Quant Model Risk - Executive Director

JPMorgan Chase

3.3

(114)

London, United Kingdom

Why you should apply for a job to JPMorgan Chase:

  • 62% say women are treated fairly and equally to men
  • 78% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.

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    Position summary

    ng models/engines to particular products/structures

    • Act as Model Review Lead, supervising the work of multiple team members and being responsible for the quality of the reviews they produce.

    • Provides guidance on model usage and act as first point of contact for the business on all new models and changes to existing models

    • Develop and implement alternative model benchmarks and compare the outcome of various models; Design model performance metrics

    • Liaises with model developers, Risk and Valuation Control Groups and provide guidance on model risk

    • Evaluates model performance on a regular basis

    • Manage and develop junior members of the team.

    Required qualifications, capabilities, and skills

    • extensive work experience in a FO or model risk quantitative role.

    • Excellence in probability theory, stochastic processes, statistics, partial differential equations, and numerical analysis

    • MSc, PhD or equivalent in a quantitative discipline

    • Inquisitive nature, ability to ask right questions and escalate issues

    • Excellent communication skills (written and verbal)

    • Good understanding of option pricing theory (i.e. quantitative models for pricing and hedging derivatives)

    • Good coding skills, for example in C/C++ or Python

    • Extensive knowledge of and experience with interest rates derivatives

    Preferred qualifications, capabilities, and skills

    • Experience managing quants.

    ABOUT US

    J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

    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.

    ABOUT THE TEAM

    Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.

    Why you should apply for a job to JPMorgan Chase:

  • 62% say women are treated fairly and equally to men
  • 78% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.