Senior Model Risk Analyst - Quantitative Validation

JPMorgan Chase; New York (NY); On-site; USD 160,000 - 215,000; Full time

Job summary

JPMorgan Chase is seeking a Quantitative Analyst/Model Risk Associate to validate risk models used for regulatory capital measurement and market risk management. You will evaluate model specification, input reasonableness, testing completeness, and the robustness of numerical results across asset classes.

Responsibilities include designing experiments to probe model limitations, monitoring performance under evolving markets, and documenting findings for risk management and model developers.

Qualifications

• Master's degree plus 1 year of relevant experience in model risk or quantitative analysis.
• Experience with valuation and market risk models in large financial institutions.
• Proficiency in Python for data analysis and modeling.

Responsibilities

• Validate risk models used for regulatory capital and market risk management.
• Assess model specification, inputs, testing, and performance metrics.
• Design experiments to measure model limitations and compare outputs to benchmarks.
• Document findings and communicate risk implications to stakeholders.

Skills

Mathematical modeling

Data analysis

Risk metrics

Derivatives pricing

Education

Master's degree in a related field

Tools

Python

Pandas

NumPy

SciPy

Job description

JPMorgan Chase is seeking a Quantitative Analyst/Model Risk Associate to validate risk models used for regulatory capital measurement and market risk management. You will evaluate model specification, input reasonableness, testing completeness, and the robustness of numerical results across asset classes.

Responsibilities include designing experiments to probe model limitations, monitoring performance under evolving markets, and documenting findings for risk management and model developers.