The Global Deposit Pricing Analyst maintains pricing databases, analyzes market factors, recommends pricing changes, and collaborates with modeling teams to develop analytical insights. Key responsibilities include data handling, reporting, and tracking fund flows.
Job Description
DESCRIPTION:
Duties: Create and maintain a database of pricing changes across 10+ regulatory jurisdictions and 15+ currencies for a comprehensive suite of deposit products, including checking, savings, uninvested cash and term deposits. Analyze macroeconomic factors, short-term market rate movements and competitive environments to recommend pricing changes to global deposit products. Execute agreed-upon pricing changes to products, using existing technical interfaces, with zero error tolerance given client impact and regulatory risk. Dimensionalize impact on existing books and new issuances/originations due to pricing changes, run break- evens and sensitivities around assumptions inputs. Design new campaigns across multiple ccy and tenor combinations - run SVAs at various pricing levels using spot and forward rates, substantiate retention economics and calculate payback periods. Create execution and tracking pipelines, sourcing data from multifarious sources to produce tracking and performance reporting at varying levels of granularity, including account, client, BU, region and portfolio level. Track the short and long-term performance of different campaigns, identifying insights into client cash movement behaviors, response behaviors and impacts on client's long-term profitability. Partner with a modeling team to develop AI/ML and causal inference models to tease out the price elasticity of clients, isolate yield-seeking behavior; develop in-market testing plans for PoC models, design test and implementation plans, monitor performance of test vis-à-vis control population and publish results tailored for both analytical and non-analytical audience. Respond to ad-hoc tasks, develop data analytics and reporting/visualization to best deliver the message to senior leadership. Create presentations on trends including deposit balances, pricing and profitability, migration of client cash from low to high-yield cash vehicles, campaign tracking, recent macroeconomic changes, Central Bank rate decisions driving pricing actions for pricing meetings.
QUALIFICATIONS:
Minimum education and experience required: Master's degree in Applied Urban Science and Informatics, Finance, Financial Statistics, Engineering, Economics, Mathematics or related field of study plus 1 year of experience in the job offered or as Global Deposit Pricing Analyst, Financial Analyst, or related occupation.
Skills Required: This position requires experience with the following: Collaborating with cross-functional modeling and tech teams to develop AI XGBoost machine-learning pricing model and customize exception pricing based on liquidity requirement; Handling data and developing data pipelines and workflows using Python and Alteryx; Creating impactful, tailored visualization of analytical results using Tableau and ThoughtSpot dashboards; Querying data, cleaning, manipulating, formatting, structuring and preparing data for time-series and cross-sectional analytical purposes using relational databases and cloud-based data platforms including Oracle, SQL Server, Teradata, Snowflake and Databricks; Developing automated at-scale, high-performance data processing systems to drive efficiencies in trend analyses; Building scalable data pipelines leveraging scheduler/executor framework; Leveraging Big Data using Python programming language and Python libraries including Pandas, Xlwings, os, times, openpyxl, and pyodbc; Tracking funds flows and transactions using Python, Bloomberg API, and SQL tools on Databricks, Snowflake, and AWS S3 bucket; Understanding of macroeconomics, Central Bank actions and their impact on short-term market rates, short-term Treasury markets.
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/aboutus.
Job Location: 575 Washington Blvd, Jersey City, NJ 07310
Full-Time. Salary: $112,778 - $112,778 per year.
About Us
JPMorganChase, 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 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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
DESCRIPTION:
Duties: Create and maintain a database of pricing changes across 10+ regulatory jurisdictions and 15+ currencies for a comprehensive suite of deposit products, including checking, savings, uninvested cash and term deposits. Analyze macroeconomic factors, short-term market rate movements and competitive environments to recommend pricing changes to global deposit products. Execute agreed-upon pricing changes to products, using existing technical interfaces, with zero error tolerance given client impact and regulatory risk. Dimensionalize impact on existing books and new issuances/originations due to pricing changes, run break- evens and sensitivities around assumptions inputs. Design new campaigns across multiple ccy and tenor combinations - run SVAs at various pricing levels using spot and forward rates, substantiate retention economics and calculate payback periods. Create execution and tracking pipelines, sourcing data from multifarious sources to produce tracking and performance reporting at varying levels of granularity, including account, client, BU, region and portfolio level. Track the short and long-term performance of different campaigns, identifying insights into client cash movement behaviors, response behaviors and impacts on client's long-term profitability. Partner with a modeling team to develop AI/ML and causal inference models to tease out the price elasticity of clients, isolate yield-seeking behavior; develop in-market testing plans for PoC models, design test and implementation plans, monitor performance of test vis-à-vis control population and publish results tailored for both analytical and non-analytical audience. Respond to ad-hoc tasks, develop data analytics and reporting/visualization to best deliver the message to senior leadership. Create presentations on trends including deposit balances, pricing and profitability, migration of client cash from low to high-yield cash vehicles, campaign tracking, recent macroeconomic changes, Central Bank rate decisions driving pricing actions for pricing meetings.
QUALIFICATIONS:
Minimum education and experience required: Master's degree in Applied Urban Science and Informatics, Finance, Financial Statistics, Engineering, Economics, Mathematics or related field of study plus 1 year of experience in the job offered or as Global Deposit Pricing Analyst, Financial Analyst, or related occupation.
Skills Required: This position requires experience with the following: Collaborating with cross-functional modeling and tech teams to develop AI XGBoost machine-learning pricing model and customize exception pricing based on liquidity requirement; Handling data and developing data pipelines and workflows using Python and Alteryx; Creating impactful, tailored visualization of analytical results using Tableau and ThoughtSpot dashboards; Querying data, cleaning, manipulating, formatting, structuring and preparing data for time-series and cross-sectional analytical purposes using relational databases and cloud-based data platforms including Oracle, SQL Server, Teradata, Snowflake and Databricks; Developing automated at-scale, high-performance data processing systems to drive efficiencies in trend analyses; Building scalable data pipelines leveraging scheduler/executor framework; Leveraging Big Data using Python programming language and Python libraries including Pandas, Xlwings, os, times, openpyxl, and pyodbc; Tracking funds flows and transactions using Python, Bloomberg API, and SQL tools on Databricks, Snowflake, and AWS S3 bucket; Understanding of macroeconomics, Central Bank actions and their impact on short-term market rates, short-term Treasury markets.
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/aboutus.
Job Location: 575 Washington Blvd, Jersey City, NJ 07310
Full-Time. Salary: $112,778 - $112,778 per year.
About Us
JPMorganChase, 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 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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
Top Skills
Alteryx
Aws S3
Bloomberg Api
Databricks
Oracle
Python
Snowflake
SQL Server
Tableau
Teradata
Thoughtspot
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