Risk Management - Model Risk Program Associate

JPMorganChase; United States; Vor Ort; USD 135.000 - 150.000; Vollzeit

Zusammenfassung

JPMorgan Chase is seeking a Model Risk Program Associate in New York to analyze model risk across business units and support regulatory compliance. You will collaborate with stakeholders to enhance risk management, validate models, and communicate findings to senior management.

The role requires a quantitative bachelor's degree and at least 3 years of risk, model validation, or related experience, with strong analytical and communication skills.

Qualifikationen

• Bachelor's degree in a quantitative field such as Mathematics, Statistics, Finance, or related discipline.
• At least 3 years of experience in risk management, model validation, or related area.
• Strong analytical skills with proficiency in statistical analysis and modeling techniques.
• Familiarity with regulatory requirements and industry standards related to model risk.
• Excellent communication skills, both verbal and written, with the ability to present complex information clearly.

Aufgaben

• Analyze and evaluate model risk across various business units to ensure compliance with regulatory standards.
• Collaborate with stakeholders to enhance risk management frameworks and processes.
• Conduct model validation and performance testing to identify potential weaknesses.
• Prepare detailed reports and presentations to communicate findings and recommendations to senior management.
• Stay updated on industry trends and regulatory changes that may impact model risk management practices.

Kenntnisse

Analytical skills

Regulatory knowledge

Communication

Risk awareness

Ausbildung

Bachelor's degree in Mathematics / Statistics / Finance

Tools

Python

R

SAS

Jobbeschreibung

Risk Management - Model Risk Program Associate at JPMorganChase

About the role Join JPMorgan Chase in a pivotal role within Risk Management and Compliance. Your expertise will be essential in ensuring the firm’s stability and resilience. You will play a key role in identifying and addressing emerging risks while applying your judgment to tackle real-world challenges that affect the organization, its clients, and the wider community. Our Risk Management and Compliance culture encourages innovative thinking and a proactive approach to risk.

Key facts

Location: New York, US Engagement: Full-time Compensation: $135,000 - $150,000 Team: Model Risk Program

What you’ll do

• Analyze and evaluate model risk across various business units to ensure compliance with regulatory standards.
• Collaborate with stakeholders to enhance risk management frameworks and processes.
• Conduct model validation and performance testing to identify potential weaknesses.
• Prepare detailed reports and presentations to communicate findings and recommendations to senior management.
• Stay updated on industry trends and regulatory changes that may impact model risk management practices.

Requirements

• A bachelor's degree in a quantitative field such as Mathematics, Statistics, Finance, or a related discipline.
• At least 3 years of experience in risk management, model validation, or a related area.
• Strong analytical skills with proficiency in statistical analysis and modeling techniques.
• Familiarity with regulatory requirements and industry standards related to model risk.
• Excellent communication skills, both verbal and written, with the ability to present complex information clearly.

Skills & tools

• Proficient in programming languages such as Python, R, or SAS for data analysis and modeling.
• Experience with risk management software and tools.
• Strong knowledge of statistical methods and quantitative analysis.

Practical notes

This position is open to candidates requiring work visas.

Benefits include comprehensive health coverage, retirement plans, and opportunities for professional development.

Applications will be accepted until [insert application deadline].