Quant Model Risk Lead - VP, Risk Management

JP Morgan Chase; New York (NY); On-site; USD 200,000 - 260,000; Full time

Job summary

JPMorganChase in New York seeks a Quant Model Risk Vice President to assess and mitigate risks in models used by Treasury for resolution, recovery, liquidity, stress testing and budgeting. You will work with model developers and users to drive improvements in a fast-paced, risk-aware environment.

The role offers exposure across business areas and requires strong analytical, communication and regulatory knowledge, with hands-on programming in Python, R, MATLAB or C/C++.

Qualifications

• Education: Bachelor’s, Master’s or PhD in quantitative field (Math/Statistics/CS/Engineering/Physics).
• Strong analytical problem solving and clear written/verbal communication.
• Knowledge of financial products/markets and regulatory requirements.
• Risk- and control-oriented mindset with ability to escalate issues when needed.

Responsibilities

• Perform model reviews: evaluate conceptual soundness and behavior under market conditions.
• Guide on model usage and be the first point of contact for new models and changes.
• Develop and implement alternative model benchmarks and performance metrics.
• Liaise with model developers, users, and compliance groups and provide guidance on model risk.
• Evaluate model performance on a regular basis.

Education

Bachelor’s/Master’s/PhD in quantitative field

Tools

Python

R

MATLAB

C/C++

Job description

JPMorganChase in New York seeks a Quant Model Risk Vice President to assess and mitigate risks in models used by Treasury for resolution, recovery, liquidity, stress testing and budgeting. You will work with model developers and users to drive improvements in a fast-paced, risk-aware environment.

The role offers exposure across business areas and requires strong analytical, communication and regulatory knowledge, with hands-on programming in Python, R, MATLAB or C/C++.