Model Risk Governance and Review Policy Associate

JPMorgan Chase & Co.; City Of London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading global financial services firm in London is looking for an experienced professional to enhance their model risk management framework. The role involves collaboration with various teams, operational redesign, and ensuring compliance across processes. Strong analytical skills and attention to detail are essential. Ideal candidates will have a proven track record in model risk management and process re-engineering.

Qualifications

• Proven experience in developing and enhancing model risk management frameworks.
• Ability to juggle multiple priorities while ensuring clear decision-making.
• Strong analytical skills paired with strategic thinking abilities.
• Exceptional attention to detail and outstanding communication skills.

Responsibilities

• Drive initiatives to enhance the model risk management framework.
• Ensure changes are reflected across all framework components.
• Serve as the primary contact for model risk management queries.
• Redesign model risk management processes for operational excellence.
• Collaborate with infrastructure product team for alignment.
• Triage and prioritize proposed enhancements.
• Gather feedback to promote consistency in practices.
• Maintain strong connections with other frameworks within the firm.

Skills

Developing model risk management frameworks

Process re-engineering

Analytical skills

Strategic thinking

Attention to detail

Communication skills

Job description

Job Description

Be at the forefront of risk management and compliance, where your expertise will help the firm grow responsibly by anticipating and mitigating new and emerging risks. As part of our dynamic team, you\'ll challenge the status quo and strive to be best-in-class, solving real-world challenges that impact our company, customers, and communities. This is your opportunity to make a significant impact in a global team of modeling experts, ensuring models are fit for purpose and used appropriately within the business context.

Responsibilities

• Drive initiatives to enhance the model risk management framework, ensuring it is fit-for-purpose and efficiently executed by stakeholders.
• Ensure changes are consistently reflected across all model risk framework components, including policy, procedures, templates, metric definitions, and reporting design.
• Serve as the primary contact for queries related to the model risk management framework.
• Innovatively redesign model risk management processes for operational excellence, managing multiple projects simultaneously.
• Collaborate with the infrastructure product team to align process and system designs.
• Triage and prioritize proposed enhancements, engaging with management and stakeholders to provide transparency.
• Work closely with stakeholders in other teams/functions to gather feedback and promote consistency in model risk management practices.
• Maintain strong connections with other frameworks and controls within the firm to ensure comprehensive model risk management.

Required Qualifications, Capabilities, and Skills

• Proven experience in developing and enhancing model risk management frameworks, along with expertise in process re-engineering.
• Demonstrated ability to juggle multiple priorities while ensuring clear and transparent decision-making.
• Strong analytical skills paired with strategic thinking abilities.
• Exceptional attention to detail and outstanding communication skills.

Preferred Qualifications, Capabilities, and Skills

• Experience in model risk management, risk consulting, or roles focused on risk and control.

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.