long legacy of merchant advocacy that creates quantifiable value for ecommerce companies. Merchant Services is the #1 Merchant Acquirer Worldwide, based on volume, by The Nilson Report in April 2016.
The Payments Data and Analytics team is responsible for defining and executing the multi-year global analytics strategy and roadmap. We are a new and rapidly growing team of change agents inside J.P. Morgan. We are data scientists, design strategists, and business leaders creating and building data products that transform the way we and our clients do business - balancing the art of decision making with science. What we build matters and will have huge impact; our products and solutions will reach thousands of our clients around the world, and affect how J.P. Morgan does business, moving trillions of dollars a day.
New technologies, analytics and business models are emerging with the potential to radically transform financial services. You will be at the leading edge inside the company driving change.
The Data Scientist Associate role is responsible for executing big data analytics projects in response to product innovation for Merchant Services. Tangible output of the programs are payments insights that drive optimization of authorization, chargeback and cost of payments for large merchants - as well as deep consumer and business insights. As the analytics mature, these insights can be productized into products for merchants ("insights as a service").
The right candidate for this position is of course highly proficient with managing complex data sets, using modern statistical and data exploration practices and creating insightful visualizations (especially SQL on Hadoop, Tableau, python). But you are also curious and creative, having the ability to organize stakeholder problems into clear business objectives for which you can create analytics solutions that deliver immediate value. You have a strong desire to get your ideas off the drawing board, preferring to quickly develop prototypical solutions that you can hone and improve in collaboration with team mates and stakeholders. You're comfortable reaching out to subject matter experts to build your business knowledge and grow your understanding of pain points that represent analytic opportunities. You love a big challenge and are willing to learn new skills if needed to get the job done. And you're excited to develop subject matter expertise in a world-class payments organization and help develop the innovative analytics for the future of end-to-end payment optimization
Data Scientist Associate - CIB Payments Data and Analytics
J.P. Morgan's Corporate & Investment Bank (CIB) is a global leader in Banking. The world's corporations, governments and institutions entrust us with their business in more than 100 countries. The Corporate & Investment Bank supports our clients around the world providing strategic advice, raising capital and managing risk.
J.P. Morgan Payments is one of the world's largest providers of treasury management and merchant services. Wholesale Payments sits at the intersection of finance and technology and is one of the largest players (processing $6 trillion of payments a day) in an industry undergoing a major transformation. Merchant Services is the global payment acceptance and merchant acquiring business of JPMorgan Chase & Co. Merchant Services is a leading provider of payment, fraud management and data security solutions, capable of authorizing transactions in more than 130 currencies. The company's proprietary platforms provide integrated commerce solutions for all major credit and debit card payments as well as mobile payments. Merchant Services has uniquely combined proven payment technology with a long legacy of merchant advocacy that creates quantifiable value for ecommerce companies. Merchant Services is the #1 Merchant Acquirer Worldwide, based on volume, by The Nilson Report in April 2016.
The Payments Data and Analytics team is responsible for defining and executing the multi-year global analytics strategy and roadmap. We are a new and rapidly growing team of change agents inside J.P. Morgan. We are data scientists, design strategists, and business leaders creating and building data products that transform the way we and our clients do business - balancing the art of decision making with science. What we build matters and will have huge impact; our products and solutions will reach thousands of our clients around the world, and affect how J.P. Morgan does business, moving trillions of dollars a day.
New technologies, analytics and business models are emerging with the potential to radically transform financial services. You will be at the leading edge inside the company driving change.
The Data Scientist Associate role is responsible for executing big data analytics projects in response to product innovation for Merchant Services. Tangible output of the programs are payments insights that drive optimization of authorization, chargeback and cost of payments for large merchants - as well as deep consumer and business insights. As the analytics mature, these insights can be productized into products for merchants ("insights as a service").
The right candidate for this position is of course highly proficient with managing complex data sets, using modern statistical and data exploration practices and creating insightful visualizations (especially SQL on Hadoop, Tableau, python). But you are also curious and creative, having the ability to organize stakeholder problems into clear business objectives for which you can create analytics solutions that deliver immediate value. You have a strong desire to get your ideas off the drawing board, preferring to quickly develop prototypical solutions that you can hone and improve in collaboration with team mates and stakeholders. You're comfortable reaching out to subject matter experts to build your business knowledge and grow your understanding of pain points that represent analytic opportunities. You love a big challenge and are willing to learn new skills if needed to get the job done. And you're excited to develop subject matter expertise in a world-class payments organization and help develop the innovative analytics for the future of end-to-end payment optimization
💡 Quick Summary
Seeking a career-building opportunity? The Data Scientist Associate position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
