Product Associate - MRGR

JPMorganChase; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

JPMorganChase is hiring a Product Associate in Mumbai, India. The role involves defining product requirements and collaborating with stakeholders in model risk management. Candidates should have a Bachelor’s degree and at least 5 years of experience in financial services or fintech, including 3 years in product management. The role requires strong communication and organizational skills, with a focus on user experience design. Join a diverse team committed to responsible growth and solving real-world challenges.

Qualifications

• 5+ years of experience in the financial services or fintech industry.
• 3+ years of Product Management / Development experience.
• Ability to manage competing priorities under tight deadlines.

Responsibilities

• Define product requirements and create detailed specifications.
• Document product features, user stories, and acceptance criteria.
• Conduct usability testing and gather feedback to improve user experience.

Skills

Clear communication

Organizational skills

Collaboration

User experience design

Education

Bachelor’s Degree

Job description

Job Overview

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.

As a product associate, you will collaborate with model risk stakeholders and technology partners to design specification of processes and technical solutions that support MRGR’s effective management of Model Risk, including tooling to support validation, inventory governance and reporting. Additionally, you will work closely with technology and UI/UX teams to ensure development is budgeted, prioritized and implemented effectively. You will play a core role in risk management and compliance, helping the firm grow responsibly by anticipating new and emerging risks and solving real‑world challenges that impact the company, customers and communities.

Model Risk Governance and Review (MRGR) is a global team of modeling experts within the firm’s Risk Management and Compliance organization, responsible for conducting independent model validation and governance activities to identify, measure, and mitigate model risk. The objective is to ensure models are fit for purpose, used appropriately within the business context, and that model users are aware of limitations and their impact on decisions.

Responsibilities

• Define product requirements and create detailed specifications.
• Document product features, user stories, and acceptance criteria.
• Conduct testing and experiments to evaluate the impact of product changes.
• Conduct usability testing and gather feedback to improve the user experience.
• Maintain and update product documentation and knowledge bases.
• Track project timelines and milestones to ensure timely delivery of product features.
• Identify and mitigate risks and issues that may impact the product development process.
• Identify critical dependencies and present recommendations for resolution.
• Provide support to user groups by answering product-related questions and resolving issues.
• Assist in creating training materials and conducting training sessions for internal teams and customers.

Required Qualifications

• Bachelor’s Degree.
• 5+ years of experience in the financial services or fintech industry.
• 3+ years of Product Management / Development experience.
• Strong, clear, and concise written and verbal communication with ability to edit and prepare executive level communications.
• Excellent organizational skills and attention to detail.
• Ability to manage competing priorities under tight deadlines.
• Proven ability to collaborate and build strong partnerships.
• Intellectual curiosity with a high degree of initiative, self‑direction, and ability to work well under pressure.

Preferred Qualifications

• Experience within large financial services firms and basic domain knowledge in Model Risk Management.
• Advanced knowledge of the Product Development Lifecycle and ability to lead lifecycle activities including discovery, ideation, strategic development, requirements definition, and go‑to‑market.
• Strong UI/UX designing skills or experience working with Technology and UX Design colleagues.

Equal Opportunity Employer

We are an equal opportunity employer and place a high value on diversity and inclusion. 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.