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Become A Model/Sales Associate

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Working As A Model/Sales Associate

  • Performing for or Working Directly with the Public
  • Selling or Influencing Others
  • Getting Information
  • Establishing and Maintaining Interpersonal Relationships
  • Communicating with Persons Outside Organization
  • Deal with People

  • Unpleasant/Angry People

  • $83,158

    Average Salary

What Does A Model/Sales Associate Do At Jpmorgan Chase

* Carrying out model validation and designing model risk measurement activities, for models used to value and risk manage CVA/DVA/FVA valuation adjustments, compute Counterparty Credit Risk (CCR) monitoring metrics and capital requirements.
* Model reviews: evaluate the conceptual soundness of pricing engines and its suitability for capturing risk; the reasonableness of assumptions and reliability of inputs; the consistency of approaches used across products and asset classes; the completeness of the testing performed to support the methodology choices and the correctness of the implementation; the suitability and comprehensiveness of performance metrics and risk measures associated with the use of the model.
* The scope of models naturally covers a variety of asset classes and model usages.
* Model risk measurement: design and implement experiments to measure on-going model performance, the potential impact of model limitations, parameter estimation error or deviations from model assumptions; compare model outputs with empirical evidence and/or outputs from alternative model benchmarks
* Liaise with FO, Quants, Market Risk and Valuation Control Groups to understand usage of models within the business context, assess models’ fit-for-purpose for specific portfolios and netting sets and syndicate the findings of model validation
* Essential

What Does A Model/Sales Associate Do At RELX Group

* Assemble, merge and parse large amounts of data to detect meaningful trends and patterns
* Explore opportunities to enhance existing content or evaluate new data sources to improve product solutions
* Develop analytic models, create and provide analysis code, and work with internal or external stakeholders to validate accuracy of production code.
* Consult with internal and external clients regarding score calculations, analytic output, and statistical techniques
* Interpret, document and successfully communicate analytic work and/or results to stakeholders, including those in non-analytic roles
* Conduct analysis and produce reports in support of both existing and new product development and/or customer sales
* Understand and execute analytic plans with the appropriate statistical or modeling technique
* Proactively identify and communicate data quality issues and successfully work with other teams to implement solutions

What Does A Model/Sales Associate Do At Jpmorgan Chase

* Conduct reviews of models used in connection with pricing, loss forecasting, and capital calculation for wholesale products
* Evaluate conceptual soundness of model specification; reasonableness of assumptions and reliability of inputs; completeness of testing performed to support the correctness of the implementation; robustness of numerical aspects; suitability and comprehensiveness of performance metrics and risk measures associated with use of model.
* Design and implement experiments to measure the potential impact of model limitations, parameter estimation error or deviations from model assumptions; compare model outputs with empirical evidence and/or outputs from model benchmarks.
* Liaise with front office, Finance and Risk professionals to monitor usage and performance of the models and syndicate the findings of model validation.
* Advanced degree in Economics, Statistics, Physics, Sciences, Engineering or similar
* Two years or more of applied modeling, quantitative research and data analysis.
* Deep understanding of probability theory and statistics
* Programming experience in C/C++, Python or similar preferred, experience with statistical software (e.g.
* SAS, R) is desirable
* Excellent written and oral communication skills
* Excellent analytical and problem solving abilities.
* Experience with model validation/review desirable but not mandatory
* JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.
* JPMorgan Chase is an equal opportunity and affirmative action employer

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How To Become A Model/Sales Associate

Typically, there are no formal education requirements for retail sales workers. Most receive on-the-job training, which usually lasts a few days to a few months.

Education

Although retail or parts sales positions usually have no formal education requirements, some employers prefer applicants who have a high school diploma or equivalent, especially employers who sell technical products or “big-ticket” items, such as electronics or cars.

Training

Most retail sales workers receive on-the-job training, which usually lasts a few days to a few months. In small stores, an experienced employee often trains newly hired workers. In large stores, training programs are more formal and usually conducted over several days.

During training sessions, topics often include customer service, security, the store’s policies and procedures, and how to operate the cash register.

Depending on the type of product they are selling, employees may be given additional specialized training. For example, salespersons working in cosmetics get instruction on the types of products the store offers and for whom the cosmetics would be most beneficial. Likewise, those who sell computers may be instructed on the technical differences between computer products.

Because providing exceptional service to customers is a priority for many employers, employees often get periodic training to update and refine their skills.

Advancement

Retail sales workers typically have opportunities to advance to supervisory or managerial positions. Some employers want candidates for managerial positions to have a college degree.

As sales workers gain experience and seniority, they often move into positions that have greater responsibility and may be given their choice of departments in which to work. This opportunity often means moving to positions with higher potential earnings and commissions. The highest earnings potential usually involves selling “big-ticket” items—such as cars, jewelry, furniture, and electronics. These positions often require workers with extensive knowledge of the product and an excellent talent for persuasion.

Important Qualities

Customer-service skills. Retail sales workers must be responsive to the wants and needs of customers. They should explain the product options available to customers and make appropriate recommendations.

Interpersonal skills. A friendly and outgoing personality is important for these workers because the job requires almost constant interaction with people. 

Math skills. Retail sales workers must have the ability to calculate price totals, discounts, and change owed to customers.

Persistence. A large number of attempted sales may not be successful, so sales workers should not be discouraged easily. They must start each new sales attempt with a positive attitude.

Selling skills. Retail sales workers must be persuasive when interacting with customers. They must clearly and effectively explain the benefits of the merchandise.

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Model/Sales Associate jobs

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Model/Sales Associate Demographics

Gender

  • Female

    58.9%
  • Male

    38.1%
  • Unknown

    3.0%

Ethnicity

  • White

    73.2%
  • Hispanic or Latino

    14.8%
  • Asian

    9.4%
  • Unknown

    2.0%
  • Black or African American

    0.6%
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Languages Spoken

  • Spanish

    52.1%
  • French

    9.2%
  • Chinese

    6.7%
  • Mandarin

    6.1%
  • Vietnamese

    2.5%
  • Hindi

    2.5%
  • Italian

    2.5%
  • German

    2.5%
  • Cantonese

    2.5%
  • Arabic

    2.5%
  • Portuguese

    1.8%
  • Japanese

    1.8%
  • Somali

    1.2%
  • Russian

    1.2%
  • Tagalog

    1.2%
  • Polish

    1.2%
  • Swahili

    0.6%
  • Romanian

    0.6%
  • Hmong

    0.6%
  • Korean

    0.6%
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Model/Sales Associate

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Model/Sales Associate Education

Model/Sales Associate

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Top Skills for A Model/Sales Associate

QualityCustomerServiceNewMerchandiseLossPreventionSalesFloorGreetingCustomersCommunicationSkillsFitchEnsureCustomerSatisfactionPresentationStandardsFoldClothesProductKnowledgeStockRoomPersonalStyleCreditCardTransactionsCreditPaymentServiceSkillsCurrentSalesCompanyStandardsStockShelvesSecurityPractices

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Top Model/Sales Associate Skills

  1. Quality Customer Service
  2. New Merchandise
  3. Loss Prevention
You can check out examples of real life uses of top skills on resumes here:
  • Assisted customers with purchases and provided quality customer service.
  • Model of the new merchandise that would come in stores.
  • Worked as part of loss prevention team to help prevent shoplifting.
  • Organized the sales floor and promoted merchandise Assisted clients with details on the merchandise Controlled the fitting room in an organized manner
  • Multitasked between preventing merchandise loss, promoting teamwork among associates, supporting associates, greeting customers, and organizing merchandise.

Top Model/Sales Associate Employers

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