Product Associate - MRGR

Next Frontier Capital; Mumbai; On-site; INR 1,800,000 - 3,600,000; Full time

Job summary

JPMorgan Chase is seeking a product associate to partner with MRGR teams, define specifications, and drive governance of model risk tools. You will collaborate with technology, UI/UX, and risk stakeholders to ensure budgeted, prioritized delivery of enhancements and reporting capabilities.

The role emphasizes strong communication and program management within a fast-paced financial services environment. The candidate will engage with model risk governance teams to design processes, manage

Qualifications

• Bachelor’s degree required.
• 5+ years of experience in financial services or fin-tech.
• 3+ years in Product Management/Development.
• Strong written and verbal communication for executive-level materials.
• Excellent organizational skills and attention to detail.
• Ability to manage competing priorities under tight deadlines.
• Proven ability to collaborate and build partnerships.
• Curiosity, initiative, and ability to work under pressure.

Responsibilities

• Define product requirements and create detailed specifications.
• Document features, user stories, and acceptance criteria.
• Conduct testing and experiments to evaluate product changes.
• Perform usability testing and gather feedback to improve UX.
• Maintain and update product documentation and knowledge bases.
• Track project timelines and milestones for timely delivery.
• Identify risks and mitigations impacting development.
• Provide support to user groups and resolve product questions.
• Assist in creating training materials and conducting internal sessions.

Skills

Financial services experience

Product management

Executive communication

Organizational skills

Prioritization under deadlines

Collaboration

Initiative and self-direction

Education

Bachelor’s Degree

Job description

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 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 specifications of processes and technical solutions that support MRGR’s effective management of Model Risk, including tooling to support validation, inventory governance and reporting. You will work with technology & UI/UX teams to ensure development is budgeted, prioritized and implemented effectively, bringing your expertise to JPMorgan Chase. You are at the center of keeping JPMorgan Chase strong and resilient, helping the firm grow its business responsibly by anticipating new and emerging risks and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is about thinking outside the box, challenging the status quo and striving to be best-in-class.

Model Risk Governance and Review (MRGR) is a global team of modeling experts within the firm’s Risk Management and Compliance organization. The team conducts independent model validation and model 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 for which they were approved, and that model users are aware of model limitations and potential business impact.

Within MRGR, the Chief Operating Officer (COO) supports model risk stakeholders in their review and governance activities, with responsibility for model risk policy, procedures and process engineering; product ownership and software development for model risk technology and analytics; execution of model risk governance processes, model risk committees and reporting; project management of the review and governance pipeline; and regulatory, audit and key capital stress testing exercises; as well as general business management.

Job Responsibilities

• Be responsible for defining product requirements and creating detailed specifications.
• Document product features, user stories, and acceptance criteria.
• Conduct testing and other 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/issues 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, Capabilities and Skills

• Bachelor’s Degree
• 5+ years of experience in the financial services or fin-tech 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 proven ability to learn quickly and high degree of initiative, self-direction, and ability to work well under pressure

Preferred Qualifications, Capabilities and Skills

• Experience within large Financial Services firms and basic level of domain knowledge in Model Risk Management
• Advanced knowledge of the Product Development Lifecycle with proven ability to lead Product 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 and discussing technical designs.

Company and Equal Opportunity

JPMorgan Chase is an equal opportunity employer and values diversity and inclusion. We do not discriminate on the basis of protected attributes and provide reasonable accommodations for applicants and employees with mental or physical disabilities, religious practices, or other needs as required by law. Visit our FAQs for more information about requesting an accommodation.