Quant Model Risk VP: Governance & Validation Lead

JPMorgan Chase & Co.; Jersey City (NJ); On-site; USD 147,250 - 215,000; Full time

Benefits offered by this job

Comprehensive health care coverage

On-site health and wellness centers

Retirement savings plan

Tuition reimbursement

Mental health support

Financial coaching

Job summary

A leading financial institution is seeking a Quant Model Risk Vice President in Jersey City, NJ. You will play a vital role in assessing and mitigating risks associated with Treasury models used for liquidity, stress testing, and budgeting. This position requires an analytical mindset with 5+ years in quantitative modeling and a strong foundation in financial products. The role offers competitive compensation, generous benefits, and opportunities for professional growth in a dynamic environment.

Qualifications

• 5+ years of experience in a quantitative modelling or model validation role.
• Experience with Treasury functions and its models is a plus.

Responsibilities

• Evaluate the conceptual soundness of models.
• Guide on model usage and act as a point of contact for new models.
• Develop and implement alternative model benchmarks.
• Liaise with model developers and compliance groups.

Skills

Strong analytical problem-solving skills

Clear written/verbal communication

Ability to articulate technical issues

Knowledge of financial products/markets

Risk- and control-oriented mindset

Ability to work in a fast-paced environment

Education

Bachelor’s, Master’s or PhD in a quantitative field

Tools

Python

R

MATLAB

C/C++

Job description

A leading financial institution is seeking a Quant Model Risk Vice President in Jersey City, NJ. You will play a vital role in assessing and mitigating risks associated with Treasury models used for liquidity, stress testing, and budgeting. This position requires an analytical mindset with 5+ years in quantitative modeling and a strong foundation in financial products. The role offers competitive compensation, generous benefits, and opportunities for professional growth in a dynamic environment.