Quant Modeling Associate - Credit Risk & Validation
JPMorgan Chase & Co.
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Job summary
JPMorgan Chase & Co. in New York City is seeking a Quant Modeling Associate in the MRGR team to cover counterparty credit risk models across asset classes. You will interact daily with quantitative research, credit risk, and trading desks to ensure sound methodologies and robust governance.
The role emphasizes reviewing methodologies, testing adequacy, and clear communication of model risks. A master’s degree in a quantitative field and strong programming skills are required, with collaboration
Qualifications
- Master’s degree in mathematics, statistics, or related field.
- Strong quantitative, analytical, and problem-solving skills.
- Experience in banking analytics or similar environment.
- Ability to work independently and meet deadlines.
- Strong communication and teamwork.
- Inquisitive and able to assess materiality.
Responsibilities
- Review margining methodologies and credit risk measurement.
- Evaluate model soundness, inputs, assumptions, and limitations.
- Assess testing adequacy and correctness of implementation.
- Assist with model governance, issues, and performance monitoring.
- Collaborate with model developers, credit risk officers, and traders.
Skills
Education
Tools
Job description
JPMorgan Chase & Co. in New York City is seeking a Quant Modeling Associate in the MRGR team to cover counterparty credit risk models across asset classes. You will interact daily with quantitative research, credit risk, and trading desks to ensure sound methodologies and robust governance.
The role emphasizes reviewing methodologies, testing adequacy, and clear communication of model risks. A master’s degree in a quantitative field and strong programming skills are required, with collaboration
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