JPMorgan Chase Product Analyst Interview Questions + Guide in 2024

JPMorgan Chase & Co. is a global financial powerhouse known for its comprehensive and innovative banking and financial services, making it one of the largest and most influential banks in the world. With operations in over 60 countries and a legacy spanning more than 200 years, JPMorgan Chase plays a critical role in the global economy by offering a wide range of financial solutions to individuals, businesses, and institutions.

This guide is designed to help you prepare for the JPMorgan Chase Product Analyst interview process. It will walk you through the stages of the interview, provide insights to help you succeed, and walk you through typical JPMorgan Chase product analyst interview questions. Let’s dive in!

The interview process usually depends on the role and seniority, however, you can expect the following on a JPMorgan Chase product analyst interview:

Recruiter Call Screening

If your application is shortlisted, expect an initial call from a recruiter from the JPMorgan Chase Talent Acquisition Team. This call typically lasts around 30 minutes and involves discussing your background, experiences, and skills. The recruiter may also ask behavioral questions to assess your cultural fit within the organization.

This initial call is often followed by a more prolonged interview, usually with two Vice Presidents (VPs) from different departments, focusing on how your experience aligns with the role, core responsibilities, and team dynamics at JPMorgan Chase.

Technical Virtual Interview

After passing the initial screening, you will be invited to a technical interview round, typically conducted through video conferencing. This 1-hour interview focuses on your technical abilities, experience with Agile product development, and understanding of tools like JIRA and Confluence.

For a Product Analyst role, you may be asked to elaborate on specific projects, write Epics and User Stories, and discuss your familiarity with Backlog Prioritization Techniques. Understanding the software delivery lifecycle and showcasing your ability to work with UX teams on design aspects can be crucial.

Onsite Interview Rounds

Upon successfully clearing the technical interview, you will be invited to onsite interview rounds. These may involve multiple sessions with different team members, including cross-functional counterparts from departments like Marketing, Technology, Customer Service, and Risk.

During these interviews, your ability to form strong working relationships, manage tight delivery timelines, and navigate challenging situations will be assessed. If applicable, presenting any take-home assignments or case studies you have might also be part of the onsite process.

Typically, interviews at JP Morgan Chase vary by role and team, but commonly Product Analyst interviews follow a fairly standardized process across these question topics.

1. Create a function find_bigrams to return a list of all bigrams in a sentence.

Write a function called find_bigrams that takes a sentence or paragraph of strings and returns a list of all its bigrams in order. A bigram is a pair of consecutive words.

2. Write a query to return all neighborhoods with 0 users.

Given two tables, a users table with demographic information and the neighborhood they live in, and a neighborhoods table, write a query that returns all neighborhoods that have 0 users.

3. Describe how to count the total number of lines in a 100 GB log file using Python.

Explain how you would count the total number of lines in a huge 100 GB log file using Python.

4. Write a program to determine the term frequency (TF) values for each term in a document.

Given a text document in the form of a string, write a program in Python to determine the term frequency (TF) values for each term. Round the term frequency to 2 decimal points.

5. Create a function digit_accumulator to sum every digit in a floating-point number string.

You are given a string that represents some floating-point number. Write a function, digit_accumulator, that returns the sum of every digit in the string.

6. What is the probability of drawing three cards in increasing order from a shuffled deck of 500 cards?

Imagine a deck of 500 cards numbered from 1 to 500. If all the cards are shuffled randomly and you are asked to pick three cards, one at a time, what’s the probability of each subsequent card being larger than the previous drawn card?

7. What is the probability that it’s actually raining in Seattle given your friends’ responses?

You are about to get on a plane to Seattle and want to know if you should bring an umbrella. You call 3 random friends who live there and ask each independently if it’s raining. Each friend has a ²⁄₃ chance of telling the truth and a ¹⁄₃ chance of lying. All 3 friends tell you “Yes” it is raining. What is the probability that it’s actually raining in Seattle?

8. What is the probability of getting exactly 5 heads in 6 tosses of a biased coin?

Let’s say we’re given a biased coin that comes up heads 30% of the time when tossed. What is the probability of the coin landing as heads exactly 5 times out of 6 tosses?

9. What is the Martingale strategy and how is it used in online advertising?

Explain the Martingale strategy and discuss how it might be applied in the context of online advertising.

10. What is the probability of forming a triangle from three pieces of a broken stick?

If you break a stick uniformly at two points, creating three pieces, what’s the probability that a triangle can be formed from the three pieces?

11. What kind of model did the co-worker develop for loan approval?

Your co-worker developed a model that takes customer inputs and returns if a loan should be given or not. What kind of model is this?

12. How would you compare two credit risk models for predicting loan defaults?

Given that personal loans are monthly installments, how would you measure the difference between two credit risk models within a timeframe?

13. How would you explain linear regression to different audiences?

Explain the concept of linear regression to three different audiences: a child, a first-year college student, and a seasoned mathematician. Ensure your explanations are tailored to the understanding level of each audience.

14. How would you investigate if the redesigned email campaign led to the increase in conversion rate?

The new-user to customer conversion rate increased from 40% to 43% after launching a redesigned email journey. However, the rate was 45% a few months prior. How would you determine if the redesign caused the increase or if other factors were involved?

15. How would you analyze the dataset to understand where the revenue loss is occurring?

An ecommerce company has experienced a reduction in revenue over the past 12 months. Given transaction data including date of sale, total amount paid, profit margin, quantity, item category, subcategory, marketing attribution source, and discount applied, how would you analyze the dataset to pinpoint the source of revenue loss?

16. How would you measure and analyze the success of a new email campaign?

Your company has started a new email campaign. Using the provided users, emails, and user_sessions tables, how would you measure the campaign’s success? Write a query to analyze the campaign’s effectiveness.

You should plan to brush up on any technical skills and try as many practice interview questions and mock interviews as possible. A few tips for acing your JPMorgan Chase product scientist interview include:

• Emphasize Data-Driven Insights: Demonstrating your ability to leverage data and analytics to drive strategic decisions is crucial. Be ready to discuss how you’ve previously used data to inform product strategies and optimize outcomes.
• Understand Agile Methodologies: Familiarity with Agile product development processes, including tools like JIRA, Confluence, and Backlog Prioritization Techniques, can give you a significant edge. Be prepared to discuss your experience in Agile environments.
• Effective Communication: Highlight your capability to communicate effectively with both technical and non-technical stakeholders. Emphasize instances where your communication skills helped in resolving conflicts or collaborating on complex projects.

What is the average salary for a Product Analyst at Jpmorgan Chase & Co.?

According to Glassdoor, Product Analyst at JPMorgan Chase earn between $89K to $142K per year, with an average of $115K per year.

What key qualifications and skills are required for a Product Analyst at JPMorgan Chase & Co.?

Ideal candidates should have 3+ years of experience in a product analyst or analysis role, familiarity with agile product development, and tools like JIRA. Effective communication skills, the ability to analyze user procedures, and strong collaboration skills with scrum teams are essential.

What are the main responsibilities of a Product Analyst at JPMorgan Chase & Co.?

You will be responsible for forming strong relationships with scrum teams, collecting user requirements, managing the product backlog, writing epics and stories, and working closely with UX and UAT teams. Your role will also involve conducting in-depth analyses of existing systems and providing governance, training, and tooling to ensure business resiliency.

How does JPMorgan Chase & Co. ensure a great working environment in the Product Analyst role?

JPMC emphasizes building a healthy working relationship with team members, supports individual growth and career mobility, and promotes an inclusive culture. You’ll work with a diverse team and participate in cross-functional collaborations, ensuring a dynamic and motivated work environment.

What opportunities for career growth and development does JPMorgan Chase & Co. offer to Product Analysts?

JPMC provides exposure to product management, product delivery, and portfolio operations. The role prepares you for a thriving career by offering hands-on experience in agile development, customer research, data analysis, and the opportunity to work with senior executives and multiple stakeholders across various regions.

As the financial landscape continues to evolve, JPMorgan Chase & Co. is constantly seeking innovative and motivated Product Analysts to join their dynamic teams.

Want to dive deeper and prepare even more meticulously? Explore our selection of JPMorgan Chase interview guides. You’ll find detailed questions, tips, and additional resources to ensure you’re thoroughly prepared. Additionally, consider viewing our broader guides on data analyst, software engineer, and business analyst roles to encompass all facets of the company’s expectations.

Good luck with your interview!