Quant Model Risk Associate - Valuation & Governance

JPMorgan Chase; New York (NY); On-site; USD 135,000 - 150,000; Full time

Benefits offered by this job

Competitive salary

Health care coverage

Retirement savings plan

Tuition reimbursement

Mental health support

Job summary

A leading financial institution is seeking a Quant Model Risk Associate in New York. This role involves evaluating risks related to complex models used for valuation and capital calculation. The ideal candidate will have an advanced degree in a quantitative field and strong skills in programming and analytical thinking. The position offers a competitive salary and a comprehensive benefits package, promoting a collaborative and innovative work culture.

Qualifications

• Advanced degree in mathematics, statistics, financial engineering, or related field.
• Strong analytical and problem-solving skills.
• Proficient in programming languages such as C/C++ or Python.

Responsibilities

• Assess and mitigate risks associated with complex models.
• Evaluate model behavior and ensure suitability of pricing models.
• Develop and implement alternative model benchmarks.

Skills

Probability theory

Stochastic processes

Statistical analysis

Analytical skills

Programming in C/C++

Programming in Python

Problem-solving

Communication skills

Education

Advanced degree in a quantitative discipline

Job description

A leading financial institution is seeking a Quant Model Risk Associate in New York. This role involves evaluating risks related to complex models used for valuation and capital calculation. The ideal candidate will have an advanced degree in a quantitative field and strong skills in programming and analytical thinking. The position offers a competitive salary and a comprehensive benefits package, promoting a collaborative and innovative work culture.