Be an essential member of a diverse team of professionals dedicated to making a lasting impact! The Consumer and Business Intelligence (CBI) is a new organization dedicated to providing a comprehensive view of the financial well-being of consumers and businesses using internal and external data. As the nation's largest bank, we are uniquely positioned to influence public understanding of economic trends. In times of macroeconomic uncertainty, identifying emerging trends and economic relationships is crucial.
As a Data Scientist (Econometrics) on the Consumer & Business Intelligence (CBI) team, you will spearhead the analytics of consumer and business data through advanced modeling, metric development, and forecasting. In this role, you'll collaborate with economists and the broader CBI team to shape narratives about consumer and small business health. You'll need a deep understanding of economic theory and apply advanced statistical and machine learning techniques to analyze complex datasets, model economic relationships, and provide data-driven insights.
Job Responsibilities
Design, develop, and implement advanced econometric models to evaluate the impact of policies, programs, and business interventions
Create schemas to model relationships and speed analytics
Collect, clean, and analyze large, often messy, datasets from various sources
Utilize statistical software and programming languages to conduct rigorous data analysis and ensure data quality and integrity
Develop and deploy predictive models using a range of machine learning techniques to forecast key economic and business metrics, such as demand, market trends, and customer behavior
Translate complex quantitative findings into clear, concise, and actionable recommendations for senior leadership and cross-functional teams
Create compelling data visualizations and presentations to communicate insights effectively
Collaborate with product managers, engineers, and business leaders to define business problems, formulate hypotheses, and translate analytical findings into strategic decisions and product improvements
Stay current with the latest advancements in data science, econometrics, and machine learning
Develop and refine internal tools and frameworks to scale econometric analysis across the organization
Required Qualifications, Capabilities, and Skills
Master's or Ph.D. in Economics, Econometrics, Statistics, Computer Science, or a related quantitative field
6 years' experience working in an advanced analytical role with at least 2 years related to economic data
Proficiency with statistical programming languages, particularly Python (with libraries like Pandas, NumPy, Scikit-learn) and/or R
Skilled using SQL for data extraction, manipulation, and analysis
Competent with data visualization tools (e.g., Tableau, Power BI)
Ability to deploy advanced methods in econometrics and quickly translate and communicate microeconomic and macroeconomic trends in consumer & business data
Robust knowledge and practical approach to market economics & econometric modeling of economic relationships
Fundamental understanding & appreciation of consumer financial health frameworks and consumer segmentation methodologies
Comprehensive knowledge of time-Series (e.g., Seasonal Decomposition, ARIMAX, VAR, ECM) and classification (e.g., Logistic regression)
Exceptional analytical and problem-solving skills with the ability to break down complex business problems into manageable analytical frameworks
Excellent written and verbal communication skills to explain technical concepts to diverse audiences
Preferred Qualifications, Capabilities, and Skills
Familiarity with consumer and small business datasets
Experience with big data environments such as Hadoop and Spark
Knowledge of cloud-based platforms (e.g., AWS, GCP)
This role is not eligible for visa sponsorship or relocation assistance
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
Base Pay/Salary
Washington,DC $142,500.00 - $210,000.00 / year; New York,NY $142,500.00 - $210,000.00 / year