Senior Quant Risk & Model Governance VP

JPMorgan Chase & Co.; Greater London; On-site; GBP 120,000 - 190,000; Full time

Job summary

JPMorgan Chase & Co. in London seeks a Model Risk Associate/VP to review equity derivatives models and strengthen model risk governance within MRGR. You will collaborate with model developers, trading desks, and risk professionals to ensure sound pricing models and robust controls.

The role offers exposure across global markets and multiple business areas. The ideal candidate has MSc-level training in quantitative fields, strong analytical and communication skills, and fluency in C/C++ and

Qualifications

• Advanced knowledge of probability theory, stochastic processes, statistics, and numerical analysis.
• Strong understanding of option pricing theory and quantitative models for derivatives.
• Experience with Monte Carlo and numerical methods.

Responsibilities

• Analyze the conceptual soundness of complex pricing models and reserve methodologies.
• Develop and implement alternative model benchmarks and performance metrics.
• Liaise with model developers, trading desks, and risk professionals to provide guidance on model risk and usage.
• Maintain model risk control apparatus and serve as the first point of contact for the coverage area.

Skills

Probability theory

Stochastic processes

Statistics

Numerical analysis

Option pricing theory

Monte Carlo

C/C++

Python

Communication skills

Teamwork

Education

MSc or equivalent in a relevant field

Tools

Python

C/C++

Job description

JPMorgan Chase & Co. in London seeks a Model Risk Associate/VP to review equity derivatives models and strengthen model risk governance within MRGR. You will collaborate with model developers, trading desks, and risk professionals to ensure sound pricing models and robust controls.

The role offers exposure across global markets and multiple business areas. The ideal candidate has MSc-level training in quantitative fields, strong analytical and communication skills, and fluency in C/C++ and