Model Risk Quant Analyst – Capital & Market Risk

Next Frontier Capital; New York (NY); On-site; USD 160,000 - 215,000; Full time

Job summary

JPMorgan Chase & Co. is seeking a quantitative professional to validate risk models used for regulatory capital measurement and market risk management. You will evaluate model specification, inputs, and performance metrics across equities, FX, credit, rates, and commodities.

The role involves designing experiments, assessing robustness, and communicating findings to stakeholders. Location is New York with a full-time salary of $160,000 to $215,000 per year.

Qualifications

• Master's degree in a quantitative field plus 1 year of experience in model risk or related roles.
• Experience with valuation and market risk models, CCAR/ICAAP practices, and financial instruments across asset classes.

Responsibilities

• Validate model risk for regulatory capital and market risk management across asset classes.
• Assess model specification, inputs, testing, and robustness of outputs.
• Design experiments to measure limitations and compare with empirical evidence.
• Document findings to model developers and risk management stakeholders.

Skills

Mathematical modelling

Data analysis

VaR & capital calculations

Derivatives pricing theory

Python (pandas, numpy, scipy)

Education

Master's degree in Applied Mathematics, Economics, Physics, Statistics, Engineering or related field

Tools

Python (pandas, numpy, scipy)

Job description

JPMorgan Chase & Co. is seeking a quantitative professional to validate risk models used for regulatory capital measurement and market risk management. You will evaluate model specification, inputs, and performance metrics across equities, FX, credit, rates, and commodities.

The role involves designing experiments, assessing robustness, and communicating findings to stakeholders. Location is New York with a full-time salary of $160,000 to $215,000 per year.