Risk Management - Quant Modeling Lead - Vice President

JPMorgan Chase

3.3

(115)

Multiple Locations

Why you should apply for a job to JPMorgan Chase:

  • 61% say women are treated fairly and equally to men
  • 77% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.

    #210729060

    Position summary

    . This role also provides the opportunity to gain exposure to various business and functional areas, as well as to collaborate closely with model developers and users.

    Job Responsibilities

    • Perform model reviews: evaluate the conceptual soundness of a model, assess its behavior under various market conditions and its suitability in the context of usage.

    • Guide on model usage and act as the 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.

    • Liaise with model developers, users, and compliance groups, and provide guidance on model risk.

    • Evaluate model performance on a regular basis.

    Required Qualifications, Capabilities and Skills

    • Education: Bachelor's, Master's or PhD in a quantitative field (e.g., Mathematics, Statistics, Computer Science, Engineering, Physics).

    • Experience: 5+ years of experience in a quantitative modelling or model validation role.

    • Strong analytical problem-solving skills and clear written/verbal communication, ability to articulate technical issues to diverse stakeholders and write high quality technical reports.

    • Knowledge of financial products / markets and regulatory requirements.

    • Risk- and control-oriented mindset: ability to ask incisive questions, assess the materiality of model issues, and escalate issues appropriately.

    • Ability to work in a fast-paced, results-driven environment.

    • Curious, ownership-driven, and teamwork-oriented mindset.

    Preferred Qualifications, Capabilities and Skills

    • Prior experience with Treasury function and its models.

    • Hands-on programming experience with at least one of the programming languages such as Python, R, MATLAB, C/C++ etc.

    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

    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:

  • 61% say women are treated fairly and equally to men
  • 77% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.